From a purchasing management perspective, one of the most serious risks presented by advanced technology is that it often becomes orphan technology. It is not possible to provide an exhaustive list of things to avoid and things to do when buying hi-tech, but the following ideas may serve as a useful guide: 1. Avoid state of the art products unless you are really familiar with the field. 2. Make sure that the technology has been developed. 3. Never buy unproven technology. 4. Make sure that state-of-the-art is state-of-the-art. 5. Beware of consultants. 6. Avoid businesses that "push the envelope." 7. Avoid hi-tech businesses that go it alone. 8. Take a close look at the financial strength of any hi-tech supplier. 9. Never sacrifice quality control for technological innovation. 10. Make sure that test results are valid. 11. Balance cost and benefit.
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