Sourcing Transaction Drivers
If a client decides to pursue a sourcing evaluation and potential transaction,
then the focus of questions changes:
- How do we start and how long will it take?
- Is there a process to follow?
- Are some process elements optional?
- How many suppliers should we invite?
- Is there one supplier we have a relationship with that can perform these services without a competitive process?
- What services should we put in scope?
- Do we combine services into a single RFP or have multiple RFPs?
- What data do we need to gather?
- What about service levels (SLA’s), legal counsel, funding sources, chargeback, and risks?
Sourcing Transaction Services
Sourcing Board's advisors have extensive experience with sourcing transactions.
We have proven processes and the expertise to keep the client in charge and improve management decision making.
We help with every step in the process:
- Ensure the right data and detail is collected
- Design and build a tailored requirements framework
- Construct the financial model – a window through which suppliers and peers will view the opportunity
- Set the performance parameters for on-going service delivery
Our services include evaluations, supplier workshops, request for proposal (RFP) development, due diligence,
negotiations, transition management, pricing and chargeback, and governance. Key to our approach at each of these
steps is our flexibility to work with and supplement our client’s selected team members and other third parties
(leading or following as required) – sharing knowledge and advice for the best interest of our clients.