Transformation Management Office
Sourcing Management
Recommended especially when following demands appear:
- To increase level of cost saving
- To source more effectively
- To opitimize suppliers base
Framework
DEFINE SOURCING OBJECTIVES
- Define tender criteria
- Define sourcing approach
- Develop supplier evaluation score card
ALIGN WITH STAKEHOLDERS
- Align contractual and business agreements
- Build communication workflow
BENCHMARK ANALYSIS
- Identify existing and potential supplier
SUPPLIER SCREENING
- Execute RFx document
- Brief invited suppliers
- Evaluate responses
NEGOTIATE & ONBOARD
- Conduct negotiations and award contract
- Estabilish contract and on-board supplier
- Develop communication plan, change management plan
DEPLOY & MONITOR
- Implement savings and compliance tracking
- Monitor deployed changes and support common improvement initiatives
- Secure critical contract amendments
Benefits
MARKET EXPERTISE
Independent sourcing guidance with practical expertise and best in class sourcing techniques
TRANSPARENCY
Clear communication and full visibility at each stage of selection process
EFFICIENCY
Increased RFx process efficiency achieved by standardized sourcing process
COST OPTIMIZATION
Generated cost savings via smooth and aligned best sourcing practices
CONTRACT COMPLIANCE
Ensured contractual compliance in terms of legal and regulatory requirements
AGILITY
AGILITY Market led by RFX technologies reducing sourcing cycle time
Work out
new solutions
Deliverables
SUPPLIER ASSESSMENT
Evaluated supplier portfolios in terms of requirements fullfilment
PROCESS REPOSITORY
Maintained transparent and structured model of sourcing process documentation
COMMUNICATION MODEL
Designed effective communication model among all stakeholders & suppliers
SUPPLY MARKET ANALYSIS
Market research across existing and potential new global/local suppliers
TRANSPARENT MEASUREMENTS
Calculation methodology and savings tracking tools
