Offerings
Spend Diagnostic
Understand the current state of the business by:
- Analyzing historic spend data
- Categorizing by vendor, business unit, spend category
- Reviewing supplier diversity statistics
- Developing a strategic sourcing roadmap and benefit targets
Strategic Sourcing
Proven 5-step process to minimize costs and maximize vendor
performance
- Analyze current state
- Develop Business Case
- Select Suppliers (RFx, Consolidation, Optimization)
- Negotiate Pricing, Terms, and Service Levels
- Implement and Monitor
Vendor Management
Crucial aspect of the procurement strategy to ensure that vendor partners maximize value. Four key components:
- Vendor Onboarding
- Service Level and Key Performance Indicator Monitoring
- Communication Cadence
- Vendor Risk Management
Policy Design
Customize a procurement, vendor management, strategic sourcing, and/or supplier risk management policy that improves margins by reducing risk, non-compliant spend, and minimizes costs while maximizing value
Contract Management
Automate contracting process by utilizing technology to create new agreements and search for existing agreements. Minimize risks by receiving automated notifications for key dates