thinkwgroup.com (610) 854-2700
10 reasons for using a sourcing advisor
Dec 03, 2014
Some of our clients considered or are considering running the sourcing strategy, financial modeling, RFP development, provider selection, contracting, and negotiation process for an IT or business process outsourcing project internally. WGroup’s point of view – the business case for using an experienced, strategy-based sourcing advisory firm can be very strong. Here are 10 considerations for you to think about.
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DRIVE SUCCESS IN A HIGHLY SPECIALIZED PROCESS
Doing sourcing right requires deep knowledge of financial analysis, risk management, IT and business operations, governance, market pricing, service provide capabilities and contract development.
thinkwgroup.com(610) 854-2700
UNDERSTAND THE SERVICE PROVIDERS
Gain a robust understanding of provider capabilities, reputation, pricing, strengths, delivery models, cultural compatibility, and references.
thinkwgroup.com(610) 854-2700
A strategy-based advisor will help you clearly articulate your required business outcomes to potential service providers.
thinkwgroup.com(610) 854-2700
ALIGN SOURCING STRATEGY TO BUSINESS STRATEGY
Service providers will bring their best team, best solutions, and best pricing when they know they have a fair chance to compete and are not boxed into procurement-structured templates.
ENSURE FAIR COMPETITION & ENCOURAGE INNOVATION FOR YOUR
BUSINESS
thinkwgroup.com(610) 854-2700
Capture the true cost of delivering services today to understand the total financial impact of different service delivery models.
DEVELOP COMPLETE FINANCIAL MODELING
thinkwgroup.com(610) 854-2700
Track, measure, and mitigate risk. Develop a strong governance framework for managing the relationship.
MITIGATE RISK
thinkwgroup.com(610) 854-2700
Align your sourcing engagement to innovation, transformation, and business value objectives, at the right price with the best-fit service provider.
VALUE
thinkwgroup.com(610) 854-2700
SIMPLIFY THE RFP LIFECYCLE
Turn what can be very labor intensive into a streamlined and efficient process from RFP development through response evaluation, selection, due diligence, and contracting.
thinkwgroup.com(610) 854-2700
Identify potential pricing issues, avoid underscoped services, and secure the right price at the best value.
thinkwgroup.com(610) 854-2700
EVALUATE PRICING AGAINST THE MARKET
Ensure utilization of best practices in MSA, SOW, and associated contract schedules using proven templates customized to unique client objectives.
Develop an agreement that is balanced, fair, and profitable for both client and provider.
EXECUTE BEST-PRACTICE
CONTRACTS
thinkwgroup.com(610) 854-2700
Featured Strategy Brief
Next Generation IT Outsourcing Strategy Brief
We have been keeping a close eye on how some of the recent technology trends are impacting IT outsourcing.
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From the Journal
Top Ten Reasons for Using a Sourcing Advisor
March 12th, 2013 Posted by WGroup
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Case Study
IT Infrastructure Outsourcing Financial Analysis
WGroup Helps Multinational Healthcare Services Company Examine Risks and Benefits of Outsourcing IT Infrastructure.
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WGroup’s Sourcing Advisory Services Include:
Sourcing Strategy Development RFP Lifecycle Management
Shared Services Strategy & Transformation Vendor Selection
IT Outsourcing (ITO) Advisory
Contract Development and Negotiation
Business Process Outsourcing (BPO) Advisory
Transition Planning and Management
First Time Projects and Contract Renewals Contract Analysis
Founded in 1995, WGroup is a boutique management consulting firm that provides Strategy, Management and Execution Services to optimize business performance, minimize cost and create value. Our consultants have years of experience both as industry executives and trusted advisors to help clients think through complicated and pressing challenges to drive their business forward.
SOURCING ADVISORY SERVICES
CONTACT USthinkwgroup.com/contact-us/ (610) 854-2700
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