CASE STUDY -SOURCING ASSESSMENT
For some clients it is unclear what if any services should be considered for sourcing. Where is the value? What is the risk? Is it consistent with business strategies? What precedent will it set? What are the HR considerations? Are there suppliers available or is the marketplace too immature? What services should be off limits? What about offshoring and nearshoring? What will the impact be on your current suppliers? How diverse is your portfolio of services?
ThinkSolutions Services: Our approach is to help the client assess the current business objectives and strategies (or help develop them if they are not in place), conduct a review of the current scope of services, combine this with a review of the marketplace, identify potential "quick hits" for immediate implementation regardless of the assessment, and produce an executable report showing alternative strategies which may or may not lead to sourcing or internal transformation.
CASE STUDY - SOURCING ADVISORY SERVICES
If a client decides to embark on a sourcing evaluation and potential transaction there can be immediate questions that come to mind. How do we start? How long will it take? What process should we follow? What suppliers should we invite to participate and how many? What are the risks? What services should we include in scope? What data do we need to gather? What about services levels? What are the key terms and conditions? Should I use external legal counsel? Can I leverage some templates or do I have to create these documents? How long should the contract be? What are the risks and how do I mitigate them? What should we look at for offshoring? What about a base case and evaluation model? How will I manage this? How do I communicate about this to stakeholders?
ThinkSolutions Services: Our advisors have extensive experience with sourcing transactions. We have a proven process and expertise to put you in control of the process and improve management decision making. We can help every step of the way or help your team through the process at key points. We can help you collect the appropriate data, produce the base case, request for information or proposal. We can assist with the evaluation of the proposals as well. We have negotiations experience and can lead the discussions or assist your team, the amount of assistance is up to you. We can also help with transition planning and governance organization design.