Sourcing Strategy & Vendor Management
Many organisations form vendor relationships and enter into agreements without clear outcomes and a vision of what they want to achieve. This may be okay at the start but can lead to a disconnect between buyer and supplier, with the buyer not valuing the service being received and the supplier rarely meeting expectations. We can help to make sure that this isn’t the case.
Why is Vendor Management good practice important?
Effectively managed outsourced agreements play a key role in an IT eco-system and contribute to business success. Organisations need a clear sourcing strategy and strong vendor management good practices in place to ensure that suppliers and agreements continue to deliver value. Investing in developing the right capabilities will give your organisation numerous benefits, not least controlled costs, clear outcomes, faster speed-to-market, the ability to innovate, and on-going technology enabled business benefits.
How can iCore help you?
- Define a clear sourcing strategy for your organisation, from RFP stage to selection and on-boarding, detailing requirements for each supplier and how they combine to form an overall eco-system
- Work with you to create an agreement framework, allowing you to source the right suppliers for your organisation and business needs
- Create and embed an appropriate governance framework and management processes to ensure maximum value is being delivered
- Undertake key leadership and transformation roles to ensure your objectives and improved ways of working are achieved