Sourcing Transaction Services
Sourcing Board's advisors have extensive experience with sourcing transactions.
We have proven processes and the expertise to keep the client in charge and improve management decision making.
We help with every step in the process by:
- Ensuring the right data and detail is collected
- Designing and building a tailored requirements framework
- Constructing the financial model – a window through which suppliers and peers will view the opportunity
- Setting the performance parameters for on-going service delivery
Our services include: evaluations, supplier workshops, request for proposal (RFP) development, due diligence,
negotiations, transition management, pricing and chargeback, and governance. Key to our approach is our flexibility
to work with, and supplement, our client's team members and other third parties. We openly share knowledge and
advice that’s in the best interest of our clients.
Sourcing Transaction Drivers
When a client decides to pursue a sourcing evaluation and potential transaction, the focus of
the questions change to:
- How do we start and how long will it take?
- Is there a process to follow?
- Are some process elements optional?
- How many suppliers should we invite?
- Is there one supplier we have a relationship with that can perform these services without a competitive process?
- What services should we put in scope?
- Do we combine services into a single RFP or have multiple RFPs?
- What data do we need to gather?
- What about service levels (SLA’s), legal counsel, funding sources, chargeback, and risks?
These are some of the questions that help our clients understand the process, the services,
and enable our advisors to scope the appropriate transaction for a client.