Sourcing Strategy

We focus on understanding our clients' sourcing goals and building strong partnerships with them. We use advanced data-driven methods in procurement and supply chain management to evaluate the market and identify reliable service providers that meet our clients' criteria for quality, pricing and timely delivery.

This approach ensures uninterrupted service and customer satisfaction. Our specialisation lies in developing comprehensive IT sourcing strategies, covering the entire process from information requests to supplier on-boarding and exit strategies. We gather meticulous data to tailor the optimal sourcing strategy for each client, including identifying necessary items or services and determining suitable sources. We also excel in creating clear delivery plans, timelines and business plans to outline potential benefits and facilitate early investment. With our experience, we have successfully collaborated with clients on various strategic sourcing initiatives, including service outsourcing, insourcing, service transition, exit strategies and mergers and acquisitions.

  • Business Requirements

    We collaborate closely with you to gain a deep understanding of your specific needs. By asking the appropriate questions and utilising cutting-edge data-driven strategies in procurement and supply chain management, we strive to create an approach that successfully meets your requirements from the start. It is crucial to get it right, as the repercussions of mistakes can be expensive. Our aim is to develop a target operating model that aligns with your business vision and supports its growth.

  • Supplier Market Assessment

    Our collaborative approach involves understanding your unique requirements and identifying suppliers that align with both your needs and organisational culture. We develop a comprehensive buying strategy for procuring goods and services from the marketplace. This entails evaluating and analysing supply-demand trends to gain insights into the competitive landscape among suppliers. Additionally, we assess pricing trends relevant to the goods and services during this phase.

  • Supplier Qualification and Selection

    Our expertise lies in navigating complex tender processes for products and services. We collaborate with you to streamline the selection process and keep your focus on objectives and end goals. By assessing the marketplace, we identify suitable service providers that meet your requirements for quality, pricing and timely delivery. This ensures consistent service delivery and customer satisfaction, following a formal and unbiased approach that maximises value while minimising supplier risk.

  • Bid, Tender Evaluation and Validation

    We offer a thorough evaluation of bid offers, meticulously assessing each proposal against the criteria outlined in the invitation to tender or quote document. Our aim is to identify the most economically advantageous proposal based on the specified criteria.

  • Contract Award and Implementation

    With our expertise in contract drafting, we work alongside legal professionals to create comprehensive service schedules and other essential contract components. Our focus is on aligning business requirements with contracts that cater to your specific needs and operational outcomes. This includes defining suitable SLAs, KPIs, service credits and contractual obligations to minimise risks, all while striving for the most competitive pricing.

  • Supplier Onboarding

    Our expertise lies in working alongside your existing supplier management and procurement teams to ensure a smooth on-boarding process for incoming suppliers. We collaborate to formulate and share a comprehensive plan that mitigates risks to service. By assessing, planning and preparing for the transition, we ensure that the incoming supplier brings the necessary tools, framework and experienced individuals. Our structured approach ensures a seamless on-boarding experience.

  • Supplier Management

    We specialise in helping your teams understand the importance of developing stronger and more collaborative relationships with key suppliers. These relationships bring forth numerous benefits such as enhanced service quality, compliance, innovation and a competitive edge. By carefully assessing the strengths and capabilities of your suppliers, we align their abilities with your business strategy, enabling coordinated planning and execution throughout the entire relationship lifecycle. Our approach includes effective risk management and Environmental, Social and Governance (ESG) techniques, ensuring that partnerships can flourish and maintain a strategic focus. Moreover, we provide comprehensive contract negotiation services that align your business requirements with contractual agreements, resulting in significant cost savings and improved service levels.

  • Third Party Risk Management (TPRM)

    We recognise the critical importance of Third Party Risk Management (TPRM) in today's interconnected business landscape, where organisations increasingly rely on external partners for innovation and growth. TPRM involves evaluating and mitigating risks introduced by vendors, suppliers, third parties, or business partners throughout the partnership lifecycle. By conducting thorough on-boarding assessments and categorising vendors based on risk levels, we ensure comprehensive risk mitigation measures are in place both before establishing a business relationship. This structured approach not only protects organisations from potential regulatory fines resulting from non-compliance with GDPR and other regulations but also shields them from reputational damage and revenue loss due to cyber-attacks and operational disruptions. Through effective risk management practices, we enable organisations to manage the complexities of third-party relationships with confidence, safeguarding their operations and reputation in an ever-evolving business landscape.

  • Service Transition, Exit, Mergers and Acquisitions

    Undertaking these tasks can be challenging, but our consultancy team is here to support you throughout the process. We collaborate closely with your business and engage key stakeholders to establish and develop an exit strategy within the existing agreement. Our focus is on defining objectives, deliverables, timelines and risk management to facilitate a seamless transition. Our true expertise shines when we take a proactive approach in working with our clients and their strategic partners who offer critical services. We ensure Business Continuity Planning (BCP), Disaster Recovery (DR) and Exit compliance, guaranteeing preparedness and instilling confidence in our clients. With us, they can be confident in their readiness to tackle any potential scenario.