TECHNOLOGY PROCUREMENT CORPORATION

PROCUREMENT / SOURCING PROCESS

Establish The Team

  • Business Units
  • Information Technology
  • Procurement / Strategic Sourcing
  • Vendor Management
  • Legal

Develop Team Relationships & Dynamics

  • Develop a Common Strategy
  • Align Internal Resources
  • Achieve Stakeholder "Buy In"
  • Estabilish Reporting and Communication  Plans

Develop The Action Plan

  • Assign Roles, Responsibilities and Actions

Define The Requirements

  • Utilize the Team's Expertise to Develop the Requirements

Examine The Commercial Market

  • Research the Availability of Potential Vendors

Select The Appropriate Products And Services

  • Develop the Selection Criteria
  • Request and Evaluate Proposals
  • Select Vendor/s

Develop And Negotiate The Contract

  • Develop the Appropriate Contract
  • Develop the Negotiation Plan
  • Conduct Negotiations
  • Execute the Contract

Project Management

  • Manage Scope, Schedule & Budget
  • Manage Quality Assurance Issues
  • Administer the Contract
  • Manage the Vendor/s
  • Manage the Change Process
  • Manage Internal Relationships and Communications

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