PROCUREMENT / TECHNOLOGY SOURCING PROCESS

ESTABLISH THE TEAM

Business Units

Information Technology

Procurement / Strategic Sourcing

Vendor Management

Legal

DEVELOP TEAM RELATIONSHIPS AND DYNAMICS

Develop a Common Strategy

Align Internal Resources

Achieve Stakeholder "Buy In"

Establish 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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