- Reduce existing costs
- Reduce risk
- Reduce downtime
- Create new revenue opportunities
- Establish strategic positioning
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We work closely with you to reformulate vendor relationships by maximizing these necessities to proactively mitigate risk and protect your business interests.
By redefining how to position the vendor relationships in a more collaborative fashion, we can help you simultaneously improve levels of service and reduce costs that future-proof your business.
This process is completed through the following engagements.
- Share the vendor stewardship vision with the leaders of the engaged work group(s).
- Validate and agree on expected outcomes to ensure final SOW completeness.
- Identify documentation and other support needed.
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- Convert key vendors into partnerships of value, if not mutual-stewardship relationships.
- Establish the scope of work (SOW), including identifying which work groups in the business need to be engaged.
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- Create risk mitigation strategies for upcoming vendor contract(s)
- Provide guidance on vendor streamlining
- Negotiate vendor-contracts relative to price, performance, commitment levels
- Identify opportunities for gaining valuable business partners in the current vendor space
- Optimize new and existing contracts in support of the organization’s CAPEX and OPEX preferences
- Manage systematic/retainer-based or project-based contracts specific to recurring activities, such as evergreen-language monitoring and SLA adherence documentation
- Review of all existing vendor contracts to assess opportunities and risks relative to cost reduction, risk mitigation and technology migration
- Provide project management
- Draft SLAs and/or SLOs
- Create, distribute and manage requests for proposals (RFP) within cyber security, IT management and telecommunications, including internet access
- Out-task sourcing positions in collaboration with existing procurement resources as needed on a project or retainer basis
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Our focus is technology-centric, and includes IT services, cyber security, telecommunications, internet access and software deployments.
- Leverage spend strategies
- Rightsize vendors for service delivery prioritization
- Reduce internal costs associated with vendors
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- Mitigate risks
- Achieve optimal terms
- Optimize costs
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- Ensuring SOWs, SLAs, other key-performance metric documentation, and tracking mechanisms meet requirements.
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- Guidance in creating your own contracts for your clients
- Guidance in the contract you’re about to sign
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- Drafting the RFP around your requirements
- Releasing to the vendor space and managing the feedback loop and response delivery
- Providing the recommendation
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