Award winning benchmarking, sourcing and transformation
advisory firm, Alsbridge, Inc., today released a report Secrets of
Enduring Sourcing Relationships: Transformation 101, part 1 of a
2 part series that throws light on such transformational components that help
organizations establish a solid foundation for an enduring sourcing
relationship.
Organizations
contemplating outsourcing, transition to a new supplier or an insourcing
scenario will be required to execute a sourcing transformation program which
requires every organization to address the following six transformational areas
included in both Part I and Part II of this series.
Sourcing
Transformation Best Practice components
·
Transition Management
·
Communications management
·
Organization Design
·
Vendor management
·
Operational Alignment
· Service management
This white paper
focusses on answering questions related to the first three components that
begin to establish a solid foundation for an enduring relationship. The
following questions and corresponding guidance leverage sourcing transformation
best practices that Alsbridge has
learned and refined from helping clients to sustain the strength, endurance and
quality of their sourcing relationships.
Transition Management
What should our plan to transition and transform functions, knowledge, tools, projects and processes to and with our new supplier look like?
Change Management and Communications Management
How do we prepare our people for the change and the opportunity it represents? When and how do we communicate what the changes mean for our company, organization and for individual team members?
Retained Organization Design
What resources should we retain for non-sourced functions? How should the organization be structured? How do we select and prepare its members for changing roles?
Whether an
organization seeks the assistance of an experienced third party sourcing
advisor, or decides to ‘DIY’ (do it yourself), the preparation described in
this whitepaper needs to be done, and done thoroughly, to reduce transition
risk and lead to successful sourcing relationships. The approach outlined
above and in Part II of this series will significantly improve the probability
of accomplishing an organization’s sourcing-related business outcomes.
In order to
access further details on the above sourcing transformation areas and
corresponding guidance to the questions, download the complete white paper Secrets of Enduring Sourcing Relationships: Transformation 101
About Alsbridge Inc.
Alsbridge
provides world class sourcing advisory and benchmarking services for the CIO,
CFO and CPO. We’ve helped hundreds of companies reduce costs and get
more value from their vendors. Our experienced consultants leverage
proprietary tools and information databases to identify and engage the optimal
vendors for your situation, negotiate best practice terms at fair market
prices, and improve the way you work with your vendors. Alsbridge
clients utilize the most cost effective and value added sources globally for IT
infrastructure services, hardware and maintenance, network services, software
and maintenance, application support and development, business processes and
cloud services. Alsbridge was ranked the #1 outsourcing advisor in the world by
the International Association of Outsourcing Professionals (IAOP) based on the
value delivered to clients. This commitment to delivering value to
our clients has made Alsbridge a distinguished member of the 2010 Inc. 500
fastest growing privately held companies in America.
