CURRENT STATE ASSESSMENT
Provide a clear picture of your current state by analyzing and synthesizing spend, pricing, supplier portfolio, contracts, current sourcing program, and performance metrics
APPROACH
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Customized data request
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Stakeholder interviews to gather data, requirements, and existing metrics
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Process: review current sourcing activities, supplier portfolio, contracts, policies, procedures, internal resources, and software
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Spend: transaction level spend aggregation, categorization, and analysis
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Contracts and pricing: full assessment of contract terms, conditions, and pricing for scope spend
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Evaluate contracts using a 102-point checklist
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Validate and benchmark pricing
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Specification review
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SAMPLE DELIVERABLES
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Written current state assessment and process map
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Category spend profile
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Price benchmark summary
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Supplier and contract database associated with scope spend
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Identified high volume and high risk suppliers that need new or renegotiated contracts
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Summary of current performance metrics and service level requirements