Develop criteria that a supplier must meet to get the business
Identify potential world class suppliers
Strategy Development
How are we going to approach this negotiation?
Assemble request for proposal
Conduct brainstorming session(s)
Written Recommendations
Comparative analysis of current spend to “Best in Class” suppliers
Unbiased “pros and cons” of each supplier
Presentation of negotiated supplier agreement
Method of calculating the savings agreed upon
Recommendations agreed upon
Implementation
Ensure new pricing received
Assist with communications of new agreement
Attempt to control “leakage” in organization
Establish dates for review meetings
Continuous Involvement
Keep abreast of current market conditions for each expense category
Industry occurences that may benefit pricing
Renegotiation of contract if beneficial
For additional information, and the opportunity to schedule a meeting with a J. Andrew Associates Procurement Outsourcing Professional call (877) 364-2230 and ask for Jason Mass.
J. Andrew Associates, Inc. • 26502 Opal Hollow, Suite 100 • Cypress, TX 77433