New Supplier Relationship – Procurement Readiness Assessment: Assurance Review
What we deliver
Assurance you are ready to procure a fit-for-purpose solution. With our experience of optimising the procurement and service/solution delivery of over 500 complex relationships, you will be assured of being ready to go out to market to safely procure a fit for purpose service/solution from a supplier with the right cultural fit.
How you will benefit
Safe acceleration. It assures an informed approach as to how to accelerate the procurement of the partner selection process, safely, knowing you are more likely to select a fit for purpose service solution.
Reduced risk pricing. Prospective suppliers will be comforted by your mature client approach to supplier engagement, often reducing their risk pricing by a significant margin in the process.
Key contents of the Procurement Readiness Assessment Assurance Review
How clear are your expected outcomes to potential suppliers?
We review your expected outcomes to ensure they are clear and well defined. This minimises client and supplier misunderstandings before you start the procurement process and helps the supplier provide better advice.
Your organisational and stakeholder readiness for the change
We look at your organisation’s readiness for change, motivation to improve, team infrastructure and leadership support to identify what is already good and where further support is required.
How clearly your solution requirements align to business outcomes
We assess the service/solution requirements, their alignment to the expected business outcomes and contractual suitability.
How the procurement/contract principles will assure fitness for purpose
We identify that all of the right contractual and procurement principles are in place to ensure suppliers provide the right advice and service solution.
Lessons learned from your own past procurements
We’ll help you identify where your organisation already has great skills and capability to procure a fit for purpose solution and a supplier with the right cultural fit.
Has early market engagement feedback informed your expectations?
We review the feedback from the supplier early market engagement. This determines the likelihood of your expectations being achieved within budget, time and resourcing.
How existing procurement governance will safely accelerate the process
We identify the governance ‘hygiene factors’ (a) What is already good, (b) whether to improve, (c) What ‘good’ looks like, and (d) the degree of alignment to the business outcomes.
Workshop output: What is already good? Improvements to add value?
The output is designed to provide key principles and indicators of ‘what good looks like’ to assure success, compares where you currently are and whether any improvements would improve value.
Procurement Readiness Assessment: Assurance Review is only one element of the BPG ‘Optimise’ method
Evidenced by over 500 complex relationships, it can be implemented quickly to improve service innovation and drive down BAU costs
Share Great Practice
Experience of over 500 complex supplier relationships, means we can share great practice with you that really works.
Drive maximum value
Relationship Review helps support the 10 key behaviours that drive maximum value in complex supplier relationships.
A brilliant project outcome
This is part of the ‘Optimise’ process; a proven method assuring a brilliant project outcome and an excellent supplier relationship.
5 steps to a great new relationship
See the 5 steps to making sure new complex supplier relationships work really well.
Clients that we support
Most of our clients are already highly experienced in complex supplier relationships. Click here to see how we help them take complex supplier relationships to the next level.