Procurement News

Using strategic sourcing

In these uncertain times, increasing focus is being put on reducing cost whilst increasing efficiency and performance. For many organisations, these targets lead a path to the IT Team and strategic sourcing.

 

Can environments be changed to more agile & cost-effective solutions such as Cloud? Is there third party risk to be managed around software assets? What do applications do and what happens if they’re switched off? This is what we call the spaghetti and untangling it with a sound procurement strategy will reduce overall cost!

To cut through the confusion and bring clarity and life to the opportunities, we work with IT Architects, Application teams, Product Owners, Procurement teams and anyone else who has responsibility for third party arrangements, to help make sense of the current landscape. This evaluation focuses on the applications, the suppliers, the spend, the short, long- and medium-term commercial strategies, plus any barriers to change that exist. It is imperative that both technical and commercial teams are engaged to achieve internal alignment and deliver success.

Once the 360-degree data has been collected, we use our expertise and experience to determine the scenarios that are available. These may be radical and require investment and resourcing for a long-term gain, or could be relatively simple quick, short term changes to deliver commercial and/or efficiency benefits.

Finally, we regroup to present our findings to you, the customer, and discuss the optimal way forward, considering the organisation’s overall strategy. The outcome provides focus and clarity on what is required to achieve the end goal.

Aster work with clients on both short-term and long-term arrangements, flexing to meet what is needed to deliver the end goal. This approach ensures you get the support you need when you need it. Why not get in touch to see how we can help your organisation?

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