Technology Procurement

Sometimes a client will transition the people who perform their technology procurement function to a supplier. Outsourcing Management Services will, at a client's request, provide technology procurement services to procure technology assets that are not under the scope of the outsourcing agreement. Under many circumstances, it is not necessary to maintain dedicated resources to perform this function. Outsourcing procurement functions will ensure technology procurement is performed in a timely and cost-effective manner.

Some of the technology procurement activities that we perform, include:

• Reviewing existing contracts to determine renewal dates at terms
• Building and maintaining comprehensive and centralized filing of all technology contracts (electronically, or by client's internal method)
• Obtaining competitive pricing for technology assets
  Developing a project plan to ensure appropriate lead-time for renewing or replacing assets (leased or purchased)
• Ensuring client's standard contract terms are applied
  Negotiating contracts with technology suppliers, ensuring favorable terms, both when leasing or purchasing an asset.

Technology procurement is a highly-specialized function that requires skills that Outsourcing Management Services can provide. Our specialists are typically experienced with procuring technology assets for outsourcing companies, and will attempt ensure contract terms that will not limit a client's flexibility for transferring those assets due to outsourcing, acquisition, etc.

Procurement SLA

Outsourcing Management Services will establish service levels for the technology procurement service. These service levels will include financial performance credits if not performed per the agreement. Examples include:

• Development of project plan within an agreed timeframe showing all lease terminations and a renegotiation (or replacement) plan
• Ensuring completion of contract renegotiations prior to technology lease expirations.

Key Benefits

• Specialized technology procurement sourcing expertise
  Ensures favorable contract terms for technology leases and purchases
• Ensures "best pricing" for technology

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