5. We deliver results through our integrated process Develop Plan Collect Data Model Analyze Recommend Refine scope Select project lead Define data required Set schedule Develop project plan Assign resources ID tasks ID responsibilities Set schedule Provide budget and actual expenses Descriptions of activities Org & staffing info Support data collection Conduct interviews Compile and evaluate information, data and documents received Modeling Establish financial base case Create analysis views Review results Provide feedback Provide comparison feedback vs. external pricing Analyze existing costs Validate model results Review analysis Validate Assess need for more info Analyze and assess gaps to create a practable VMO maturation roadmap Review recommendations Make decisions on improvement opportunities Recommend insourcing improvements & business process out- sourcing opportunities Examples: Process Tools Negotiations tactics Gaps to best practices Knowledge Transfer Communications Review commodity strategy recommendations and validate savings opportunities Provide supporting data Provide supporting data Clarify data Ensure data collection tasks are on target Identify gaps to best practices: systems, tools, process, and people CIO / CPO VPs The W Group Project Lead Business Finance Directors/Managers Technical Resources HR Support strategic Value discovery process Review analysis Provide additional Data as required Where Appropriate: Review HR allocation methods and assumptions Verify Costs are complete and accurate
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9. Vendor Management organizations drive bottom line results while reducing risks to your business If you are ready to explore your bottom line opportunities, call The W Group… Harry Wallaesa President and CEO (610) 213-4701 hwallaesa @thinkwgroup.com