Vendor Management

Services — Consulting

LiveBean Vendor Management Solution helps organisation build an efficient and effective

Vendor Management Organisation. LiveBean robust framework ensure that every element

of vendor management is systematically designed and implemented so that all

stakeholders i.e. Clients, Customers and Vendor draw the most from outsourcing initiative.

 

 

Vendor Management Framework:

What does it cover?

 

Strategic: Business Planning and Review approach

 

People: Knowledge, Minimum skills and Training requirements

 

SLA and Contract Process: Requirement Definition, RFX, Vendor Selection and Contract Management, Migration Methodology and Contract Termination

 

Vendor Process Management: Forecasting, Staffing and Scheduling, Real time Management, IVR Management, Transaction Monitoring, Training and Skills Verification, Service Interruption Management, Performance Review , Compliance Management, Payment Process, Performance Review Process.

 

VMO Process: Process Control, Process Improvement, Data Integrity, Data Security, End User Privacy, Managing Key Vendors

 

VMO Performance: Customer Satisfaction , Client Satisfaction , Vendor Satisfaction and KPI Performance

 

How does it work?

 

Discover: We begin with understanding the As-Is state of your vendor management organization. If your requirement is to set up a Greenfield VMO we understand the key business objectives for setting up VMO. On completion of Discover phase we will share with you management readout and a detailed report listing our observations.

 

Design: In this phase we design all processes needed for a world class Vendor Management Organization. Design phase takes output of discover phase to ensure that the solution designed incorporates the current situation of your vendor management organization.

 

Deploy: Upon completion of Design phase we work with your organization to pilot the vendor management solutions. The pilot is done on a select group of vendors before its across vendor deployment.

 

Evaluate: After deployment of systems and processes of VMO we, with your leadership team, review the VMO set up vis-à-vis the planned objectives.

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