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Sourcing & Transition

Refractis helps clients with strategic sourcing, transformational procurement, supplier transitions, and contract management.

Overview

Sourcing & Transition at Refractis

Too many sourcing deals fail to deliver what was promised. Suppliers over-promise. Buyers underestimate what an incoming supplier has to take on. A procurement process built for buying commodities strains under a complex transformation deal, and tight deadlines lead to contracts signed on a promise to work out the detail later. The problems take time to appear, and by then they are hard to fix without straining the relationship.

Even a strong supplier on a well-built contract is not enough on its own. The real work starts once the contract is signed. Regret sets in quickly if the bid team is replaced by a weaker delivery team, and a supplier chosen for its ability to run a service may struggle to set it up or take it over from someone else.

How we work

We have no ties to any supplier and have worked with many, so our view of the market is independent and grounded in experience. We work alongside your team to set clear objectives, decide how to approach the market and build a value case people can test. We design and run the tender, work with your lawyers on the contract and prepare your people for the new service. Then we plan the transition with realistic dependencies, because that is where many deals go wrong.

For a global insurance broker, we took two service towers from first RFP to preferred supplier in under four months, then led the transition into service. Read the case study

What we do

How we help with Sourcing & Transition

Sourcing strategy

Decide what to source, how to approach the market and what good value looks like.

Tender and selection

Design and run the tender, from requirements and scoring to a negotiated contract.

Transition into service

Hold the supplier to what it promised in the bid, with a realistic plan into live service.

Supplier management

Governance and commercial challenge, so the service delivers what the contract promised.

Our thinking

Sourcing & Transition Angles

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