Methodology

Level 5™ in Action: The Analysis Phase

Objective: To conduct a procurement analysis that captures a holistic view of your IT, telecom and transportation supplier management and cost control strategy, as well as your budget and investments in these areas, then compare them to averages from peer organizations.

Methodology Snapshot:

  • Inventory current vendors and agreements with a focus on pricing, terms and conditions

  • Full audit of vendor invoices

  • Segment and analyze sub-categories of spend in technology (e.g. applications, telecom, etc.) and transportation (e.g. ground, air, international, etc.)

  • In-depth price benchmarking and analysis of product/service level discounts and pricing terms and conditions

  • Competitive analysis of lower cost providers, third-party options and market segment landscape

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