NPI Vendor Cost Reduction - Contract Management Best Practices, Corporate Purchasing, Information Technology Audit
Technology

NPI Advise™ - Reducing IT Spend at the Last Mile of Purchasing

The technology purchasing process is unusually complex, especially the "last mile" of procurement where pricing, terms and vendor negotiations present an opportunity for IT cost reductions or gains. For many companies, negotiating an Oracle contract or purchasing an SAP product can be a million-dollar shot in the dark. Making sure you pay a fair price for the right terms requires up-to-the-minute visibility into pricing and transaction data.

Introducing NPI Advise™ - a fast, simple way to integrate powerful IT cost management best practices into the last mile of IT purchasing. Backed by years of proven spend management consulting services and deep expertise, NPI introduces a low cost, retainer-based purchasing and vendor management advisory service that ensures you receive fair market pricing for every technology purchase. Our team of IT purchasing experts is on hand to review vendor agreements and coach you through vendor negotiations on all of your technology purchases. Our services include:

  • Fair Market Evaluation: NPI's IT spend management experts make sure every dollar you spend on IT is in line with current market pricing through our IT price benchmarking. Our experts review each and every purchase you submit for comparison against fair market values, driving IT cost reduction across your enterprise.


  • Vendor Negotiation Coaching: NPI acts as your coach and industry insider as you're negotiating IT vendor purchases. Our team negotiates hundreds of agreements a month, which means you have access to up to the minute pricing data and best practices.


  • Spend Tracking: NPI tracks and measures your spend and savings on a monthly and annual basis. This allows you to tweak your IT cost management strategy to deliver the highest level of savings, while clearly identifying what areas of improvement will yield the greatest IT cost reductions.


  • Purchasing Process Optimization: NPI's IT purchasing experts work with you to define and implement clear IT cost cutting strategies in the corporate purchasing process, including competitive bidding best practices, vendor communications and approval procedures.


  • Vendor Portfolio Evaluation: NPI works with you to segment suppliers based on their strategic versus commoditized value. This ongoing information technology audit eliminates redundancies and ensures your IT portfolio is in line with business demands.


  • Vendor Management: Combining NPI's best practices for vendor management with a solid understanding of your technology and business goals, NPI's advisory team helps you develop key goals and metrics for strategic IT cost management.


  • Savings Roadmap Development: Because your business objectives and IT portfolio are unique, NPI defines a customized savings "roadmap" for your business. This "roadmap" maximizes budget dollars by spend category and identifies cost saving opportunities, IT cost cutting strategies and contract management best practices.


Ready to reduce your technology overspending? Click here to discuss a savings evaluation.

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