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 take center stage. In fact, this phase
of purchasing is one of the greatest liabilities facing today’s IT purchasing teams.
There’s no clear way to determine if your vendor of choice is proposing a fair price for your
terms and conditions. Ensuring fair market value requires up-to-the-minute visibility into pricing
and transaction data – no small feat for today’s overworked and understaffed IT organizations.
Introducing NPI Advise™. Drawing from our 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. NPI’s team of IT purchasing experts are on hand to review vendor agreements
and coach you through vendor negotiations on all of your technology purchases. NPI Advise also
offers strategic value-add services to optimize your purchasing process. Services include:
- Fair Market Evaluation: NPI’s spend management experts make sure every
dollar you spend on IT is inline with current market pricing. Our experts review each and every
purchase you submit for comparison against fair market values.
- Vendor Negotiation Coaching: NPI acts as your coach and industry insider
as you negotiate vendor agreements. Our team of experts negotiate hundreds of technology 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 spend management strategy to deliver the highest
level of savings, while clearly identifying what areas of improvement will yield the greatest
spend reductions.
- Purchasing Process Optimization: NPI’s technology purchasing experts work
with you to define and implement clear processes for procurement, 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 evaluation eliminates redundancies
and ensures your IT portfolio is inline with your 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 vendor 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.