Vendor Management Powerpoint Presentation Slides
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The document outlines a comprehensive vendor management strategy, including steps for determining company requirements, selecting vendors, and establishing an operating model. It highlights the importance of cost reduction and performance tracking, providing templates for requests for proposals and vendor evaluation metrics. Additionally, it discusses the selection process timeline and the significance of effective negotiation and strategic planning.
Vendor Management Powerpoint Presentation Slides
- 2. CONTENT 2 Determine Company’s Requirements Search Appropriate Vendors Selection of Vendor Operating Model 30-60-90 Plan Negotiation Strategic Planning Vendors Evaluation Matrix Selection process for Vendors Vendors Selection Timeline Vendor Rating Scorecard Vendors Classification Request for Proposals
- 3. Determine Company’s Requirements 3 With increased visibility invisible costs also increases. Company needs a solution that helps in reducing costs and increasing profit margins Ability to easily track and measure the performance effectively in order to ensure smooth flow of operations Add your company specific text here Need for a program that can provide ways to improve the operations which can help in protecting as well as improving the brand name Reduce Costs Optimize Performance Increase Administrative Efficiencies Brand Protection The slide explains the process flow undertaken for service level management; it has various operating under it
- 4. Platforms for searching appropriate vendors Try Searching for vendors on Google Check Major B2B Marketplaces Join Industry Groups, Forums, and Other Professional Networks Attend a Trade Show Subscribe to All of Your Industry's Trade Publications Search Appropriate Vendors 4
- 5. Vendors Classification › Customer- Facing Vendors or Vendors Handling Sensitive Customer Data › High Volume / Spend › High Switching Costs › Limited Alternative Vendors › Text Here Tier 1 Vendors Annual Volume of Spend Strategic Importance of Service › Commoditized Services › Many Qualified Vendors › Occasionally used Services Tier 3 Vendors › Large but Selectively used Vendors › Transactional Vendors that Deliver Profitability & Volume › Switching Costs are not too High › Text Here Tier 2 Vendors Less More Low High 5 Vendors can be classified based on services they offer, and the amount company needs to spend on them. Basis this classification company can decide on the type of vendor they require This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 6. Request for Vendor Proposal Overview of Company and Vendors Needed Enter Information Here Type(s) of Vendors Needed › List Vendor Types Here › Text Here › Text Here › Text Here › Text Here › Text Here Requirements Service Requirements Include Description of Project or Problem to be Solved. Include how Expectations & Relationship will be Managed. Who will Provide X Type of Equipment, Resources, etc. Quality/review Requirements Include as much Information about Performance Expectations, etc. Non- Disclosure Both Parties agree to Basic NDA Principles for the Duration of the RFP Process. Special Requirements For Government, List Governing/Accrediting Bodies (if applicable), Special Compliance Needs (for HIPA, etc.) & any other Legally Binding Entities or Agreements Specific to this Project or Company. Time Frame Include Kickoff Time for Project, Final Deliverable Date, & (if Needed) any Milestones in between. Pricing/Payment Spell out how the Vendor should Present Price Proposal – by hour, by fixed price, etc. Is there a not-to-exceed Ceiling? How to Submit Include Specific Skills & Capabilities of the Vendor Company that Relate to the Project, as well as Relevant Experience, Testimonials, etc. 6 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 7. Selection of Vendor Operating Model Operating Models Key Features Pros Associated Risk Decentralized ▪ Loose confederation of vendor management teams ▪ Add text here ▪ Provides greater flexibility for LOBs ▪ Add text here ▪ Misaligned objectives ▪ Lost opportunities & lack of enterprise wide adherence to best practices Centralized ▪ Resources consolidated in a specific location ▪ LOBs responsible for strategy & execution ▪ Clear decision-making authority & responsibility ▪ Creates more predictable outcomes ▪ Insufficient LOB-related knowledge in centralized team ▪ Add text here Center-Led ▪ This team develops strategy, frameworks, policies & procedures that are applied & customized by LOBs ▪ Day-to-day management remains a LOB responsibility ▪ Minimizes duplication of effort ▪ Potential for inconsistent interpretation & application among various LOBs ▪ Add text here 7 Basis the features, advantages & risk mentioned below, select the operating model which best suits your firm This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 8. Selection Process for Vendors 05 04 03 02 01 Create a team of experts from relevant departments Assemble Team Select vendors for demos based on inputs from the team members Demos Discuss & prepare for negotiation Award Contract Review and evaluate the submitted proposals Review Proposals Based on the demo and the RFP evaluation make the final choice Final Evaluation 8 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 9. Vendors Selection Timeline Vendor Initial Preparation Evaluation Discovery Selection › Select committees › Carry out Scoping › Specify reasons for selection › Add text here › Establish Process › Draft RFP › Define Vendors list › Add text here › Establish Contact › Communicate › Share RFP › Add text here › Review › Choose final list › Add text here › Pricing › Site Visits › Add text here 2.5 weeks 3 weeks 2 weeks 4 weeks 2 weeks 9 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 10. 30-60-90 Plan 30 Days › Carry out Scoping › Specify reasons for selection › Add your company specific content here › Add your company specific content here By 30 Days 60 Days › Draft RFP › Define Vendors list › Add your company specific content here › Add your company specific content here By 60 Days 90 Days › Choose final list › Vendor Site Visits › Add your company specific content here By 90 Days 10 3 2 1 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 11. 50% 10% 20% 10% 10% 100% Vendors Evaluation Matrix Criteria Points Weighting Total Must Points Weighting Total Must Understanding project goal 10 15% 1.5 1 7 15% 1.05 Price 10 20% 2 1 3 20% 0.6 Vendor 3 15% 0.45 2 3 15% 0.45 Add text here 3 5% 0.15 2 3 5% 0.15 Add text here 7 5% 0.35 1 7 5% 0.35 Add text here 7 5% 0.35 1 7 5% 0.35 Add text here 7 5% 0.35 1 7 5% 0.35 Add text here 7 5% 0.35 1 3 5% 0.15 Add text here 7 5% 0.35 1 3 5% 0.15 Add text here 10 3% 0.3 1 7 3% 0.21 Add text here 10 7% 0.7 1 7 7% 0.49 Add text here 3 5% 0.15 2 3 5% 0.15 Add text here 7 5% 0.35 1 7 5% 0.35 Total 91 100% 7.35 67 100% 4.8 Vendor A Vendor B Legend Score: › 10 Fully accomplished › 7 Mostly accomplished › 3 Partially accomplished › 0 Not usable Legend Criteria 1 2 3 Criteria Met Criteria Partially Met Criteria Not Met 1 1 2 2 1 1 1 1 1 1 1 2 1 11 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 1 3 1 3 1 1 1 2 2 1 1 2 2
- 12. Vendor Rating Scorecard 12 Quality 19.0 27.0 Service 30.1 17.9 Delivery 32.5 17.5 Price 41.5 21.0 Supplier Score (200) 123.1 83.4 Supplier Name: Internal Evaluation Supplier Name: Self Evaluation Criteria
- 13. Negotiation Strategic Planning Rank Negotiation item Objective Strategy to obtain objective Outcome/ status 1 Reduce the proposed cost Due to high volume, it will be critical to minimize the cost Add text here Vendor has agreed to reduce the cost by 5% 2 Add text here Add text here Add text here Add text here 13 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 15. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. About Us This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 15
- 16. Comparison 16 This slide s 100% editable. Adapt it to your needs and capture your audience’s attention. This slide s 100% editable. Adapt it to your needs and capture your audience’s attention. 49% 72% 54% 90% Male Female
- 17. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Our Team This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 17
- 18. Location 18 35 M 71 M 42 M 25 M 55 M Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 19. Puzzle 19 04 03 05 02 01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 20. 20 Target This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 21. 21 Lego This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 02 03 01
- 22. Circular 22 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 01 02 03 04 05 06 07
- 23. Venn 23 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 01 Text Here 02
- 24. 24 Idea or Bulb This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 25. 25 Magnifying This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention.
- 26. 26 Bar Graph This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. • Product 01 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. • Product 02 0 10 20 30 40 50 60 70 80 90 100 Jun May Apr Mar Feb Jan Financial Year 2019 Sales in Percentage (%)
- 27. 27 Area Graph This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. • Product 01 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. • Product 02 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Jun May Apr Mar Feb Jan Sales in Percentage (%) Financial Year 2019
- 28. Thank You 28 Address # street number, city, state Contact Numbers 0123456789 Email Address emailaddress123@gmail.com