The final step to transformation is all about the execution of the plan and achieving adoption.
As result of the develop phase, each of distinct opportunities for improvement are organized and prioritized into a structured business case for purposes of developing a formal prioritization, timeline for implementation and executive approval.
Now you are ready to implement the Transformation Roadmap. It’s here where Velocity Procurement deploys various services to assist the you with implementing the areas of improvement defined in the roadmap.
The actual transformation roadmap will vary based on the your improvement recommendations. Your custom transformation Roadmap will consist of one or more of the following activities:
- Conduct Technology Assessment
- Develop Revised Policy & Process
- Perform Skills Assessment
- Initiate Strategic Sourcing Projects
- Acquire & Implement New Technology Solutions
- Deploy Change Management & Communications
- Deliver Organizational Training
Velocity Procurement provides specifically-tuned services for each transformation track:
For changes to operating models, business process, organizational design etc., Velocity Procurement will deploy its Consulting team.
For changes to procurement technology, such as acquisition, implementation and transition, Velocity Procurement will deploy its Technology experts.
Managed Services Team
For needs to expand reach or out-task non-strategic procurement efforts, Velocity will deploy its dedicated US-based Managed Services team (aka BPO).
For deployment of any improvement projects, a critical workstream is dedicated to change management and training. Velocity works with you to develop a change management plan that is built to ensure the each workstream of the transformational effort is carefully assessed for impacts of change and how the stakeholders will receive and adopt the change over the long-term.
PROCUREMENT ASSESSMENT & TRANSFORMATION
Consulting services that examine the existing structure and performance of the procurement organization resulting in defined areas for improvement and new value.
TECHNOLOGY STRATEGY, ACQUISITION & IMPLEMENTATION
We utilize an effective model to conduct a formal needs analysis and fit/gap assessment, including a detailed business case for efficient sourcing decision, implementation and deployment.
CHANGE MANAGEMENT & TRAINING
Implementing a highly collaborative and structured methodology focused on the challenges preventing growing procurement organizations from achieving greatness.
SAVINGS IDENTIFICATION & STRATEGIC SOURCING
Deploy deep category expertise and a sourcing methodology that delivers sustainable cost savings, enriched supplier relationships and genuine reduction in TCO (total cost of ownership).
BUSINESS PROCESS & TECHNOLOGY OUT-TASKING
Dedicated on-shore tactical fulfillment of managing procurement business process and administration of SaaS procurement technology solutions.
AP ANALYSIS, ASSESSMENT & TRANSFORMATION
A thorough evaluation of the existing policies and processes in Accounts Payable, and how technology is currently being utilized to support the department. The result is a prioritized list of tactical steps to advance your department's capability.
"Make sure that you always have the right tools for the job. It's no use trying to eat a steak with a teaspoon, and a straw." - Anthony T. Hicks