We believe that strategy drives outcomes, and in sourcing initiatives especially, a well-developed strategy is vital to ensuring long-term success. Further, new trends in sourcing require a strategy first perspective. These trends include:
- A shift towards IT innovation and transformation
- New service delivery models
- New outsourcing service providers
- New pricing models
- New contract models for outsourcing
- New preferences in geographic sourcing
WGroup utilizes structured, but flexible methods and tools to align sourcing efforts with top line business and IT strategy. Our sourcing strategy assessment and development engagements begin with a comprehensive analysis of an organization’s application portfolio, business processes, organization and resource models, existing contracts, current service levels, service models, and costs. We develop a comprehensive financial model that compares the current cost of all services to likely costs across various sourcing options. We help define core and non-core services, and measure the associated risk of sourcing to external (customer/supplier/partner) and internal stakeholders groups.
The output of this effort is a comprehensive and robust sourcing strategy that fully defines and scopes sourcing options with recommendations for improved service performance, minimized risk, and reduced cost.