This SIG member from the buy-side is looking to implement a more defined end-to-end vendor engagement process for Consulting engagements within their company. In this process, they are looking to create a Project Form that will be submitted by the Project Business Owner to the Sourcing Department once the project and budget is approved.
This template would include project scope, budget, stakeholders involved, executive sponsor, known business requirements, projected start date, estimated length of engagement, departments impacted, US or global, Systems Data impacted, etc. This form will allow Sourcing to understand the business need and properly engage potential vendors for the project moving forward.
1. Do you have a template/process like this in place within your Sourcing Department?
2. If yes, what information do you gather from the business owners and any other suggestions for this step of the process?