Technology Sourcing

The cornerstone of good sourcing is a thorough understanding of a business’s strategic and functional needs and aligning to service delivery.

Technology Sourcing

Anchor never starts with technology; instead, we see technology as a tool to scale and maximize strategic priorities and previously defined outputs. Many companies adopt new technologies to create more efficient, productive, and paperless offices. Companies that win are intentional about collecting, storing, and dynamically generating analytics to enhance decision-making.

Key sourcing steps

Define Problems & Gaps

  • Define current state of technology
  • Identify gaps and inefficiencies
  • Identify potential areas for process improvement and adjustments
  • Develop a game plan for the next steps

Establish Requirements

  • Develop a Request for Proposal (RFP)
  • Develop an Action Plan to Implement Solution

Source Vendors

  • Research and identify potential vendors for solutions required
  • Perform due diligence on suppliers and their products
  • Outreach to at least three vendors to obtain quotations
  • Coordinate and manage multiple product demos
  • Setup and manage demo
  • Manage Q&A and follow-ups with the vendors
  • Negotiate price
  • Manage contract negotiations

Develop Business Case

  • Develop preliminary and final business case presentation/report for approval by senior management
Anchor Group