Acquisition Life Cycle Management

Acquisition Life Cycle Management 2017-12-22T08:00:44+00:00

Transforming Procurement

Federal procurement executives face a unique set of challenges in complying with executive mandates (i.e. OMB / OFPP).

Economic

CHALLENGES:

  • Cost pressure and congressional oversight
  • Tasked with increasing mission scope while receiving a smaller budget

MANDATES:

  • Save taxpayer dollars to better fund critical initiatives
  • Leverage buying power within policy mandates and acquisition regulations

Technology

CHALLENGES:

  • Moving to the cloud, integrating fragmented legacy systems
  • Limited investment in key tools (spend visibility & analytics, eRFP lifecycle management, etc.)

MANDATES:

  • Modernize procurement systems while adhering to security requirements (i.e. FEDRAMP)
  • Employ innovative best practices while staying FAR / DFAR compliant

Responsiveness

CHALLENGES:

  • Long solicitation-to-award cycle times, supplier delivery times

MANDATES:

  • Shorten cycle times; give end users a quick and efficient way to procure goods

Change Management

CHALLENGES:

  • Broad & diverse stakeholder groups, often with conflicting agendas
  • Driving change & compliance with procurement tools & policies, without a full mandate

MANDATES:

  • Work within bureaucratic constraints to affect stakeholder buy-in
  • Drive change from sub-agencies by giving them something better than ‘status quo’

8 Element Acquisition Framework

SIE’s 8 Element Acquisition Framework tackles these challenges by leveraging private sector best practices and public sector know-how to create a baseline, measure and close gaps in your Supply Chain/Procurement process.

UPSTREAM ACTIVITIES

  • Enriching and analyzing spend data to determine opportunities
  • Managing categories as portfolios with defined vision & strategy
  • Developing internal and external business relationships
  • Six-Sigma Sourcing processes to execute category strategy
  • Drafting, negotiating, and managing contracts
  • Pre-defined contracts, clause library with business rules
  • Reporting on category contract meta-data to improve visibility
  • Segmentation of supply base into tiers through thresholds
  • Supplier performance and business risk management
  • Design and execution of Procurement Transformation Road Map

DOWNSTREAM ACTIVITIES

  • Source-to-Pay Technology assessment and implementation
  • Supplier Enablement Design and Implementation
  • Governance and compliance with upstream value creation
  • Low friction processes balanced with appropriate controls
  • Self-service business model enabling the organization
  • Principles based policies that are measured
  • Design and build of balanced scorecard reports
  • Managing cash to the organizations benefit
  • Measure procurement ROI and holistic value delivered
  • Alignment of procurement and finance measurements

SIE can conduct an 8-Element Assessment and Gap Analysis for your Agency in under 3 months and below the Simplified Acquisition Threshold. Are you interested in learning more?

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