Want to increase the chances that your outsourcing strategy succeeds by as much as 50 percent?

Outsourcing shouldn't be taken lightly — it can be fundamental to your organization’s strategy and business model. Often overlooked though, the precursor to a successful outsourcing arrangement, is a formal sourcing process. Our experience has shown that organizations that manage the sourcing process effectively increase their chances for outsourcing success by as much as 50 percent.

How COLOTRAQ can help

The sourcing process consists of four phases:

COLOTRAQ can support any stage of the sourcing process but clients realize the most value when COLOTRAQ is engaged from the beginning.

Validate Strategy

Using proprietary COLOTRAQ data, we are able to validate the business case for outsourcing. We maintain historical pricing for numerous telecom products and sources. Using this data allows us to help our clients shorten the sourcing process by 4-6 weeks.
 

Define Metrics & Requirements

Requirements gathering is a fundamental first step in a commercial organization’s services acquisition strategy. COLOTRAQ helps streamline the documentation of requirements.
 

Select Vendor(s)

COLOTRAQ will normalize the responses in order to quantitatively rank all the vendor options.
 

Negotiate Contract

COLOTRAQ uses a combination of historical pricing and trends in the marketplace to develop negotiation strategy for its clients. As a result, our clients are well informed and not negotiating in the dark.