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|By: Tenzin Lama 11247590 |
|Wilson Lie 11267958 |
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Executive Summary
Outsourcing a business process requires careful planning and considerations. This report will cover the elements required to make sure the client’s and vendor’s business is protected developing a contract and formalising a relationship, requirements that need to included in a contract in order to achieve a successful business outcome, issues surrounding staff displacement,the effects it will have on the company and staff and how to deal with these issues.
To make sure the client and vendor’s businesses are protected during outsource contract negotiation, the client will need to discover and research what will need to be outsourced and the outcomes they wish to achieve from the agreement, the client will then need to write a reqeust for proposal which will allow the business to choose the best available vendor and also creates an opportunity for the vendors to showcase how they will achieve the requested business objective, The client will then select a vendor based on specified criteria, after a vendor is selected, the vendor should examine the client’s business environment. Now both parties will be ready for a contract negotiation, the client will need
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