Enhancing Strategic Partnership with Tech Provider B PPT

This PPT slide, part of the 15-slide Technology Sourcing in the Oil and Gas Sector PowerPoint presentation, outlines a strategic initiative aimed at enhancing the partnership between an Oil & Gas (O&G) client and Tech Provider B. It is structured into 3 main sections: rationale, expected outcomes, and implementation planning.

The rationale highlights the need for improved commercial terms for IT services, specifically those frequently procured from Tech Provider B. It emphasizes leveraging previously underutilized services, such as systems integration, and positioning Tech Provider B to take over work from vendors who are being phased out due to vendor rationalization. This indicates a proactive approach to optimizing vendor relationships and maximizing value.

Expected outcomes detail the anticipated benefits from ongoing negotiations with Tech Provider B. The procurement team aims to secure more favorable rates that reflect current market conditions and align with the O&G client’s historical and projected spending. An updated Master Services Agreement with improved terms is also a key goal, along with better alignment of Tech Provider B’s roles and rates with the client’s business requirements.

Implementation planning focuses on ensuring continuity within the O&G client. This includes supporting in-flight project negotiations, regularly updating stakeholders on negotiation statuses, and assessing the organizational impact of the new partnership model. It also outlines the development of guidelines for utilizing Tech Provider B effectively and tracking benefits to measure ongoing savings.

The timeline presented for June through August indicates a structured approach to contract negotiations and stakeholder engagement, ensuring that all parties are informed and aligned throughout the process. This comprehensive strategy aims to foster a more effective and beneficial relationship between the O&G client and Tech Provider B.

This slide is part of the Technology Sourcing in the Oil and Gas Sector PowerPoint presentation.

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