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GLS BP Procurement Gap Analysis™
Compare your team against best practice
The Problem
How does your procurement team stack up against best practice?
Related challenges include:
- the business wants to see tangible value from procurement
- contracts are taking too long to close
- spikes in busyness are hard to mange
- your processes aren’t crystal clear
- your vendor strategy is opaque
- suppliers are not being performance managed
- legal are slowing your team down
- experience levels across the team vary greatly
- your vendors complain too frequently
Wouldn’t it be nice to get a concise view of what best practice looks like?
The GLS Solution
GLS BP Procurement Gap Analysis™ is a comprehensive audit of your procurement systems against a theoretical “Best Practice” procurement construct.
GLS BP Procurement Gap Analysis™ allows you to bench-mark the adequacy of your current procurement initiatives against objective solutions that are known to work.
In light of the findings, we can help you craft a tailored procurement system enhancement plan, together with a clear and practical path to achieving your procurement objectives.
Problem solved.
Solution Deliverables
BP Framework & Working Session:
A 2hr workshop introducing your to our BP framework.
Gap Analysis Audit Methodology:
A combination of desktop and in-person auditing for the relevant business units.
Gap Analysis Report:
Preparation of a proprietary GLS Best Practice Gap Analysis Report compiling our audit findings and a GLS BP Score Rating.
Findings Presentation:
A 2hr in-person presentation of our report findings and associated discussion.
BP Blue Print:
A practical, fully costed, plan that can easily be implemented to bring your procurement systems up to a “best practice” level.
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | Standard | Advanced | Complete |
| Audit Level (Inquiry Points) | 30 points | 100 points | 150 points | 300 points |
| BP Framework & Working Session | ✓ | ✓ | ✓ | ✓ |
| BP Gap Analysis Audit | ✓ | ✓ | ✓ | |
| Findings Report | ✓ | ✓ | ✓ | |
| Findings Presentation | ✓ | ✓ | ||
| BP Blue Print | ✓ | ✓ | ||
| $3,800 | $9,500 | $13,500 | $19,000 |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
Contracting
Compliance
Legal Operations
Performance
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
