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Setup a technology sourcing cooperation


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Setting up a technology sourcing cooperation, that is to integrate another product into yours and using your brand name requires some thought. Here is a how to guide to manage this cooperation during the life cycle.

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Setup a technology sourcing cooperation

  1. 1. Setup a Technology Sourcing Cooperation © Wise Hand Consulting 2016 2016­02­19 A How to Guide to Setup a Technology Sourcing Cooperation
  2. 2. You and Your Team! © Wise Hand Consulting 2016 2016­02­19 Add a Technology to your Product Sourcing Manager System Manager You ­ Product Manager Supply Manager Support Manager
  3. 3. 2016­02­19© Wise Hand Consulting 2016 I. Prepare for the Technology Sourcing NO Go GO Technical requirements for Supplier Indepence? Ready to Continue? What are the Risks and their Mitigations? What is the Business Case over the product life time? What is the Sustainability Profile? How to handle Supply? Is there a Requirement Specification for Sourcing? How to handle Support? How to secure Trade Compliance? What Licensing Conditions are needed?
  4. 4. 2016­02­19© Wise Hand Consulting 2016 II. Explore Candidates NO Go GO Find and List potential Companies that match your criteria for the cooperation! Ready to Continue? Review internally the Top Companies on your List! Contact, Get more info on potential Companies ! Issue a Request for Proposal (RFP)! Agree upon the Top Companies on your List to negotiate with!
  5. 5. 2016­02­19© Wise Hand Consulting 2016 III. Agree and Setup NO Go GO Share expections on the cooperation with the Candidates! Get the Agreement Signed ! Build a Common Ground for an Agreement ! Do you have a Common Ground for the Agreement? Set up cooperation for the first Project ! Sort out areas where Clarifications are needed!
  6. 6. 2016­02­19© Wise Hand Consulting 2016 IV. Manage Relationship NO Go GO Manage the Teams on both sides Operationally! Review the Business Cooperation Regulary! Adjust if needed! Continue, Change or Close the Cooperation! Secure Updated Collaterals for the Cooperation!
  7. 7. Setup a Technology Sourcing Cooperation Comments? Questions? Contact @ Credits: Canva, Pixabay, iStock, Freepik © Wise Hand Consulting 2016 2016­02­19