The end of a key contract or supplier relationship is often fraught with difficulty. However, if approached in the right way, this should be a great opportunity for renewal and improvement. We have the experience and skills to help you avoid the pitfalls and make the most of these opportunities.
So the contract has failed. The supplier relationship is showing the strains of the end game. Performance is failing and costs are escalating. What do you do?
Due diligence, contract re-negotiation and recovery
We help organisations navigate this complex journey through:
- commercial due diligence to identify what went wrong and how this can be improved in the new contact;
- identification of underperformance and billing errors and the recovery of these from the supplier;
- negotiating the contract exit;• re-procurement & service transition to a new supplier; and
- contract termination and insourcing of services back in-house.
All of the above involve a complex set of change and transformation steps that can test an organisation’s capabilities to its limits.
For more information about how we can help your business please contact Walter Akers.