Developing & Negotiating an Outsourcing Contract
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- Published: Thursday, August 25, 2016 07:50
By Jeff Richards
Managing Partner
In our past few blogs we’ve been talking about the outsourcing lifecycle and its five phases. We started with an introduction to the outsourcing lifecycle, and then delved into the first two phases: assessing outsourcing opportunities and selecting an outsourcing service provider. This brings us to Phase III: contract development and service provider negotiations.
This is the phase in which you develop the framework for your relationship with your new business partner. Yes – your outsourcing service provider is essentially a business partner! Here’s what you need to know…