Change Requests

Challenge: Understanding changes, their origins and impact, as well as their application and consequences

In the modern world, businesses change and evolve rapidly, putting pressure on long term supplier engagements. This triggers scope changes that immediately impact timelines and pricing which in turn end up in new negotiation rounds. Additional activities like managing numerous emails and documents and ensuring version control can be a challenge. After all stakeholders are in agreement, the changes must be signed and added to the original contract. This includes an update of all related management and monitoring documents and applications.

Solution: Implement managedsuppliers!

managedsuppliers is your collaboration HUB that provides you with a centralized location and standardized procedure for managing and reconciling contract change requests. You can create a new entry for each change and assign it to the appropriate expert for clarification and formulation. Following internal alignment, you can then forward it to the supplier for review and subsequent negotiation. Upon mutual agreement, it is electronically signed and directly incorporated to the respective Statement of Work (SOW). This includes an automatic update of the description, fees, KPIs – whatever changes have been agreed upon.

Change Request – Overview

Centralized Hub: With managedsuppliers, everything is kept in one place, ensuring that all relevant information is easily traceable. This centralization streamlines the process, making it more efficient and less stressful.

User-Friendly CR Creation: Initiating a change request is a straightforward process. The initiator can effortlessly raise a CR and link it to the respective section in the Statement of Work (SOW), ensuring that changes are clearly associated with the relevant context.

Comprehensive Dashboard: Get a complete view of all change requests and their history, including financial impact.

Change Request – Creation View

Change Comparison: Changes are clearly displayed alongside the original text, making it easy for both parties to see what modifications are proposed. This side-by-side comparison facilitates transparency and understanding.

Collaborative Adaptation: managedsuppliers allows both parties to adapt the change as needed. This collaborative approach ensures that no input is lost, and everyone has access to the latest version.

Agreement Process: The back-and-forth communication continues until both parties reach an agreement, ensuring that changes are thoroughly reviewed and mutually accepted.

Book a Demo now

Learn more about how managedsuppliers can simplify your collaboration with preferred suppliers.

Book a Demo

Book a Demo now

Learn more about how managedsuppliers can simplify your collaboration with preferred suppliers.

Book a Demo