Professional Documents
Culture Documents
OF THE PHILIPPINES
2020
Subject:
Class code:
Hours: 3 hours
Prepared by Jemimah A. Velasco, MBA
MODULE 4
VENDOR SELECTION AND CONTRACTING
Intended Learning Outcomes
Having successfully completed this module, you will be able to:
Essential Questions
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Essential Learning
Finding the right BPO vendor and developing an appropriate contract are
essential to an organization’s outsourcing initiative. Regarding the former, the promise
of BPO is always tempered by the perceived risks associated with handing responsibility
for an internal business process— no matter how noncore or mundane it may be—to
another firm.So getting the right partner is crucial.As to the latter,careful consideration
of the elements in an effective outsourcing contract can help avoid many of the risks
that contribute to BPO failure.The fact is, managing these functions in a way that
reflects the strategic nature of the buyer–vendor relationship—that is, with an eye
toward mutual satisfaction, trust, and precision—can go a long way toward maximizing
the potential for BPO success.
Identifying and Selecting the Right Vendor The vendor identification and
selection process has a life cycle of its own. It starts with scouring the Internet and
other sources to identify potential vendors/partners, and continues through the stages
of getting acquainted, evaluation, and selection. Although in some ways, this process is
subjective—based in part on how well the buyer and vendor firms relate to one another
—it can also be conducted systematically. Large firms, such as Xerox, that pioneered
BPO have well-developed systematic approaches for identifying and selecting
outsourcing vendors. Fortunately, the systematic approach that has been pioneered by
the large early adopters of BPO has been refined and standardized over time. The basic
steps are now well known. This quasi-standardization means vendors have developed
expectations of how they will be approached and how they will be required to bid on
projects. Becoming familiar with the standard procedures of vendor selection, then, can
speed the vendor review and selection process for buyers and vendors alike.
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Instructional Material:
Chapter 4 VENDOR SELECTION AND CONTRACTING
Step 1: Assigned group will consolidate their respective reports and create a video presentation
discussing the topic assigned to the group.
Objectives:
Step 2: They will post the video on the Youtube Channel of their professor. For everyone’s perusal.
Step 3: Professor would be providing relative assessments, quizzes and evaluations to be answered and
performed by all the students.
Assessments:
Assessment 1: Submit the answer on this question in our Learning Management System (Google
Classroom).
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1. Describe each step of the BPO Life Cycle.
Lesson Schedule:
Readings: 30 mins
Video Lecture: 1 hour
Assessment 1: 30 mins
Long Quiz: 30 mins
Break: 30 mins
Total: 3 hours
Sources:
Electronic Book:
Syllabus Source:
Video Source:
Youtube Channel
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