Given a new forecast outsourcing project an experienced US internal forecasting organisation (IFO did the following things to make the project successful:
1. Created a benchmark of the LCM forecast outsourcing process and practices in the industry and interviewed five reputable vendors.
2. Worked with all the internal stakeholders to develop the outsourcing process and obtained agreement on the specific responsibilities of each party.
3. Drafted he vendor agreement, with the help from the Legal...
BPIR Categories3.2.2 Develop product lifecycle &development timing target
2.4.2 Create and implement outsourcing strategy
5.2.2 Work with suppliers/outsourced contractors