10 Steps to Planning the Procurement of Security & Risk Management Services for your Organisation.

Published by Marshal on

Our a guide to good practice:

1. Develop a cross functional team.

This should be identified through undertaking stakeholder analysis, and requires representation of all the relevant business functions in your organisation.

2. Build a risk profile.

This is the responsibility of the cross functional team, it is important to ensure that the risk profile considers the organisational strategy to ensure no misalignment occurs.

3. Undertake a risk analysis.

Procurement professionals will need to undertake a risk analysis that investigates the level of supply risk in the market place and the profit impact within the business.

4. Define your requirements.

Do not be so prescriptive in your definition that it stifles any innovation that a security supplier may bring.

5. Try not to place too much onus on your current security provision.

Look for a solution that best protects your organisation. It’s ok to change things!

6. Ensure ACS accreditation (UK based procurement – equivalents elsewhere).

Make certain that any security suppliers invited to tender have the ACS accreditation or you have satisfied yourself that they meet alternative standards.

7. Think BEYOND cost.

Ensure that any criterion used to select suppliers extends beyond cost benefit.

8. Ensure clause relevance.

Make sure that all clauses reflected in the contract are relevant to the security provision being delivered.

9. Pay particular attention to the SLA.

It is integral to the success of the delivery of the security provision. Ensure that the SLA covers issues such as: objectives, responsibilities and performance reviews.

10. Agree on KPIs.

Ensure that any KPIs chosen are agreed and are both relevant and proportionate to the security provision being delivered.

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Categories: Procurement