Vendor Alliance Guidance
The term Bob Schott hates to hear when referring to companies servicing PwC
What is "Vendor"
A business that is at least 51% owned and operated by an individual or group that is part of a traditionally underrepresented or underserved group.
What is a Diverse Supplier
Where we keep supplier information
What is Total Supplier Management (TSM)
What you would send to get information about a supplier's capability
What is a Request for Information (RFI)
You perform this to make sure a proposed fix actually works
What is User Acceptance Testing (UAT)
The Supplier Relationship Management group in E&C owns this tool
What is Third Party tracker (TPT)
SBE, WBE and MBE are all examples
What are diverse enterprises (Small, Woman, Minority)
The tool we use to gather information on what we need to source (since we closed 'the front door')
What is Request It
Only 1 supplier can provide the product or service
What is a sole source
Another name for "buyer" specific to PwC
What is "sourcerer"
This type of Purchase Order occurs when you don't buy from a catalog
What is 'non-standard'
The spend classification when a non-diverse company uses a diverse company to fulfill some or all of a contract with PwC
What is Tier II spend
Used to secure formal bids and proposals
What is Sourcing Director
While similar and different, both of these teams review contracts
Who are OGC Procurement and Tech Transactions
This company has a more complicated procurement process than the US Federal Government
What is PricewaterhouseCoopers
When a PO, a Receiving document and an invoice all equal each other
What is a "3-way match"
This supplier is PwC's largest Tier I diverse supplier
What is MBO Partners ($140M/ annually)
Where relationships between PwC and its suppliers are approved and memorialized
What is Total Contract Manager (aka Contracts+)
The 2 main items you need to document when you are contracting with an SEC restricted entity
What are "Ordinary Course of Business" and "At Arms Length"
These 5 people are responsible for the day-to-day oversight of PwC sourcing activities
Who are: Jeff Wakai, Jay Wilton, Eric Schmidt, Stephanie Schubert, Jason Smiles
The PwC group who TCS Uruguay reports to
What is "Finance" or "A/P"
This is our diversity goal in 5 years
What is 40% of sourceable spend
The largest direct competitor of Jaggaer
What is Coupa
It comes in $50K, $125K, $250K, $500K, $1M and $2M
What is Delegation of Authority to approve
Savings is made up of these 2 components
What is "Cost Reduction" and "Cost Avoidance"