FOR IMMEDIATE RELEASE
Trascent Management Consulting Launches New Corporate Real Estate (CRE) & Facilities Management (FM) Services
New service offerings signify the firm’s expansion of its capabilities and commitment to helping clients improve their CRE/FM supplier relationships
WHITEHOUSE STATION, N.J., April 27, 2016 – Trascent Management Consulting, LLC, today announced it has launched three new Corporate Real Estate & Facilities Management (CRE/FM) consulting services for corporations that seek transformational improvements in their CRE/FM supplier relationships.
Drawing upon experience, best practices, and market intelligence from negotiating and implementing over $7 Billion of CRE/FM contract value, Trascent is launching three key services for clients in the CRE/FM sectors. These services are designed to improve and advance CRE/FM supplier relations into lasting, high-performing outsourcing relationships.
Trascent’s new consulting services include:
- Next Generation Contract Strategy: Compete to Win or Renew to Win?
Global CRE/FM markets are maturing from first generation into next generation contracts. Many US, EU and APAC contracts are entering second and third iterations. Trascent’s Renew/Compete service helps companies frame the business case and align multiple-criteria decisions on the optimal next generation contract strategy. Trascent will leverage its global market intelligence and benchmark capabilities in order to provide an unbiased and business case driven response to key questions being posed by CPO’s and CFO’s and other key executives – “Are we better off going to market or should we extend the incumbent contract?”, “Are we leaving money on the table if we renew”, “Is there sufficient market maturity and differentiation to warrant a market RFP”, etc.
- The Supplier Contract Relationship Health Check
Designed specifically for CRE/FM and Procurement leaders, The Supplier Contract Relationship Health Check is a high-impact consulting service that provides an efficient and targeted review of areas vital for an effective supplier relationship – from trust, controls, governance to performance and financial risk/reward mechanisms. Conducted in a transparent, collaborative way with both client and supplier, the outcome enhances incumbent relationship effectiveness and boosts innovation and efficiency by identifying and addressing key issues that may be impeding the performance potential of the outsourced CRE/FM relationship.
- Pricing Simulation: Is Your Contract Working for You or Against You?
CRE/FM contracts today are increasingly complex as they are designed to be more flexible and anticipate future changes in portfolio, site, scope and service levels. However, clients typically lack visibility into how complex contract pricing mechanisms will perform when subjected to operational tests of running a global, diverse portfolio. Prior to inking the contract, it is critical that clients pressure-test and simulate their contract pricing mechanisms under a variety of portfolio and budget scenarios. Trascent provides market intelligence, benchmarks and analytical tools that illuminate how the contract pricing model performs under a variety of scenarios. This service is targeted for clients already in incumbent contracting relationships and for those that are about to implement the first or next generation CRE/FM outsourcing initiatives.
“We are pleased to expand our client consulting solutions with these key service offerings. These services will provide high value to clients in improving CRE/FM supplier outsourcing relationships,” said Rakesh Kishan, managing principal. “Our new services are built upon global thought-leadership, market intelligence, and differentiated intellectual property in the CRE/FM marketplace”, said Kishan.
For more information about Trascent’s new consulting services, please contact Yvonne Liu, Director, Global Marketing, at firstname.lastname@example.org or +1 (646) 295-4299.
Trascent, a premier global management consulting firm, drives measurable performance improvements and generates quantifiable results in Corporate Real Estate and Facilities Management (CRE/FM). The firm’s clients span biopharmaceuticals, consumer packaged goods, diversified industrials, financial services, high technology, media, oil and gas and other sectors. Main areas of focus include current state assessment, sourcing & outsourcing strategy and implementation, supplier governance, and CRE/FM shared services model implementation. Trascent also holds three annual CRE/FM best practice conferences in North America, Europe and Asia Pacific and are attended by CRE/FM executives and business leaders. www.trascent.com.