A. Engage with the internal customer and other internal stakeholders to identify their needs and wants, as well as educate them as to how supply management can add value in the negotiation process

B. Engage in an analysis of the organization's risk tolerance, and review the key suppliers' capabilities, financials and legal and regulatory compliance, as well as the risks of supply chain disruption

C. Review the organization's logistics category strategy by analyzing anticipated spend, how the renewal will affect purchasing leverage with other suppliers, and the current characteristics of the supply market

D. Identify the most advantageous payment terms for the renewal through an analysis of buyer and seller cash flow considerations, early payment discount opportunities and potential third-party financing options