Cost Reduction Services
professionals are experts at the Strategic Sourcing process, whether
through competitive events or structured negotiations. Because of this
expertise, Strategic Procurement Solutions is
frequently hired by top consulting firms to provide procurement expertise
to their operations, but we prefer to work directly with client organizations.
Procurement Solutions will conduct timely
strategic sourcing projects to improve quality & significantly
lower total costs of acquiring products & services within assigned
commodity categories. When compared to fees charged to the client,
every one of our sourcing initiatives has achieved R.O.I. levels
between 10:1 and 102:1.
We've had great success in many categories, including:
A sourcing project may include any combination of the following, and can be performed using eTools provided by Strategic Procurement Solutions or the client organization:
Depending upon the client’s requirements, Strategic Procurement Solutions’ sourcing services can be provided in any of three different formats:
Format #1 – Full Sourcing Management: We will provide full consulting support for a client’s targeted initiatives, with our team providing the majority of required services and techniques for multiple commodities.
Format #2 – Expert Staff Support: Clients often bring one of our experts onboard to support high-profile projects. Examples include complex commodities or outsourcing initiatives that require dedicated support during the project period.
Format #3 – Coaching & Guidance: When a client organization already has skilled procurement professionals in place, we can work with them in a “coaching” mode to review sourcing strategies, documents, supplier assessments, and contract documents to ensure that “best practices” have been employed through the entire process. This “coaching” role is especially relevant when coupled with training programs presented to the client’s personnel. It also presents a cost-effective option when the use of an external consultancy will add “credibility” in the eyes of the internal stakeholders.
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