The strategic sourcing service offers a solution to drive savings across all spending
categories by improving supplier selection and mitigating supply risks.
It employs a rigorous and well-educated process for various categories which enhances
savings and supplier service.
These strategic methodologies for cost reduction contribute to achieving success and
ensuring sustainability.
Our Process
We commence our process with a thorough analysis of the entire company's expenditure,
ensuring that our strategies and tender negotiations are informed by recent and accurate
data. Following this, we formulate action plans to implement the new strategy.
Our team creates Request for Quotation (RFQ) documentation and tender contracts,
outlining the respective approaches and commercial models they entail. We then assess
current and potential suppliers to recommend the most suitable strategy for each
spending category.
We then look at current and potential suppliers to put together the right strategy for
each spending category.
We establish targeted landing cost for each category, identify total cost
breakdowns, and analyze the current and potential supplier markets.
Finally, we complete negotiations and closing deals on your behalf while continuing to assess purchasing activity and performance to identify any improvements during the execution phase.
How it benefits you
It enhances efficiency and quality by establishing a diverse supply base and optimizing the cost of capital. We improve procurement operations in collaboration with your team and stakeholders, involving them at every phase.
Our service transforms an administrative expense center into an innovative collaborator across various functions in the organization, representing a more strategic procurement strategy. Collaborating closely with your team, we develop action plans for the successful implementation of new strategies.
With extensive experience in procurement across diverse categories and sectors, our sourcing strategies are well-informed. Our support extends from finalizing negotiations to closing deals, continuously assessing purchasing activity and performance in the dynamic business environment. This methodical approach ensures long-term, sustainable, and measurable savings that positively impact the bottom line.
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