Strategic Sourcing Solution For Consistently High ROIs
Strategic sourcing solution serves to link the marketplace, distribution network, manufacturing process, and procurement activity to service customers at a higher level yet at a lower total cost. An organization implements strategic sourcing so that it can set its purchasing strategy. Moreover, it is also used to find the best possible deals in the market. Once selection and negotiations have taken place, strategic sourcing also involves measuring performance and improving the process on a continual basis. It’s generally practiced by large organizations with many suppliers. Our strategic sourcing solution addresses this need by providing support across the entire sourcing lifecycle from strategy, provider selection, implementation, and governance. For example, instead of purchasing the lowest priced goods, our consultant will help businesses get the best value for money. Our process begins with heavy data analytics and typically includes hands-on negotiations with suppliers. We h...