Our strategic sourcing advisory is a systematic and fact‐based approach for optimizing an organization’s supply base and improving the overall value proposition. The scope of strategic sourcing extends beyond into account the total cost of ownership. Objectives of strategic sourcing surround the reduction of cost while maintaining or improving quality.
The objectives of strategic sourcing at a glance:
- Improving quality relationship (i.e. achieve cost reductions while maintaining or improving quality/service)
- Understand category buying & management process to identify improvement opportunities
- Examine supplier relationships across the entire organization
- Develop & implement multi‐year contracts with standardized terms and conditions across the organization