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STRATEGIC SOURCING

Offering core strategic sourcing capabilities

How much value are you realizing from external spend? Over the last 15 years, this area has evolved from an “off radar” nuisance to a valued source of competitive advantage.

Third-party expenses generally represent 30%–70% of total company expenses. Strategic sourcing can:

  • Significantly improve cost structure without reducing headcount
  • Reduce operational risk
  • Improve quality, service levels, and cycle times
  • Improve cash flow
  • Improve integration within and across business and operating units

Strategic sourcing is a core offering of the Strategic Consulting Group. We are experienced, expert sourcing professionals focused on identifying and delivering short-term sourcing value and building strategic sourcing capabilities needed for sustaining and increasing the value of your external spend. We bring a library of benchmarks and client-tested best practice tools and approaches to:

  • Develop and execute a self-funding strategic sourcing plan
  • Evaluate spend and associated strategic sourcing priorities  
  • Define supply markets and identify qualified suppliers
  • Define business, operations, and technical requirements
  • Accelerate competitive sourcing efforts (traditional, one-on-one, online)
  • Ensure structured, aggressive negotiations
  • Integrate legal and business performance requirements as part of the RFX process to streamline contracting, reduce vendor transition time frames, address business risk, and ensure continuous improvement

We also help build broader sourcing capabilities and organizations:

  • Organization design
  • Performance management scorecards
  • Supplier management programs
  • Order-to-pay process improvement
  • Policies and procedures
  • Technology evaluation and integration
  • Skill assessments and training
  • Order-to-pay process improvement
  • Policies and procedures
  • Technology evaluation and integration
 
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