In today’s world, most organizations are constantly looking at ways to maximize their sourcing efficiencies and reduce procurement costs –not just by lowering purchase costs, but also considering overall business requirements, elements of risk and really evaluating Total Cost of Ownership (TCO). This approach is really what makes strategic sourcing very comprehensive and makes it more effective than the traditional attempt to just push down purchase costs.
Strategic sourcing also provides for continuous improvement and re-evaluation of purchasing activities of organizations with high volume purchases from suppliers across the globe.
We provide comprehensive sourcing support to organizations looking at establishing a higher level of focus on their strategic sourcing initiatives. We also support tactical sourcing functions, such as alternate supplier identification or evaluating equivalent alternate partoptions. Many of our clients are from asset-intensive industries, which means that the MRO items they purchase are mission-critical and need to be available on-demand, procured at optimal cost and not overstocked.
Our cross-functional team has experience sourcing all MRO commodities, as well as industrial goods, from across the globe including the US, Canada, Europe, and Asia. Having worked with multiple industries, such as mining, pharmaceuticals, food and beverages, oil and gas, and chemicals/petrochemicals, our team has a rich understanding of the various commodities, as well as the supply base. We have enabled clients to achieve competitive advantages like cost reduction, new technology adaption, quality improvement and decreased delivery cycle time.
Our sourcing experts will provide insights into various parameters to improve your sourcing capabilities.
With all the right insights and skills, we ensure you can source high quality items, at the ideal price and at the right time.