Strategic Sourcing is a core competency; we have performed many sourcing projects with consistent positive outcomes and high ROIs for our clients. We blend our process expertise with deep category experience to drive results in common expenditures such as freight, print, temp labor, telecommunications or office supplies..
What makes us unique is our ability to apply our process and technologic enablers to virtually any expenditure area. We can tackle your most complex or constrained strategic sourcing opportunities or bring deep expertise and benchmarks to common indirect spend areas.
Our process begins with heavy data analytics and typically includes hands-on negotiations with suppliers when necessary. We help implement any new agreements that result and lay the foundation for ongoing, world-class category management. We performs different types of strategic sourcing projects such as:
- Competitive Sourcing: Leveraging facts and logic, we manage a fair and objective process designed to identify the best suppliers wherever they may reside and to negotiate the best possible agreement for our clients, considering total cost, quality, service and other unique factors.
- Incumbent Renegotiations: Are the costs with your ‘hard-to-change’ suppliers fair and competitive? We can quickly assess your agreements and leverage a tool kit of strategies to renegotiate your contracts to capture best-in-market pricing and terms.
- Complex Decision Support: Have a complex make/buy or outsourcing decision to make? We can provide the heavy analytics to fully understand true current costs and get proposals from third parties that are easily comparable. Our decision support services bring clarity to the complex and dramatically lower risk.
- Low Cost Country Sourcing: Insight Sourcing Group can search anywhere in the world, in any domestic region, for the best suppliers to fill your requirements.
When appropriate, we leverage our deep expertise in eSourcing and Reverse Auction tools