Sourcing Strategy
Does your sourcing strategy support your brand and product strategies? Are you getting the best possible value through your sourcing strategy? The sourcing of your products or services plays a vital role in the profitably and viability of your company. It certainly affects your capability to deliver the right product at the right price and at the right time.
Our typical sourcing strategy projects include:
- Assessing your sourcing processes against you sourcing needs.
- Finding savings, speed and ability improvements in your current supply chain.
- Moving your supply chain to new sources or sourcing locations in a controlled manner whilst minimizing risk and maximizing savings or other desired improvements.
- Evaluating staffing requirements.
- Is your sourcing strategy costing the Earth? Making your sourcing greener and more efficient.
- Organizing the auditing of your suppliers for compliance.
We work on results, not just reports. Most of the time our sourcing strategy projects pay for themselves almost immediately. We have seen savings as high as 17% as result of our work. In one case, our client wanted to change suppliers but didn't know who else to use and was worried about the potential negative effects of the transition. We devised a sourcing strategy that matched their product strategy, found them new partners and oversaw the transfer. The client achieved savings of 7% - 8% without any disruption impacting their customers.
If you want to ensure that your sourcing strategy is performing to the max and like real results, talk to Conceptable today.