• Strategic Sourcing - Realizing the Savings:

Many organizations have executed successful strategic sourcing programs, with significant results. Yet often, the savings are not realized…or cannot be traced back to the P&L. The challenge is to convert the results achieved in a project environment to real savings that are captured and sustained as part of “business as usual”. Purchasing Practice understands the challenges involved in converting negotiated savings into realized savings and has substantial experience gained across a wide range of goods and services, direct and indirect spend, sourced on a national, international, and global basis.

• Working with you:

Purchasing Practices strategic sourcing service enables clients to realize best value from their supply base through leveraging our proven sourcing process, category expertise and market knowledge. Using cross-functional teams to maximize results we work with clients to review expenditure and identify categories (direct and / or indirect) where price, specifications and / or process can be improved to deliver savings whilst maintaining or enhancing service levels.

• Making a difference:

Purchasing Practice adopts a hands-on, delivery-led approach, and works with clients to identify practical opportunities to deliver real results to where they count - the bottom line.

The added value with Purchasing Practice is the depth and breadth of how our process is applied and the continuous focus on sustainability. Strategic sourcing is about sourcing entire categories of spend, not single orders or special projects. It is about meticulous attention to detail in determining baseline pricing, negotiated pricing, volume commitments and commercial terms that are unambiguous, which in turn leads to identifiable, captured, “ring fenced” and traceable savings.

• Strategic Sourcing Model:

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