• Sourcing Management - Realizing the Savings:

Many organizations have executed successful strategic sourcing programs, with significant results. All too often however, the savings are not captured…or cannot be tracked 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.

Our Strategic Sourcing process provides the rigour and discipline to handle key sourcing decisions such as:

• Outsourcing
• Low Cost Country Sourcing (LCCS)
• Accelerated Sourcing
• Collaborative sourcing

It can also be used to buy literally everything:

• Capital Equipment
• Complex Services
• Food Ingredients
• Raw Materials
• A Rabbit !!!!

• 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:

Many companies can show the process chevrons, however few have the rigour and discipline in execution to drive superior results.

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 as an integrated business process and not as a special project. 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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