Strategic Sourcing

Strategic sourcing is the primary driver of cost reductions in most procurement organisations. Each project will typically deliver 10-15% of additional benefits.

Experience gained from implementing strategic sourcing in more than 30 Fortune 500 & Public Sector organisations enables our delivery teams to help clients accelerate cost reduction delivery.

For strategic sourcing to be successful, these five building blocks must be in place:

  • Build – design a sourcing process & programme
  • Learn – train ,coach and facilitate category project leaders
  • Apply – lead or support a series of category projects
  • Lead – manage the governance of decision gates
  • Deliver – measure savings and other benefits

Change management is always a key issue for our clients’ success and our approach takes into account the needs and objectives of stakeholders. This helps to build understanding and a strong “pull” for engagement, rather than the “push” of a procurement led agenda.

With a team of more than 40+ sourcing professionals we have the experience to deliver cost reductions in most categories of direct and indirect expenditure.

Contact us to discuss how we can help you maximise the cost reductions delivered from strategic sourcing projects in your organisation.

Call Simon Brown on:
or email sbrown@futurepurchasing.com
Category Management Strategic Sourcing

Read More

Compare Your Category Management Performance
Category Management: 5 Step Process
Category Planning
Strategic Sourcing
Supplier Relationship Management
Track8 Procurement Software
FP Category Management Survey 2016 - 2017
Contact Us
Subscribe to our newsletter?

Future Purchasing would like to invite you to receive our
monthly Viewpoint newsletter.

It contains evidence-led best practice procurement insight
guides, leadership and change management articles and
purchasing news.

Complete the form below to subscribe today...