Results in Strategic Sourcing

Companies that choose Source One Management Services, LLC as their Procurement Service Provider are often the leaders in their industries and are often early adopters of the latest industry best practices.

Financial Results:

• Most initiative start with the goal of reducing spend in any given category. Our clients have historically averaged 18% savings accross commodities. Click here to see sample category savings.
• Our focus is to provide real hard-dollar measurable and quantifiable savings opportunities, and ensure that they are obtained.
• Source One looks to reduce the soft costs of procurement, including transactional and overhead costs, by implementing best practices in procurement for both our customers and their suppliers.
• Our continuous process improvement and monitoring ensures implemented results are received and improved over time, Source One does not just provide you with the opportunity assesment, it makes sure the opportunities are obtained and maintained.
• Our Services can be provided on a contingency basis, so there are no fees to our customers unless savings are obtained. More on contingency based strategic sourcing.

Qualitative Results:

• Working with Source One ensures a fair bid environment and responses from suppliers, and provides access to the world’s leading supply organizations.
• Source One improves our customer’s collaboration with existing or prospective suppliers which can add additional non-financial value to the supply chain, such as first-to-market new product development opportunities.
• We look to create faster order management cycles while reduced supplier or ordering errors.
• We increase the efficiency and visability of invoicing, logistics and order management.

Knowledge Transfer:

• Source One does not generate an opportunity assessment report and leave the initiative. We ensure our clients understand all available opportunites, how they were developed, and assist in implementing them.
• Through our electronic toolset, WhyAbe.com we enable our customers with the tools necessary to repeat the sourcing initiative on their own. WhyAbe is provided completely free and their are no on-going maintenance costs associated with its use. More on WhyAbe.com
• In addition to regular status reports and review meetings, Source One provides detailed research and strategy recommendations to our clients at their request.