Strategic Sourcing
Strategic Sourcing starts by understanding your current spend and identifying opportunities based on your spend and business needs. Working with your team we develop a sourcing roadmap to achieve the identified opportunities.
Combining our proven strategic sourcing methodology with deep market insights and industry expertise, GEP drives significant savings to your bottom line. Our proven strategic sourcing process includes:
- Data collection and analysis
- Spend and supply market analysis
- Sourcing strategy development
- Negotiation support
- Supplier selection analysis
Typical results include:
- Savings of 5-20%
- Reduced sourcing cycle time, faster time to realized value
- Improved service levels
- Supplier consolidation