Strategic Sourcing & Procurement Outsourcing
Strategic sourcing is key to procurement and secures the best possible total cost, rather than just the lowest purchase price for those goods.
The goal is for businesses to consolidate their purchasing power to achieve the lowest possible total cost of ownership and minimise risk to the supply chain. Today this has to be empowered by digital analytics and smart tools, to drive innovation, quality, sustainability, and speed; reduce your risk position; and facilitate resilient supply chains.
Therefore, a holistic approach is needed for companies to align sourcing with business goals, which increases efficiency and minimises risk within the supply chain. We apply a proven sourcing strategy development process (Picture 1).
Key to strategic sourcing is a solid supplier selection process (Picture 2). The goal is to develop strategic partnerships with the suppliers.
We don't stop there. We offer our clients a One-Stop-Shop for procurement. (Picture 3)
As well as consulting on sourcing strategies or helping our clients find the right suppliers in the APAC region. Our clients can also outsource their entire procurement operations to us. Many times companies don't have the experience and manpower in the region. Time zone difficulties, language and cultural barriers lead to inefficiencies and lost potential.
One of the key benefits of the One-Stop-Shop for our clients is quick and sustainable results. As we can deliver everything from strategy to execution, we manage the whole process ensuring accountability and responsibility for the results. The entire procurement operation is faster, more efficient and therefore more cost effective. Our local knowledge and experience allows our clients to focus on other operations. We provide more flexibility to our clients, through responsiveness and scalability through our local team.