Sourcing & Procurement

Strategic Sourcing

Strategic sourcing is the pillar of any successful organization and this is no different for government entities. An effective strategic sourcing program typically generates 5% to 25% savings against external expenditure, making it an incredibly powerful value proposition.
We are here to help establish strategic supplier relationships and a world-class supplier network to elevate your procurement and supply chain position which ultimately deliver supply and cost-saving measures.

Sourcing & Procurement Specialist

We assist government agencies in realizing more efficient sourcing processes to save costs & maximize profitability. Negotiate with suppliers to obtain goods, materials, & services at the best prices by using strategic sourcing & Procurement strategies and extensive knowledge of their commodity industry.

Finding quality sources of goods & services
Negotiating contracts
Establishing payment terms
Market research

Testing for quality
Considering outsourcing for goods
Establishing standards

Why is Sourcing important for government agencies?

Strategic sourcing skills play a critical role in the cost structure and competitiveness of small and large agencies. These skills involve analyzing high-volume purchases and developing long-term partnerships with a select group of suppliers capable of providing quality products and services at low costs.

Sourcing & Procurement in supply chain

If done well, sourcing allows companies to establish consistent supply chains. Additionally, this keeps your Manufacturing plants running and your customers happy. We aim to ensure savings are measurable and sustainable – delivering greater value for your business over the longer term.

Supply Stability

When you find the right source for your products, it truly becomes a partnership. Both organizations rely on each other to keep the supply chain intact. Developing a close relationship can lead to higher quality (and efficiency) as suppliers and customers work together to identify and minimize the root causes of any defects that hurt both buyer and seller.

Cost Management

Strategic sourcing provides benefits for both government agencies and suppliers. Government agencies can typically negotiate lower unit pricing for high-volume purchasing. As a result, this reduces the costs of goods and simplifies the planning process. Suppliers benefit because they have a consistent outlet for their products. Therefore, making planning and cash flow more dependable.

Managing Risk

Besides identifying and solving problems, a strong relationship built on trust can help mitigate risk. When both parties know they can depend on each other, it opens the door to honest conversation. For example, if one party has temporary cash flow concerns, it can be discussed openly. Therefore, lowering the risk for both parties

How to Conduct Sourcing

If all organizations handle the sourcing themselves, there’s no shortcut. Selecting a supplier requires proper research and strategy.
Selecting a supplier as the source for goods means investing the time and effort to get to know them and ask the tough questions.
After all, it’s the reputation of the organization that’s at stake. Government agencies need to do business with suppliers that
will ensure their products will deliver the best results.

Here are some characteristics we look for when choosing a supplier:

Years of experience
Flexibility in changed order times
Wide range of available products and/or services
Negotiable prices

Customer reviews
Prompt delivery times
Accommodating customer service
Financial stability

It’s important to remember when you’re choosing a vendor – you are selecting a business partner. It needs to be someone you can trust and rely on now and in the future. Vendors make a monumental impact on your business, so choose wisely.