Indirect Sourcing Optimization
Indirect spend often accounts for around 20% of a company’s overall spend but can represent over 80% of the total vendors & suppliers with the least amount of contract governance and control.
Sourcing Advisory Group was created to leverage extensive experience and expertise to help organizations maximize value and opportunity costs by leveraging best-in-class aggregated and GPO indirect sourcing programs. Our team has worked with over 50 private equity firms and over 500 companies ranging from multi-billion-dollar global organizations to new startups.
Our focus is to become an extension of your procurement team. We will do the legwork to help you evaluate the programs and align you with programs that provide:
- Cost Savings - Highly leveraged programs for items/services that they are currently purchasing with vendors they know and trust.
- Accelerated Time to Value - The programs are pre-negotiated so their savings are immediate as opposed to a sourcing process that could take months and is unlikely to produce the same results as leveraging billions of dollars in purchasing power.
- Opportunity Cost - Maximize your savings opportunity.
- Contract Standardization - In many cases, this will provide savings in addition to the actual hard-dollar savings.
We guarantee an immediate ROI on all our programs.
- Are you on target to reach your annual procurement savings goals?
- Are you maximizing the value of best-in-class aggregated programs and GPO offerings today?
- Have you benchmarked all your transportation modes and optimized your supply chain routing in the last year?
- Are your current sourcing programs achieving documented total cost savings & sustainability goals?
Contact us today for no cost, or obligation, benchmark assessment of your indirect procurement programs!
steve.cross@sourcingadvisorygroup.com
(615) 663-9606
Procurement Leaders
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- CPOs must separate the signal from the noise to help manage disruption March 10, 2025In an uncertain environment, leaders need to be prepared to move quickly when bluster becomes factDavid Rae
- Look to build ‘experience capital’ to help bridge the gender divide March 8, 2025McKinsey partner Theano Liakopoulou says workplace experiences are key to progressionPL Staff
- Procurement has a relationship problem March 3, 2025It's time for the function to talk a good gameDavid Rae
- The return of the multinational February 24, 2025The much-discussed slowdown of globalisation is about to speed upDavid Rae
Supply Chain 24/7
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Supply Chain Management Review
- How to Explain Cold Chain as a Supply Chain and Logistical issue? | March 16, 2025Existing amenities are not enough to store, and deliver a large volume of vaccines within a short time, say experts. The governments are considering banking on the existing cold chain as a supply chain and logistical issue for storing, transporting, and distributing coronavirus vaccines while some professionals say the main challenge will be to manage […]ikram
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- What is the Role of Inventory in Supply Chain Management? January 14, 2025In Supply Chain Management (SCM), efficient inventory management is the result of a combination of interdependent procedures that work together to promote robustness and efficiency. Making wise decisions is necessary for inventory optimization in order to preserve equilibrium, reduce carrying costs, and avoid stockouts. Warehouse management uses sophisticated warehouse management systems and tools like SAP […]ikram
- What Makes Toyota’s Supply Chain Management a Benchmark for Excellence? January 3, 2025Toyota has an effective supply chain strategy that puts value and efficiency first. It has adopted the Just-In-Time (JIT) system, which guarantees on-demand delivery of materials and components while cutting waste and inventory expenses. By employing a tiered supplier system and incorporating employees at all levels in cooperative improvement initiatives, Toyota also cultivates long-term relationships […]ikram