e-sourcing
e-Sourcing is the use of internet technology to conduct traditional activities such as tendering, negotiating, bid evaluation and contract management. It is a modern strategic tool for achieving rapid purchase cost reduction on a wide range of goods and services.
We understand clients are at different stages of the e-sourcing cycle; so we provide a customised approach - from 'testing the concept' with pilot projects, running fully managed e-sourcing projects to ad hoc support for
in-house programmes.
Key activities include:
- Suitable category identification based on tried and tested criteria
- Category, Supply Market Intelligence and identifying new Suppliers
- Developing sourcing and tender lotting strategies
- Drafting RFI's/RFP's, Tenders & Agreements
- Facilitate online tenders and reverse auctions
- Implementation of sourcing strategies and agreements.
Our technology independence enables us objectively identify the most appropriate solutions for our clients.
Consulting
Select Sourcing provide consultancy services to organisations of all sizes, from global 'blue chip' to medium-sized UK-based companies.
We focus exclusively on procurement, and can provide you with highly flexible solutions ranging from a short Procurement Diagnostic
through to defining overall Procurement strategy.
We are experts in managing the introduction of business change and pay careful attention to engaging with stakeholders and planning the right approach to ensure successful project delivery.
Typical consulting projects include:
- Procurement diagnostics
- Opportunity and savings analysis
- Price benchmarking
- Procurement strategy
- Procurement organisation design
- Supply market analysis
- Strategic sourcing
- Buyer training and knowledge transfer
Interim Management
Interim management gives you instant access to experienced 'hands-on' procurement professionals.
We are used by organisations undergoing change, trying to develop or implement a strategy or perhaps looking to fill a short term management gap.
Our people have all worked in a variety of procurement roles including; Consultant, Head of Procurement, Project Manager, Category Manager, Strategic Sourcing Manager and Supply Chain Analyst.
Benefits include:
- Rapid deployment
- Knowledge transfer within short time frames
- Objectivity - while sensitive to the company's ethos, they will not be constrained by company politics, personalities or protocols
- Rapid delivery of results
Strategic Sourcing
Strategic Sourcing moves the business away from short-term transactional purchasing to a business-focused and planned approach.
Key Sourcing Activities
- Reviewing business strategy and objectives
- Resource assessment
- Analysis of procurement expenditure
- Development of sourcing strategies and identifying cost savings
- Reviewing the supply market and identifying suitable suppliers
- Developing tender documentation
- Negotiation - traditional methods or e-sourcing
- Supplier selection
- Contract management
- Performance improvements through measurement of KPI's & SLA's
