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Sourcing - Strategic Sourcing Offers More Than Cost Reduction
Finding a Sourcing Advisory Method that guides clients through every step of the journey can be a difficult challenge. Many consulting firms offer a great source of ideas but are not around to see them through to delivery.
To RFP or Not To RFP
When embarking on an outsourcing journey, most advisors in the market today will suggest putting the bid out to suppliers. Request for Proposals (RFPs) can be an efficient way of comparing vendors in terms of commercials and agreement to contractual terms. But it is also an efficient way of making sourcing advisors healthy margins, delaying the business case by up to a year, and of disconnecting the solution from the original strategic intent.
Using a strategic sourcing or outsourcing advisory consultant
Strategic Sourcing is focused on high level strategic business objectives and may include benefitial changes over and above the direct cost savings from the immediate outsourcing related changes.
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