Procurement Articles, Strategic Sourcing Whitepapers and Purchasing Research

Source One Management Services, LLC has developed this section of our website to assist in the education and advancement of procurement strategies and best practices. Check back often to see our latest research reports, or subscribe to our newsletter to keep current with any changes.

Seven Steps to BPO Success:

Business Process Outsourcing (BPO) is booming in many US industries. The justifications are strong: up to 50% cost savings on existing operations, access to specialized skills, a highly scalable and flexible supply of lower cost capacity and the potential for improved operations performance. Outsourcing is no longer on the "leading edge" and is a proven tool used by mainstream businesses to achieve their financial goals. However, misperceptions about outsourcing, its complexity and risks have kept many companies on the sideline. This white paper debunks some of these myths and provides an industry veteran's list of the most important factors influencing BPO success. Request your free copy of "7 Steps to BPO Success" and learn how to define or refine your BPO strategy.

Contact Us and Request the Free Whitepaper "Seven Steps to BPO Success"

Procurement Outsourcing, a Strategic Imperative:

Recent Aberdeen research, sponsored by Source One, reports that regardless of the choice to outsource procurement processes entirely or incrementally, companies have reported increase spend visibility, reduced spend, and improved service levels as a direct result of procurement outsourcing.

Procurement Outsourcing: A Strategic Imperative?

Advanced Strategic Sourcing and Supplier Engagement:

Having a structured procurement process provides a framework that can produce sustainable savings in most procurement initiatives. However, creativity is critical in the application of the strategic sourcing process and will have dramatic effects on the results achieved.

A Creative Approach to Advanced Strategic Sourcing and Supplier Engagement.

Strategic Sourcing in the Mid-Market Benchmark:

Most mid-size enterprises lack disciplined sourcing practices, category expertise, and spending power to negotiate and maintain competitive supply chains, according to a new Aberdeen Group benchmark report, Strategic Sourcing in the Mid-Market Benchmark: The Echo Boom in Supply Management. Aberdeen estimates that such deficiencies are costing mid-size firms in the U.S. $134 billion a year in missed supply savings opportunities.

Read the Mid-Market Strategic Sourcing Report.

CFO View of Procurement:

CFOs have acknowledged the increased influence of procurement and see it as a growing contributor to corporate competitiveness. Initiatives that directly manage supply availability, transportation/logistics costs and escalating commodity prices are areas where procurement should play a leading role.

Click here to download a PDF of the Aberdeen report.

What is a Procurement Service Provider?

The use of Procurement Service Providers is rapidly increasing due to increased awareness of the supply chain and changing global market conditions. Businesses have an increasing need to maintain and reduce costs without eliminating or adding resources. Procurement Service Providers may be contracted with to increase or supplement internal resources while keeping costs low.

Read more about Procurement Service Providers.