Best Practices

Through ‘best practice’ processes and professional supplier management, companies have realized substantial cost reductions through:

• Elimination of non-value adding process steps
• Increased efficiency across the entire supply chain
• Aggregation of demand, supplier rationalization, and strategic sourcing , and enhanced supplier relationships
• Use of paperless e-Procurement tools and portals.
• Reduced inventory cost through:
  • Cycle time improvement: Reduction of time from order to receipt
  • Reduction of carrying costs, warehousing, movement, obsolescence and shrinkage
  • Alternative inventory ownership agreements – retained consignment and VMI.

Where are the opportunities to reduce your cost and enhance operational effectiveness?  Do you have the time to realize the benefits?  Source One can help!

Source One has the experience and the resources.  We provide a series of performance improvement services to continually achieve greater procurement savings while improving operational effectiveness.