Sourcing Advice - Sourcing and Outsourcing Tips and Insights.

Sourcing Advice is here to bring you sourcing and outsourcing industry news and views. Whether you want to know where/how to outsource or which companies can help you with your strategic sourcing consultancy needs, Sourcing Advice will be your tap into the best sourcing information online.

20 June 2011 ~ Comments Off

Strategic Consultancy Interview

Strategic consultancy

20 June 2011 ~ Comments Off

Sourcing – Strategic Consultancy

Strategic Consultancy Sourcing, Global Sourcing, Personel Sourcing – What’s it all about?

Strategic sourcing is an enabler that continuously improves and re-evaluates the purchasing activities of a company.The process can enable cost reduction, enhance business value, mitigate operational risk and shorten ‘go-to-market’ time.

Understand the Dimensions of Sourcing

The four critical areas of sourcing:

buy side – the corporation’s needs, desires and risks in managing external service providers;
sell side – the perspective and priorities of the outsource provider;
advisory – the motivations of third parties guiding the transaction; and
legal – ensuring the agreement is accurately and completely captured.

A great example of a company that has Strategic Consultancy experts in these fields is Elix-IRR