Strategic Sourcing

Gorfine, Schiller & Gardyn, PA (GSG) has developed an efficient and effective approach to helping our clients drive savings through Strategic Sourcing. GSG's Strategic Sourcing solution leverages best practice procurement processes to ensure that our clients optimize their purchasing power to drive an optimal balance of competitive pricing, high quality and effective service level agreements from their suppliers. Our team understands that an effective Strategic Sourcing initiative is more than just pricing, quality and service. It is also about establishing an environment in which buyers can access executed contracts and manage supplier relationships on a real time electronic basis. To do this our team has deep experience with leading eCommerce tools (both B2B and B2C).

Our team provides value added services around the entire Strategic Sourcing life cycle to include:

• Program Management
• Identification of Targeted Commodity Groups
• Creation of Commodity Teams
• Completion of Detailed Data Analysis
• Creation of Commodity Specific Sourcing Strategies
• Identification of Qualified Suppliers
• Development and Issuance of all RFx Documents
• Creation of Supplier Scorecards to Support Selection
• Negotiation & Execution of Contracts
• Integration of Supplier Catalogs & Workflow
• Design & Creation of Performance Management Reporting
• Establishing an Environment Supporting Continued Improvement

The benefits of a strong Strategic Sourcing environment are many. However, the critical areas of focus are: Cost Reduction, Environmental Efficiencies, Enhanced Reporting, and Contractual Risk Mitigation.

The results of our Strategic Sourcing program will depend upon your organization's level of spend, history of driving competitive pricing, and procurement experience / skills brought to the table. Our team has achieved 10% - 25% savings for several clients.

Contact us today to discuss how we can help your organization drive savings through the establishment of an efficient and effective Strategic Sourcing environment.