Achieve more savings and value for every dollar spent with strategic sourcing outsourcing
How can you be more strategic in your strategic sourcing process? At a point where procurement organizations are recognizing their potential to contribute to the top as well as the bottom line, how can procurement teams maximize cost savings as well as generate additional value for the enterprise?
CBSV has answers to these questions. We are one of the leading providers of strategic sourcing outsourcing services in the world.
Every year, we help hundreds of organizations effectively execute their sourcing strategies to save billions in spend. Staffed with experienced category specialists, our strategic sourcing consultants get sustainable results fast — real results that improve the bottom line and boost competitive advantage.
Our capabilities are much broader than those of other strategic sourcing outsourcing providers. Our global presence and proprietary mix of analytics and sourcing methods, talent and supporting infrastructure and sourcing strategy align with your business goals. We hit the ground running and deliver greater savings and value from day one. Our clients benefit from:
– Corporate VP, Strategic Procurement, B. Braun
CBSV has pioneered and refined a holistic approach for sourcing strategy and spend management.
Our sourcing strategy uses a combination of techniques and tools that go far beyond unit price reduction. We deploy our expertise at a much higher level to address deeper, often untapped opportunities for savings, including:
Our strategic sourcing consulting and delivery approach is flexible at its core. As a leading sourcing services provider, we listen to your needs and configure solutions according to your specific goals. We run multiyear programs to achieve specific savings targets as well as short-term, category-specific engagements geared toward shoring up in-house expertise.
In addition to analysing historical spend, CBSV collates stakeholder inputs to thoroughly review the sourcing processes in place and devise an ideal, highly detailed savings roadmap. Following this, we leverage the power of supply market intelligence to identify categories that offer significant savings opportunities.
Learn more about CBSV opportunity assessment services.
Procurement is always on the lookout for ways to be more competitive in sourcing. High-performing procurement organizations recognize the opportunity presented by — and the subsequent value to be gained from — low-cost country sourcing (LCCS). On average, CBSV helps enterprise procurement teams realize 25 to 30 percent incremental savings by finding alternatives to domestic suppliers and sourcing from those in low-cost locations.
Read more about LCCS services from CBSV.
While direct sourcing is concerned with ensuring continuity of production and sustaining a company’s bottom line, indirect sourcing focuses on systemic issues like maverick buying, which has less impact on production and more on a company’s ability to control costs. Nonetheless, a holistic approach to managing both direct and indirect spend can deliver a big payoff in terms of supporting the enterprise’s long-term financial health and stability.
CBSV has years of experience managing end-to-end sourcing activities for global enterprises — we oversee more than $200 billion in annual spend, and that includes both indirect and direct spend categories. We understand that direct and indirect sourcing teams have distinct goals, and we are proud of the trust our clients place in us to deliver exceptional results on both fronts.
Key Capabilities for Intelligence, Agility and Resilience.
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