Strategic Sourcing is a disciplined, systematic process for reducing the total costs of externally purchased materials, products and services while maintaining or improving levels of quality, service and technology.  In many businesses, the secret to lower costs, improved profits and a more competitive operation lies in the supply chain. These days, organizations are taking a fresh look at how they purchase products and services, and many are adopting a process called "strategic sourcing."   The Beacon Group has adopted this process and devoted an entire business solution packaged to achieve this end.

Strategic Sourcing: Services and Deliverables

Direct Sourcing Program Management

• 3rd Party Purchasing
• National Account Program Development
• Managed Spend Analysis
• Benchmark Best Practices and National Price Points to Provide Market Transparency
• Evaluate and Optimize Purchasing Practices

InDirect Sourcing Program Management

• Conglomerate/Aggregate Buying
• On-line Reverse Auction Services