Sourcing Services
Value can take on many forms, including savings and support for category management priorities, identifying alternative sources of supply for important stakeholder groups, and providing specific market information. The process of capturing this value involves a combination of optimizing client processes, collaboration, and Escala's efficient and effective execution. Proactive sourcing is a direct result of initiatives related to category management, market analysis, and pipeline activities. Furthermore, sourcing serves as a direct input to both supplier management and contracting, and falls within the category management process for procurement.
Sourcing Drives Total Value Through Optimized Execution
Value can take on many forms, including savings and support for category management priorities, identifying alternative sources of supply for important stakeholder groups, and providing specific market information. The process of capturing this value involves a combination of optimizing client processes, collaboration, and Escala's efficient and effective execution. Proactive sourcing is a direct result of initiatives related to category management, market analysis, and pipeline activities. Furthermore, sourcing serves as a direct input to both supplier management and contracting, and falls within the category management process for procurement.
Sourcing teams must perform their due diligence and create plans to proactively pursue opportunities that will benefit the business, while also being able to respond effectively to the needs of the organization. Through Escala's adaptable and leading-edge approach, our clients can address both challenges efficiently.
Why it’s important
Reach
Organizations targeting 95 percent spend under management, need procurement to serve as an effective channel to turn visibility into results
Expert sourcing resources enable deeper project portfolio development and bring the commercial skills necessary to build relationships with stakeholders
Leading organizations focus on core, strategic activities and leverage strong partners for execution and enablement
Effectiveness
Our clients need bottom-line cost savings to meet their business objectives. Accelerating savings is imperative to keep pace with the market
Executives want to be confident that their sourcing expertise and execution maximize savings
Leveraging a service provider that is in the category-related markets more frequently than the client, increases sourcing performance
Efficiency
Clients require a fit-for-purpose approach that improves results while flexing to accommodate the unique demands and complexity levels of specific projects
Continuous improvement, automation and innovation are needed to drive year-over-year improvements
Functional expertise is sought for upskilling or complementing the existing sourcing / procurement team
Services
Strategic Sourcing
RFx Execution & Management
Auction Execution & Management
Opportunity Assessments & Sourcing Wave Plans
Tail Spend Management