Strategic Sourcing
Strategic sourcing can bring huge benefits such as better focus, greatly improved delivery and reduced costs. Savings of up to 30% are not uncommon.
Serco Consulting uses a systematic approach that is applied to all our strategic sourcing assignments. We apply sophisticated and rigorous expenditure analysis techniques to help understand an organisation's cost and supplier base. This allows us to identify how the procurement process can be improved for specific categories of goods and services.
Once these areas have been targeted, our consultants analyse the nature of contracts for bought-in goods and services to:
- Improve the exploitation of existing contracts
- Introduce alternative supply-side models such as joint ventures or strategic alliances
- Simplify the procurement process
We then focus on delivering executable and sustainable implementation plans and robust business cases.