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Sourcing as a Strategy
 
 

The world is shrinking...

...and so are many companies as they use various sourcing strategies to allow them to concentrate on delivering the core activities which support financial growth.

Whether the need is to reduce costs, improve service, add capacity and capability or transformation sourcing should be considered as a viable strategy to achieve the goal(s).

There are varying levels of maturity in the market for the different models and a huge number of issues to consider and address.  Risks can be effectively managed with a combination of the right partners, an experienced internal team and an effective contract.  If these are in place there are rewards to be reaped.

At Derwen Consulting Limited we have experience of the full lifecycle of sourcing projects from partner selection, inception and through to implementation and achievement of steady state operations and onward to transformation.

There are many factors to consider for a successful transition, before embarking on a sourcing strategy and subsequent project, contact us to see how our experience can help your sourcing strategy deliver the benefits and not be one of the well reported failures.

Contact us to learn more and to see how we can help your sourcing strategy succeed.

 

One of many models to help determine your sourcing strategy

 


 
Tips
 

Legal Experts

Ensure that your legal team has experience in drafting such contracts.  Get this right at the start will pay huge dividends.  Also be aware of employment laws and the accompanying responsibilities.

 
 
 

Experience Counts

A common mistake is to believe your in-house team can implement a sourcing strategy without prior experience.  this often proves costly and sometimes fatal.

 
 
 

Where's the knowledge

All the knowledge in people's heads?  You need an effective retention strategy and change management program to ensure knowledge is successfully transferred.

 
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