Quantifiable return on investment.
The competitive bidding process is one of the best methods for leveraging a company’s negotiating ability and purchasing power with suppliers. The request for proposal (RFP) and request for quote (RFQ) capabilities in our Supplier Collaboration Portal facilitate a streamlined procurement process. Through the use of our technology, we are able to reduce process times to achieve immediate results without sacrificing quality.
We encourage our clients to step outside of their current procurement practices and explore new relationships with a diverse group of suppliers. Our methodical strategic sourcing process produces excellent results around expense reduction and quality improvement while increasing participation levels of diverse suppliers.
By tailoring our sourcing process to meet the needs of our clients, we have the flexibility to deliver the entire end-to-end process or individually selected segments. Our clients never lose control of the process or the decision.
Many of our clients ask that we qualify their suppliers to their custom requirements to reduce risk and position the relationship for the highest possible success. We can assess each supplier independently against benchmarks or against a group of peers to understand their strengths, in addition to mentoring and educating to eliminate weaknesses and barriers to access.