Strategic Sourcing

Sourcing Advisory Services That Ensure Best-In-Class Vendor Contracts

Minimize Cost And Maximize Opportunities With Strategic Sourcing

As a veteran outsourced provider, Profit Enhancement has market-savvy related to vendor price points, optimal contract terms and conditions, and benchmark levels based on your specific spend and service mix profile. Strategic sourcing allows you to optimize your buying arrangements and is the cornerstone of any successful spend management strategy. We excel at negotiating best-in-class agreements, monitoring them for billing compliance, and notifying you when expiration dates mature or opportunities for early savings present themselves. It’s all part of our comprehensive strategic sourcing strategy.

Profit Enhancement manages the entire process surrounding sourcing including:

  • Demand set analysis
  • Vendor capability assessment and selection
  • RFI/RFP document production
  • Vendor response compilation
  • Final decision recommendation
  • Negotiation of the final agreement. We follow-up to ensure that the initial invoice for the new agreement is accurate and that the contract has been implemented correctly.

Contact Profit Enhancement today to learn how we can leverage the spend intelligence across all service categories from your hosted, outsourced solution to help you make the most strategic, and beneficial, sourcing decisions possible.