SpendConsultant was developed by strategic sourcing professionals for strategic sourcing professionals. The website and its underlying technology are developed and maintained by the strategic sourcing consultants and category management experts from the leading procurement service provider, Source One. SpendConsultant leverages the lessons learned and best practices documented from thousands of strategic sourcing initiatives.
Strategic Sourcing opportunity assessments with SpendConsultant are a great way for your company to determine its short-term and long-term strategic sourcing and cost reduction strategies. Better yet, they won’t require a major time commitment from your internal team.
The cost reduction opportunity assessment process picks up where our spend classification process ends. Our spend analysis and spend classification process are more robustly defined here. But, in summary our spend analysis process look like this:
Essentially, the opportunity assessment process is the same for your team up until we’ve completed the spend analysis. At this point, our rapid opportunity assessment process begins. Here’s how it works:
The SpendConsultant login is provided to your team so that you can view your spend analysis and opportunity assessment.