Strategic sourcing - Experts and insight to improve your results
Our dedicated experts bring truly unique and valuable category expertise that goes well beyond sourcing know-how. By working day-in and day-out in their respective categories to help dozens of companies each year, they have extensive knowledge of the supply base and deep insights into pricing levels, market dynamics, and category-specific cost drivers. Our experts apply this insight along with the best sourcing strategy and an arsenal of tools and information to help companies achieve the best sourcing results.
Because our sourcing professionals know that one strategy does not fit the dynamic nature of all buying categories, they apply the right approach in each situation. Whether employing inter- and intra-company aggregation, reverse auctions, should-cost modelling, or traditional strategic sourcing strategies, our experts follow a fact-based process aimed at achieving optimal and implementable results.
To drive better results faster, our experts leverage an extensive inventory of tools and templates, including eSourcing technologies, data gathering and RFI templates, a comprehensive supplier database, and price benchmarks. Our category experts interact on a daily basis with our professional buyers, sharing real-time information about supplier performance, capabilities, contractual commitments, and transaction volumes to accelerate and improve sourcing results.
Electool's proven sourcing capabilities will help you:
- Identify more savings across more categories
- Achieve the lowest total cost of ownership
- Identify the best suppliers to meet company and stakeholder requirements
- Better manage supply risk through allocation and optimization
- Establish fully developed and accepted agreements that can be implemented
By working day-in and day-out in their respective categories to help dozens of companies each year, they have extensive knowledge of the supply base and deep insights into pricing levels, market dynamics, and category-specific cost drivers.