Supply and Demand Chain Executive Magazine recognizes Source One Management Services for a recent strategic sourcing initiative, bringing together IT and Supply Chain to achieve enterprise-wide objectives
WILLOW GROVE, PA, June 22, 2017 /24-7PressRelease/ — A unique strategic sourcing initiative, conducted by the experts at leading procurement services firm Source One Management Services, makes the prestigious list of Supply and Demand Chain Executive (SDCE) Magazine’s 2017 Top 100 Supply Chain Projects. The honor, which recognizes transformative supply chain projects, reflects the consultancy’s continuous aim to help clients elevate the role of their Procurement organizations within the enterprise they serve.
Specifically highlighted is Source One’s recent engagement with a company in the consumer packaged goods space. The company sought alternatives for its existing Warehouse Management System (WMS) that would better support its mission of delivering top quality specialty foods through transparent and responsible practices. Source One’s strategic sourcing consultants recognized the importance of aligning IT and Supply Chain groups and successfully incorporated the two functions’ perspective in an effective go-to-market strategy. After conducting an RFP, reviewing the functionality of the contending systems, assessing the total cost of system integrations, Source One presented IT and Supply Chain stakeholders the necessary information for selecting a best-fit WMS. Through this process, the CPG client decided on a more robust solution from an incumbent provider that could easily integrate into existing systems – achieving a 40% savings.
“We’re honored that Supply and Demand Chain Executive selected this initiative as a Top 100 Supply Chain Project. As a Procurement services provider, we’re seeing a growing demand for support with these types of initiatives that require input from multiple business units – specifically as technology and tools begin to enable enterprise operations beyond IT departments,” explains Source One’s VP of Professional Services Joe Payne. “Procurement is in prime position to help unify stakeholders to deliver results that align to the company’s overarching mission – and our goal is to help our clients realize Procurement’s full potential in that role.”
This recognition comes as the procurement and strategic sourcing consultancy celebrates its 25th year in business. Source One is one of the original consulting firms focused solely on strategic sourcing and procurement services. Committed to advancing Procurement’s role, Source One has continued to evolve its service offering to meet clients’ changing supply management needs. Among the highlights: Source One recently launched its Spend Analysis as a service tool, SpendConsultant.com, which allows companies to receive an easy to understand and actionable spend analysis without the burden of implementing a spend analysis software. In addition, the procurement consultancy partnered with the Institute for Supply Management as a sponsor for ISM2017 and exclusive host of executive-only sub-conference, Exec In. Later this year, Source One will also be releasing a major update to its e-sourcing platform, WhyAbe.com, delivering a much improved user experience and functionality.
About Source One
Source One Management Services, LLC is a top procurement services firm, industry recognized for optimizing spend management operations since 1992. Source One’s procurement consultants operate as an extension of client resources to provide procurement best practices, category expertise, and proprietary market intelligence to deliver bottom-line impacting results. We offer a portfolio of spend management services, including Strategic Sourcing, Spend Analysis and Cost Reduction and Opportunity Assessments, Procurement Transformation and Advisory, and more. To learn more about Source One Management Services, visit http://www.sourceoneinc.com/consulting-tools/consulting-services/.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage.
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