Solution: Strategic Sourcing Strategic Sourcing is a disciplined, fact-based process that provides significant bottom line impact by: • Leveraging enterprise-wide spend • Rationalizing demand proactively • Streamlining the procurement process • Optimizing total cost of ownership • Treating procurement as an end-to-end process In our experience, implementing a Strategic Sourcing program typically can save an organization on average 15% of total expenditures, in addition to building better vendor relationships, creating dynamic purchasing teams, and streamlining the supply chain. TMG has extensive experience developing and deploying Strategic Sourcing solutions, both as consultants and as internal practitioners. Our solutions consider the whole problem - including organizational changes and challenges - and when we leave, we've ensured your organization is ready to keep moving and delivering results. Strategic Sourcing principles, theories and tools must also be applied to eProcurement solutions and complex purchasing strategies. While an eProcurement technology may streamline and speed processes, the full benefits cannot be realized without a simultaneous Strategic Sourcing effort. TMG can help assess your needs, evaluate the technology best suited for your organization, and determine how to best use technology to increase the impact of your sourcing organization. Likewise, complex transactions require a thorough needs assessment and market evaluation to ensure the most suitable and most objective decision is made. TMG can provide the Strategic Sourcing analysis, review and negotiating techniques that will objectively guide your purchasing decision and result in the most beneficial outcome for your organization. Click here to learn more about our Strategic Sourcing offerings: • Sourcing Strategy and Execution (Traditional and Offshore) • Outsourcing is Strategic Sourcing • eProcurement • Large Scale Transactions