Source One Round Up

June 30, 2017

Here's a look at where Source One's cost reduction
 experts have been featured this week!

Competition When it Comes to Incontinence: Retailer Sourcing Considerations
Elizabeth Skipor, Sourcing Innovation, 6/26/2017

Not every sourcing category is glamorous, and Source One Consultant Elizabeth Skipor explains how product development and sourcing divisions for incontinence products are important for expanding product mix in this highly competitive market. Skipor's background in buying for this category give her the insight for sourcing in this sensitive category and knowing which factors were imperative to the consumers of these products, and how sourcing is responsible for meeting these needs to ensure the product performs and functions as desired. While these requirements aren't issues we don't always like to discuss, this category is no exception for a savings opportunity and in order to discover hidden value, someone has to do the dirty work.

Reduce Costs in Product Design Through Raw Materials Martin Przeworski, ThomasNet, 6/29/2017
As S1 thought leader Martin Przeworski details in his recent online publication, many firms frequently overlook fundamental strategies to reduce costs during their initial manufacturing phase because they fail to consider different design options. As Przeworski advocates, firms should follow a three-step strategy of defining product versatility, ascertaining realistic material/manufacturing options, and selecting an optimal design, in order to achieve highest possible cost efficiency paired with product quality. Przeworski’s decades of experience in engineering and strong background in material sourcing add further credibility and takeaways to his insights. 


In the beginning of June, spend management experts from Source One joined our partner Corporate United as they headed out on the Road to SYNERGY. The first stop was in Baltimore, Maryland, where local industry professionals were invited to attend an exclusive one-day conference to meet with other industry experts in the industry. The day includes engaging workshops, informative presentations, and educational speeches from supply chain, procurement and sourcing leaders. The Road to SYNERGY will only be stopping in select regional areas across the U.S, so don't miss your chance to participate in these events. The next one-day conference will be in Dallas, TX on August 15th. Members of the CU community are invited to register now to guarantee their attendance now. 

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