February 16, 2018
Here's a look at where Source One's cost reduction experts have been featured this week!
A relationship with a stakeholder, like any relationship, depends on trust, mutual investment, and effective communication. Source One Consultant Liz Skipor has learned this through years of successful client engagements and savings initiatives. She joins the Source One Podcast to discuss the importance of maintaining trust and learning to speak your stakeholders' language. Her insights should help any Procurement professional better encourage collaboration, achieve buy-in, and develop strategic partnerships.
Before establishing savings targets, companies need to fully understand the capabilities and capacity of their Procurement departments. Failure to do so could lead to depletion and disappointment as companies chase unrealistic targets. Source One Director Diego De la Garza has spent years helping Procurement team's assess their operations, optimize their processes, and achieve their savings goals. He joins the Source One Podcast to discuss the importance of conducting a maturity assessment before setting out on a savings initiative.
In every category and industry, Procurement initiatives rely on apples-to-apples comparisons. Maintaining a level playing field for judging suppliers is the only way to accurately assess the strategic value of their goods and services. In Less-than-Truckload Logistics sourcing, such comparisons are particularly hard to come by. Carriers in this space have developed their own personal pricing and discount structures. Source One Senior Consultant Ken Ballard has proven himself an expert in navigating this complicated category. He joins the Source One Podcast to discuss his methods for optimizing your LTL purchases.