June 7, 2019

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


New Whitepaper:
Building an Effective Procurement Organization
Optimize each pillar of Procurement and make the function a valued strategic business partner with insights from Source One's new whitepaper series. The first three installments examine Procurement's people, processes, and relevant metrics. Stay tuned for upcoming explorations of its technology and role within the organization.

New Blogs:
Momentum and Sustainability Create Impact: How Marketing and Procurement Can Deliver Business Growth (Part 2)
Kaitlyn Krigbaum, Buyers Meeting Point, 6/6/2019
Marketing is among the most complex spend categories and Procurement must treat it differently than any other. In part one of this series, Kaitlyn Krigbaum emphasized the need for teamwork between Marketing and Procurement to boost both units' results. Krigbaum elaborates further in Part 2 and outlines the steps for making this strategic partnership a reality.

Thinking of Strategic Sourcing? Think Hard
Jose Schneider, Future of Sourcing, 6/4/2019
When adding strategic sourcing to their business processes, many companies neglect to do their due diligence. They fail to aligning their procurement team with this new methodology. Strategic sourcing should not be treated as a tool, leveraged one day and ignored the next. Strategic sourcing is a thought process that should provide for a new culture throughout the organization. Jose Schneider walks us through the details, provides a few examples of how strategic sourcing should be implemented, and describes the benefits of a successful implementation.





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