{"id":5055,"date":"2016-09-15T13:22:14","date_gmt":"2016-09-15T18:22:14","guid":{"rendered":"https:\/\/test.isg.com\/?page_id=5055"},"modified":"2021-01-02T13:03:19","modified_gmt":"2021-01-02T19:03:19","slug":"strategicsourcing","status":"publish","type":"page","link":"https:\/\/www.insightsourcing.com\/services\/strategicsourcing\/","title":{"rendered":"Strategic Sourcing"},"content":{"rendered":"

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Strategic Sourcing Consulting<\/strong><\/h3>\n

Strategic Sourcing is KGM Strategy Group\u2019s core competency. We have performed over 6,500 strategic sourcing consulting projects<\/strong> with strong outcomes and consistently high ROIs for our clients. We blend our process expertise with deep category experience to drive extraordinary results with payback periods often measured in months.[\/vc_column_text][vc_video link=”https:\/\/vimeo.com\/279467201″][vc_column_text]What makes us unique is our ability to apply our process to virtually any significant expenditure area. Our firm has sourced chicken and desserts for theme parks, custom molded parts for fighter jets, and a 170-country fulfillment infrastructure for print. We can tackle your most complex or constrained categories and help with delicate incumbent renegotiations or complex make or buy analyses. And for common indirect spend areas<\/strong><\/a> such as freight, temporary labor, telecommunications, and other areas, we bring extensive benchmarks, custom built analytics tools, and other expertise based on sourcing these universal categories as many as 10 \u2013 30 times per year for clients of all sizes.<\/p>\n

Our process begins with heavy data analytics and typically includes hands-on negotiations with suppliers. We help implement any new agreements that result and lay the foundation for ongoing, world-class category management. We recognize that your suppliers are often critical to your business so we take an integrity-based approach to our sourcing process. Our goal is to ensure suppliers are treated fairly and relationships are preserved or even enhanced by our process.[\/vc_column_text][vc_empty_space height=”8px”][vc_separator][vc_column_text]<\/p>\n

Types of Strategic Sourcing Services<\/h2>\n

KGM Strategy Group performs different types of strategic sourcing projects such as:[\/vc_column_text][vc_tta_accordion color=”sky” spacing=”4″ gap=”10″ c_icon=”triangle” active_section=”0″ collapsible_all=”true”][vc_tta_section title=”Competitive Sourcing<\/strong>” tab_id=”1510240608823-d1add34e-451e”][vc_column_text]Leveraging facts and logic, we manage a fair and objective process designed to identify the best suppliers wherever they may reside and to negotiate the best possible agreement for our clients, considering total cost, quality, service, and other unique factors.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Incumbent Renegotiations<\/strong>” tab_id=”1510240608938-36193ab8-9c24″][vc_column_text]Are the costs with your \u201chard to change\u201d suppliers fair and competitive? KGM Strategy Group can quickly assess your agreements and leverage a tool kit of strategies to renegotiate your contracts to capture best-in-market pricing and terms.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Group Purchasing Organization (GPO) Programs<\/strong>” tab_id=”1510240736626-02ed5334-6715″][vc_column_text]KGM Strategy Group has multiple GPO programs that provide members with aggregated pricing and terms and all of the ongoing management necessary to help you achieve significant procurement cost reduction.<\/p>\n

Learn more about specific programs here<\/strong><\/a>.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Complex Decision Support<\/strong>” tab_id=”1510240873544-e8920572-3c30″][vc_column_text]Have a complex make\/buy or outsourcing decision to make? We can provide the heavy analytics to fully understand true current costs and get proposals from third parties that are easily comparable. Our decision support services bring clarity to the complex and dramatically lower risk.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Low Cost Country Sourcing<\/strong>” tab_id=”1510240898731-2de334e3-ca8f”][vc_column_text]KGM Strategy Group can search anywhere in the world, in any domestic region, for the best suppliers to fill your requirements.[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][vc_column width=”5\/12″ offset=”vc_col-lg-3 vc_col-md-5″][vc_column_text css_animation=”fadeInUp” el_class=”side-quote”]<\/p>\n

“I highly recommend KGM Strategy Group. After a broad sourcing campaign, we saved over $24 million on a $120 million spend base.”<\/h2>\n
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EVP of Global Sourcing
\n$500MM PE-Owned Manufacturer[\/vc_column_text][vc_column_text css_animation=”fadeInUp” el_class=”side-case-studies”]<\/p>\n

SOURCING SUCCESS SNAPSHOT<\/h2>\n