- Structured - proven - efficient
- Leverages the strength of aggregation
- Meets individual customer needs
- Tailors each project to customer needs
- Support after the supplier contract is signed
Customer Requirements
Part of managing our sourcing process is a careful consideration of our customer's needs. First, we collect detailed information related to the specific commodity to be sourced.
Market Assessment
In order to successfully manage a strategic sourcing project, an understanding of the market and competitive landscape is essential. By specializing in NFR spend, our team has deep knowledge of the marketplace.
Part of managing our sourcing process is a careful consideration of our customer's needs. First, we collect detailed information related to the specific commodity to be sourced.
Market Assessment
In order to successfully manage a strategic sourcing project, an understanding of the market and competitive landscape is essential. By specializing in NFR spend, our team has deep knowledge of the marketplace.
Sourcing Strategy Formed
For each initiative, we develop the most appropriate sourcing strategy for our customer. Each product or service is treated as a separate and distinct sourcing initiative determined by the customer's needs and market dynamics.
For each initiative, we develop the most appropriate sourcing strategy for our customer. Each product or service is treated as a separate and distinct sourcing initiative determined by the customer's needs and market dynamics.
Go to Market and Supplier Selection
Once a sourcing strategy is determined, we then "go to market" together with our customers to identify and select those suppliers who best meet their needs.
Once a sourcing strategy is determined, we then "go to market" together with our customers to identify and select those suppliers who best meet their needs.
Supplier Management
TopSource has developed an evaluation process to monitor and measure performance working collaboratively with the supplier and customer. This process helps suppliers gain insight into their service and improve business relationships with the customer.
TopSource has developed an evaluation process to monitor and measure performance working collaboratively with the supplier and customer. This process helps suppliers gain insight into their service and improve business relationships with the customer.
Program Growth
Once a sourcing initiative is complete, our customers make the final supplier decision in awarding business. We work closely with our selected suppliers to establish a program or product offering. We work with the supplier to market and extend the program to all TopSource customers.
Once a sourcing initiative is complete, our customers make the final supplier decision in awarding business. We work closely with our selected suppliers to establish a program or product offering. We work with the supplier to market and extend the program to all TopSource customers.
Strategic sourcing provides the single greatest opportunity for customers to control costs and produce savings when purchasing NFR products and services.
Our strategic sourcing process (see our model) is efficient - it helps customers effectively manage their NFR spend and produces real benefits to their bottom line.
