Bareki’s Strategic Sourcing service provides a rigorous and disciplined process for category and commodity organisation which drives cost savings and improves supplier service. Cost reduction programmes need an organisation-wide, strategic focus to be successful and sustainable.
Restrictions can be due to:
- Procurement being fragmented across businesses, operations and locations
- Procurement itself being viewed as a transactional process that has little engagement with the business and functional stakeholders
- Immature Procurement functions in terms of development and in the development of its staff and processes
How we work
Bareki’s Strategic Sourcing service addresses these issues – either on its own or as an integral part of our Managed Procurement Service and Procurement Transformation programmes. We deploy a structured methodology, starting with establishing category cost baselines, identifying the total cost breakdown, and analysing the relevant supplier markets. From this we recommend appropriate strategies for the category.
Our team then produces RFP/tender documentation and the approaches and commercial models they embody. We look at the appropriate methodologies for assessing quotations and tenders, at the negotiation strategies to be employed, and the tools and materials required to support these.
We will draw up implementation plans for new strategies to ensure your success. Bareki’s extensive experience across categories and sectors provides the foundation to all sourcing strategies. These use appropriate advanced techniques and levers suitable for direct and indirect spend, including:
- Specification optimisation
- Demand management Outsourcing
We provide you with ongoing support until negotiations and deals are complete, while continuously re-evaluating purchasing activity and performance against the ever-changing business environment.