CALCULATE YOUR SAVINGS fig 1b.
Saving money is a major reason why companies decide to hire strategic consultants for sourcing and logistics.
We work with all levels of your organization to Generate Savings, Build Capabilities, and Ensure Sustainability. Our strategic consulting team is made up of former industry leaders with deep process and category knowledge in sourcing, transportation, and logistics. We clearly and logically lay out the scope of solutions using proven methodologies, which will in turn improve your bottom line. Our success is measured by meeting goals during implementation, realizing savings, and receiving positive feedback from our clients.
Strategic consultants are hired to help a company identify and implement savings and the founders of nSource Advisors have a proven track record of generating savings for its clients in sourcing, transportation, and logistics. nSource Advisors follows a process that analyzes the spend in your organization to identify savings opportunities. We follow a four step process that streamlines how we work with your company.
This is the “get to know you” phase and it is important for us to understand the culture, goals, challenges, and organizational structure of your company. It is important for us to understand which stakeholders impact the spend in different areas.
The foundation for the business case starts with an intense process, where we scrutinize your spend, look at reports, review invoices, and meet with stakeholders to understand where and how your company is spending money today.
We will then use our expertise in sourcing and logistics — along with the client’s goals and baseline data — to identify and quantify savings opportunities, as well as create a prioritized cost reduction strategy.
In this final stage, we work together with our clients to implement the strategies that have been identified. We consider this “the fun part.”
At nSource Advisors, we work with our clients to transform their global supply chains so there is less reliance on external resources and more focus on creating a capable internal team.
We create a baseline to start from by analyzing your current team members, their processes, and the technology your company uses to identify strengths, gaps, and understand risks.
Using the facts found in our capability assessment, we create a solid strategy for the future that will ensure repeatable results, improved performance, and continuous improvement.
After defining the strategy, we collaborate with leadership and key stakeholders to agree on a definitive game plan and timeline.
nSource Advisors works with you to implement the strategy that will transform your organization and create internal capabilities within your sourcing and logistics teams.
At nSource Advisors, we have proven techniques to ensure the savings targets are achieved and the total cost of ownership is reduced annually.
We conduct regular meetings that focus on changing company culture and we make sure to include senior leadership so that everyone is on the same page.
We give visibility to the organization, to clearly demonstrate where your business is heading, by installing the correct reporting and operating metrics.
We institute a mentality of constantly identifying and prioritizing future savings projects. This is important as resources are freed up from one project, they can quickly allocate time to the next project. This approach maximizes savings recognized.
This is a critical step in knowing your markets, managing your suppliers, and putting in place long term strategies to minimize your total cost of ownership creating a competitive advantage.