Strategic Sourcing vs.
Tactical, Traditional Purchasing

: Strategic Sourcing's Impact on Your Bottom Line

Download Free Whitepaper

Purchasing has historically been an area of underinvestment by businesses for years. It is often understaffed and the resources are pulled into day-to-day tactical activities, leaving little time to focus on strategic sourcing. In other cases, true sourcing skills and expertise do not exist within a company.

Insight Sourcing Group has performed thousands of sourcing projects for our clients. In this guide, we will explore the differences between strategic sourcing and traditional, tactical purchasing; examples of actual results; and how to get started with strategic sourcing.

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What’s in this guide

1

The Key Differences

Strategic sourcing blends science, art and heavy data analytics with the use of a comprehensive methodology designed to explore all viable avenues in pursuit of total cost reduction and overall quality/service parity or improvement. It differs from traditional purchasing in a myriad of ways.

2

Results

The proof that these differences exist is in the end results. Across all industries — from airplane manufacturers and mutual fund companies, to apple-pie makers and entertainment companies — strategic sourcing can generate recurring cost savings of 10 to 50 percent.

3

Getting Started

How do you make such a meaningful impact on profitability? How do you begin? Learn these answers and more in this informative white paper.

Insight Sourcing Group

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