Insight Sourcing Group works across all industries to provide targeted cost optimization and procurement-related services. Our end deliverables are measurable cost reduction and performance improvement. Our procurement analytics solution, SpendHQ, provides ongoing, crystal clear spend visibility.
Insight Sourcing Group blends the resumes and expertise of the larger firms with entrepreneurial flexibility and the power of focus. We engage with our clients in a way that works for them and we guarantee results.
The following services can be provided as individual offerings or combined as components of a total solution.
Insight Sourcing Group blends our deep experience and category expertise with a hands-on, comprehensive approach to cost optimization – one that is fair and objective, yet achieves best-in-market costs and quality.
Our methodology is consistently successful across almost any cost area.
Spend Visibility through SpendHQ
SpendHQ is our award-winning, proprietary spend analytics solution for organizations that need complete spend intelligence in order to achieve their goals.
It was created for procurement professionals by procurement professionals.
Our firm builds world-class sourcing and procurement organizations from the ground up or can optimize your existing organization. We rapidly assess your team, processes, technology, and policies against our framework consisting of over 750 best practices. We work with you to design a future state and then we roll up our sleeves and build it with you.
Indirect Consortia Programs
Our consortia programs are a quick and easy solution that deliver rapid savings. Our programs leverage aggregate pricing in volume-driven categories to deliver pricing and terms with leading suppliers that our clients could not achieve on their own.
Enterprise Energy Solutions
Our team of energy experts partner with clients to provide comprehensive supply and demand management solutions in order to reduce costs and manage risk.
By understanding our clients’ cost drivers, consumption profile, and operational requirements, we are able to assist them to identify, analyze, and execute supply & demand side solutions which meet their financial targets.
Case Study Snapshot
Executed 20 sourcing projects for $8B retailer to achieve $17MM in savings
Provided ongoing spend visibility for financial services firm, resulting in 20% savings
Delivered savings of $110MM & created internal procurement function for $50B retailer
$3B retail client joins consortium & sees $500k+ in savings on auto rental spend
Saved Fortune 200 distributor 20% on addressable energy spend
Exclusive White Paper
3 Biggest Challenges for New CPOs: A Guide to Your First 100 Days
Whether you’re a seasoned procurement veteran taking on a new challenge or a talented executive from another discipline tasked with tackling procurement for the first time, one thing is certain: your new role carries opportunities and risks. After working with 1,000+ CPOs for over a decade, we’ve had the benefit of seeing the strategies that work and the ones that don’t employed across different companies and industries.
“We started working with Insight Sourcing Group four years ago with a small pilot program in a single division. They quickly proved themselves as experts in procurement and analytics. Today they lead procurement projects in all of our divisions, delivering significant value and savings. They recently led cross-subsidiary sourcing projects by using sophisticated analytics to consolidate spend among our broad product offerings. In each case, the projects were a tremendous success. We consider them an extension of our team. They are highly regarded by our senior executives and are considered a strategic partner.”
Senior Vice President, Operations & Logistics
Genuine Parts Company