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Strategic Sourcing

Strategic Sourcing is the backbone of any efficient supply chain. It typically yields 15-30% savings of a company’s external spend, making it the most powerful cost reduction tool available today. Equally as important, is the establishment of world-class supplier networks and processes that strategically position a company for growth and create maximum competitive advantage.

Our delivery approach is flexible at its core. We configure solutions to suit your specific goals, ranging from multi-year programs to achieve specific savings targets, to short-term, category-specific engagements where you want to shore up in-house expertise. Our process develops a secure and responsive supply base that is capable of providing quality, cost efficiency, innovative technologies, flexibility and services to meet the current as well as future business needs of the clients. We have strategic sourcing solutions for businesses of all sizes, including the small to mid-market.

We use techniques and tools that address deeper untapped opportunities for savings, including spend consolidation, product rationalization, supplier market evaluation, category strategy formulation, should cost breakdown and low-cost country sourcing.

Our Strategic Sourcing services include bench-marking against the marketplace, supplier recognition and rationalization, RFX process management and procurement process improvement. We harness the skills of the supply industry to best optimize sustainable and competitive advantages for our customers. Our analysts provide you with effective and sustainable solutions for all your businesses.

  • Case Study
  • Testimonials

The client, a US-based apparel brand, intended to re-evaluate the ‘in-house manufacturing’ strategyand identify most suitable low cost sourcing destinations.

A UK-based fast food chain wanted to evaluate its negotiating leverage against its prominent supplier for an upcoming contract renewal

A real estate consulting company intended to assess the cost of commencing a 50-member software firm in capital cities of select developed and developing countries

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“Their hard work was clearly visible in the report presented to us. Focus on generating actionable insights while always keeping in mind the end objective. I would definitely recommend other departments in my company to work with them. My compliments for a job very well executed."

~Global Oil & Gas Company

“Engaging them (Steeple) for the first time, I would say that we have never had a better experience of working with a knowledge partner. Analysis presented for the supplier landscape as well the sourcing strategies were of apex quality. Very well done. Commendable commitment and professionalism."

~ Fortune 100 Chemicals Manufacturer

“Never again have to worry before entering in a new geography as we have our supplier identification specialists (Steeple). Please accept our appreciation guys. Keep up the good work and thanks for supporting us.”

~ Leading Quick Service Restaurant Chain

“Knowledge partners like Steeple do not realize the kind of difference they make to us. Your should-cost modeling exercise was a great help. Managed to save nearly $2 million of our annual costs using your analysis. Please congratulate your team on our behalf. Outstanding work guys. Cheers”

~ Fortune 100 Pharmaceutical Company

“The report is excellent. After this level of service delivery and commitment, I would definitely ask my colleagues to engage with you. Your work is greatly appreciated.”

~Leading Auto-Ancillary Parts Manufacturer