In today’s competitive global market, are you confident you are achieving the best pricing and greatest savings through your sourcing process? Additionally, what would it mean to your purchasing organization if your personnel were able to run more projects in a shorter period of time and benchmark results against industry peers?

The benefits of engaging a sourcing partner are numerous and top-performing organizations are successfully implementing this strategy for purchasing activities. Unlike manual or fully outsourced solutions, Elemica uniquely blends a consultative approach with technology to help our clients save money, address undermanaged commodities, fill in resource gaps and better handle peaks in demand. Simply stated, customers partner with Elemica to achieve:

• Cost Reduction
• Capacity Increase
• Capability Improvement

Sourcing Executives, Managers and Buyers benefit from Elemica’s proven five-step process which is measureable and repeatable. This ensures significant savings and provides support resources to accelerate projects to completion in an average of 60 days while transferring knowledge from our experience gained executing over 8,000 events.

Elemica’s Sourcing Services are collaborative in their approach and designed to be flexible. Implementation is fast and easy, blending with your purchasing organization and working at your direction. Results averaging 7% - 14% in savings typically deliver a 4X to 9X return on investment to our customers.

Strategy and Planning

Elemica’s approach is designed to identify categories with high potential for savings and are implemented with ease. Identifying these opportunities allows you to capture immediate savings and prioritize for continued cost reduction over a sustained time frame. Savings can then be used to finance more extensive and complex cost reduction projects. Elemica is able to support both tactical and strategic sourcing events. Executing strategic projects allows you to fully realize improvements in capacity and capabilities while delivering the greatest savings potential.

Elemica successfully executes sourcing projects through sourcing service delivery centers around the world. Since 2000, Elemica has executed over 8,000 measureable events, representing $15B in spend and $1.5B in savings.
Managing sourcing is no small undertaking. As an essential strategy to deliver cost savings and efficiencies, top-performing organizations are partnering with Elemica to maintain a competitive advantage in a global marketplace.

Top Pressures Driving a Focus in Sourcing:

• Increased Global Competition
• Accessing Improved Pricing
• Refocusing Personnel on Strategic Activities