Leading Strategic Sourcing Consulting Firm Discusses Innovative Procurement

Support Model in New Whitepaper

Source One introduces its flexible, on-demand Procurement services offering by detailing a recent
spend management engagement.

Willow Grove, PA, July 24, 2018 --(PR.com)-- The spend management experts at Source One, a
Corcentric company, detail their flexible, on-demand Procurement support model in a new whitepaper.
Enabling the Business with On-Demand Supply Chain Support outlines the cost reduction firm's
Procurement Help Desk offering and provides a case study in its success.

The whitepaper covers a recent engagement with a large Medical Device Manufacturer who sought to
reduce costs and boost supply chain efficiency by nearshoring their manufacturing operations. Like many
organizations, the Medical Device Manufacturer was challenged to find resources capable of navigating
multiple geographies and managing multiple projects across several categories simultaneously. Before
approaching Source One, they hoped to accomplish this by hiring a single Procurement resource. They
quickly realized the robust nature of the engagement would prove too much for a lone supply chain
professional. After a series of conversations, Source One proposed a unique resource model flexibly
structured to offer scalable Procurement and Sourcing support, known as the Procurement Help Desk.

“Today's highly strategic Procurement teams have a lot on their plate,” says Director Diego De la Garza.
“They're asked to perform a multi-functional role and provide hands-on support across the enterprise.
With constant fluctuations in the demand for Procurement's support, allocating resources effectively can
be a major challenge. Our Procurement Help Desk model eliminates inefficiencies by providing
on-demand access to our team of purchasing consultants, database of market intelligence, and proprietary
sourcing tools. The comprehensive engagement described in our new whitepaper is evidence of the
model's flexibility and efficacy.”

Historically, Procurement has turned to third-party Business Process Outsourcing firms to help boost its
capacity. The strategic nature of Procurement's workload, however, means that outsourcing is often a
poor fit. Hiring full-time resources to meet spikes in demand is similarly inefficient. Source One
introduced its on-demand Procurement Help Desk to provide a more flexible alternative to these common
solutions.

The nearshoring engagement Source One describes quickly evolved into a sweeping spend optimization
initiative. Over more than two years, Source One and the Medical Device Manufacturer collaborated on
over a dozen strategic initiatives across numerous commodity groups and geographies. In addition to
thousands in cost savings, the engagement provided the client with optimized Procurement processes and
improved spend visibility. Both should inspire more informed supply chain decisions moving forward.

Enabling the Business with On-Demand Supply Chain Support follows the release of Source One's new
eBook exploring Procurement Transformation. The spend optimization team also shares their insights
every day on their blog, The Strategic Sourceror.

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About Source One, a Corcentric Company

Source One is a premier procurement services provider and strategic sourcing consulting firm. Since
1992, our team of spend management experts has supported best-in-class organizations in optimizing
their procurement and sourcing capabilities and achieving more value from their supplier relationships.
We serve as an expansion of clients' existing teams, saving them time and resources by applying our
experience, tools, cross-industry best practices, and customized solutions. To learn more about Source
One, a Corcentric company, visit us online at:
https://www.sourceoneinc.com/corcentric-acquires-source-one.

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Contact Information:
Source One Management Services, LLC
Bennett Glace
267-913-6275
Contact via Email
www.sourceoneinc.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/760211

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