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Sourcing Optimization

Enhance Supplier Optionality, Reduce Risk, Improve EBITDA, Service & Quality

Sourcing Optimization Approach

SGS-Maine Pointe's sourcing optimization implements our rigorous six-step procurement process to achieve measurable improvements not only in cost but also quality, service, speed to market and risk.

Sourcing optimization leverages SGS-Maine Pointe’s data analytics, strategic procurement, leader & organization improvement and industry supply chain subject matter expertise.

This includes a detailed process of spend profiling to enable category specific cross- functional teams (SGS- MP & client) and breaking through functional silos and transforming procurement into a high value strategic procurement function.

We employ a rigorous baseline and evaluation process to ensure the client can track the achievement of the savings/benefits and install a procurement management operating system (PMOS) to ensure they continue to drive sustainable realization, as part of our part of our Total Value Optimization™ approach to value creation.

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Benefits

  • Improve profitability through reduced cost of goods sold (COGS)

  • Reduce total cost of ownership

  • Enhance supplier relationships allowing for collaborative cost optimization and value creation

  • Increase supplier optionality and risk mitigation

  • Improve cost, quality and price visibility

  • Enhance supplier performance management

  • Eliminate silos and drive cross-functional alignment

  • Drive measurable improvements in cost, cash, resilience and growth ​

What Our Clients Say

Experience the difference


Perspective Paper

TVO Procurement: Moving beyond the historic orientation on controlling cost in procurement

  • Why Total Cost of Ownership (TCO) is no longer enough
  • Taking a more strategic approach to procurement and value creation
  • Checklist for making the move to Total Value OptimizationTM (TVO)
TVO Procurement Perspective Paper featured image 3-3-22

Sourcing Optimization Success Stories

Driving measurable and sustainable change

Value and savings in a double-digit inflationary global market success story featured image 3-3-22

Driving value and savings in a double-digit inflationary global market

Read Story ➔
Driving Supply Chain Improvements in a Low Margin and Rising Commodity Market success story 3-3-22

Improving EBITDA by 11% in a low margin/rising commodity market

Read more ➔
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“I am happy to report that we were able to accomplish significant savings benefits, gain transparency into our spend and supplier relationships as well as establish the groundwork for sustainable value as a result of Maine Pointe’s Total Value Optimization™ approach."

Richard McEvoy
CEO, Vantage Specialty Chemicals


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