Reduce overheads and operational risk: high operating costs and staff attrition are the main challenges to the effectiveness of small procurement offices with below ten staff. Through outsourcing your procurement and sourcing to SDB you can immediately reduce your overheads and risk whilst gaining access to SDB Sourcing’s scale.
Increase productivity and capabilities through wider category expertise and strong process capabilities.
Procurement outsourcing ensures rapidly scaling global sourcing capabilities when your business is growing whilst managing for localisation requirements.
Ease the process of finding top-quality suppliers: An important part of optimizing costs is partnering with high-quality suppliers who will provide goods and services at your desired budget. Our procurement specialists can help with sourcing the right suppliers and also take care of the onboarding process. With these suppliers, you can control costs as we will assist you in negotiating better bulk purchasing rates. Working with high-quality suppliers will also impact other areas, such as boosting diversity spend and improving corporate sustainability. All of these areas eventually result in improved employee and customer experience, and therefore, better ROI.
Assisting in the identification of cost-cutting opportunities: Procurement outsourcing with SDB can help you cut unnecessary expenses by centralizing and streamlining spending. Our team will look at your organization as a whole and purchase the goods and services that you need on your budget.
Market volatility causes significant challenges to procurement managers. To deliver value to the business it is critical to have insight into the current cost and market dynamics of key categories & raw materials. This gives managers early warnings of potential market risks. With so many sources of information available, SDB rapidly filters out what is relevant to support effective decision making. From a one off market analysis to support your strategy development, to regular price forecasts to inform buying decisions, SDB can give you competitive insight:
Comprehensive primary and secondary sources:
Valuable insight comes from interrogating both primary sources such as suppliers, and industry experts, and secondary sources such as industry publications, databases and associations. Through SDB’s growing network of industry contacts and supplier databases we gather multiple viewpoints to increase the depth and reliability of the intelligence.
Local insight with global reach:
Globalization of markets comes with increased risks and opportunities. To sustain competitive advantage, it is necessary to consistently integrate both global and local intelligence. SDB meets this challenge through its network of operations that span the key markets of Asia and Africa.
Procurement Intelligence :
Discovering market opportunities
Making informed buying decisions
Conducting effective negotiations
Clarifying supply chain risks