Background: To leverage its massive purchasing power for the procurement of raw materials, this CTS Impact client needed to formalize its sourcing process for certain goods and services through a strategic sourcing program.

CTS Impact Solution:

  • Analysis
    • Perform risk assessment
    • Define requirements & key metrics
    • Vendor analysis of commodity families
    • Vendor negotiation assistance
  • Design and implement
    • Conduct pilot of selected providers
    • Select preferred providers
  • Monitor compliance & performance
    • Develop Access database tracking tool to monitor vendor compliance and performance