Managed Services

Sourcing Desk

Leading sourcing projects, category management and supplier compliance oversight for all spend portfolios in any industry.

Make Sourcing a Competitive Advantage

Sourcing Desk
Achieve More Savings & Value For Every Dollar Spent With Strategic Sourcing Outsourcing

Velocity’s Sourcing Desk capabilities are much broader than those of other sourcing outsourcing providers. Our proprietary mix of analytics and sourcing methods, talent and supporting infrastructure and sourcing strategy align with our clients’ business goals. We hit the ground running and deliver greater savings and value from day one.

Make Sourcing a Competitive Advantage

Program Management Activities

  • 01

    DESIGN
    Analyze and develop strategy for program
  • 02

    BUILD
    Draft process, policy, SOP and guide tools
  • 03

    PLAN
    Develop rollout plan, communications and training approach
  • 04

    PILOT
    Implement a key user group pilot to assess readiness
  • 05

    DEPLOY
    Implement program enterprise wide according to plan
  • 06

    DRIVE
    User onboarding, training and communications
  • 07

    MANAGE
    Establish KPIs and VOC capabilities to ensure continued adoption
  • 08

    IMPROVE
    Formalize knowledge capture and continuous improvement plans

    Ready to begin your Procurement transformation?

    Our Sourcing Capability & Delivery Approach Is Flexible At Its Core

    These services include leading sourcing projects, category management support and supplier compliance oversight for all spend portfolios. In most cases these services encompass scheduled and detailed analysis of transactional spend and supplier data, execution of formal strategic sourcing methodology, and managing supplier quality, contract and service performance data.
    ANALYSIS
    Effective spend analytics and reporting provide clients with necessary tools to manage savings compliance and mitigate spend leakages.
    INTELLIGENCE
    We deliver industry best practices, category expertise, tools and templates that have been developed across diverse industries to produce results.
    EXECUTION
    Our sourcing team possess the expertise, efficiency and savvy to lead sourcing projects through the entire lifecycle, including commercial negotiations.
    ALIGNMENT
    We effectively work with client stakeholders to ensure alignment to our clients establish portfolio and commodity strategies.

    The Basics of the Sourcing Desk

    We customize our rigorous operational sourcing model to the unique needs, categories and geography of our clients.

    Our flexible resource model allows for the right resources to support our clients’ unique savings needs and goals.

    Comprehensive MDM and spend analytics that produces useable and actionable reporting without the internal grind of data manipulation.

    Clients’ supplier management philosophy and priorities are unique. Our approach can be customized to maintain consistency with their vision.

    We enable a comprehensive supplier management capability or address the targeted supplier management needs with scorecards, performance administration, risk tools and others.

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