Rosslyn Analytics’ approach to strategic sourcing is derived from our standard strategic
sourcing methodology, which is a procurement process that continuously improves
and re-evaluates the purchasing activities of a company. The following
process is used to evaluate and select a strategic sourcing strategy or sub-category:
The first phase of this process is a pragmatic, experienced-based analysis of a
company’s data in order to verify, validate and identify opportunities that will
lead to a structured savings delivery program. The intelligence from rapidinte.com
is ideally suited for this enabling visibility of opportunities to drive the realization
of savings through the use of accurate data to applying to the other phases of the
sourcing processes in successive waves. Rosslyn Analytics’ methodology delivers
savings through sourcing strategies like volume and supplier consolidation, product
specification improvement, best price evaluation, and competitive global sourcing.