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STRATEGIC SOURCING AND
MARKET ENGAGEMENT

August Consulting helps organisations to develop targeted sourcing and procurement strategies to deliver sustainable cost reductions.

Strategic sourcing provides an opportunity to:

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  • Review current performance and requirements (internal and external)

  • Investigate industry trends and gather market intelligence

  • Ensure a competitive position in the market

 
This activity connects data collection and spend analysis, market research, supplier negotiations and contract management to deliver on strategic objectives​.

Meeting

APPROACH

  • Definition of scope and stakeholder engagement

  • Definition of procurement market approach, planning and strategy

  • Preparation and issuance of market engagement documents

  • Manage market engagement activity

  • Preparation of evaluations, negotiations and recommendations in collaboration  with the client

  • Contract award

Handshake in the Office

DELIVERABLES

  • Procurement sourcing strategy with objectives and benefits forecast

  • Go-to-market approach

  • Evaluation and negotiation plans

  • Supplier response scenario modelling and recommendations

  • Contract documents ready for execution

  • Clear procurement outcomes and benefits with ability to measure ongoing performance

Delivery Van

"Strategic advice
and improved commercial outcomes"

Find out more
in our latest case study

Want to discuss how could this look like for your business?

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