Global Sourcing Services
Extend your team's reach and capacity with budget friendly expert global sourcing services. Mitigate risk, lower costs, and build the right category strategy. Contact K2 Sourcing today.
Competitive Total Cost
K2 Sourcing helps global sourcing and DMM professionals find $10 Billion in annualized quality goods and services, resulting in over $1 Billion in savings.
Mitigating Global Sourcing Risk
With language barriers and time zone differences, communication can be difficult. Understanding ever-changing tariffs and geopolitical risks is challenging. When comparing suppliers from different countries, value models that analyze factors like longer lead times and inventory, transportation and duty costs, disruption risk, and responsiveness can be difficult to build. Our automated Strategic sourcing platform has you covered.
A Unique Strategic Approach
K2 Sourcing offers a unique integrated human and technology global strategic sourcing solution that provides unparalleled value to procurement leaders and global sourcing professionals.
Value Reports with Cloud Source
The K2 Sourcing application, Cloud Source, captures supplier information via customizable RFP templates and automatically creates total cost and value reports that balance cost, risk, and cash. Sorting through the value proposition of large pools of suppliers to determine the best award is simplified reducing many hours of manual report creation.
K2 Sourcing has team members in the following countries:
China
India
Mexico
Brazil
Vietnam
Thailand
Malaysia
Singapore
Turkey
South Korea
Taiwan
Poland
United States
Canada
K2 has helped over 100 companies refine global sourcing strategies for $10,000,000,000 dollars of goods and services.
K2 has helped over 100 companies refine and execute their global sourcing strategies. Our system and team has helped global sourcing teams review over $10 billion dollars of spend and $1 billion in savings across hundreds of direct materials and BPO services.
Examples include with injection molding, stampins, casting, machined products, chemicals, items for resale, private label, call-center and back-office outsourcing, ocean and air freight, helpdesk, application development, and more. Contact K2 Sourcing for a free consultation and discussion of your unique category requirements.
This experience has allowed us to provide:
Lists of suppliers from over 250,000 participants in over 19,000 RFPs.
Hundreds of RFP templates that capture total cost and service variables
Stakeholder interview checklists ensure the right information is gathered
A successful repeatable transparent RFP process
A measurable process that clearly proves outcomes
Specialized commodity teams comprised of advisors, project managers, and analysts
An RFP application that makes the global sourcing process easier and more effective
A measurable process that clearly proves outcomes
Augmenting your global sourcing team with K2 Sourcing immediately helps:
Improve savings generated by 5% to 25%
Fill the procurement team resource and experience gaps
Accelerate generation and realization of savings
Find the suppliers that can best support your business objectives
Introduce the company to huge pools of potential suppliers
Provide global sourcing access with local support in 14 countries
Shrink RFP review cycles by as much as 50%
Mitigate supply risk using the right award strategies
Understand supplier ESG, including scope 3, accomplishments
Access market intelligence
Launch new products faster
Reduce your operating costs
Promote a cost-conscious and value-driven culture
Utilize best practices such as eprocurement and esourcing
Reduce pesky time-consuming introductory sales calls
Increase team morale
Allow leaders to react rapidly to changing resource needs
Why K2 Sourcing?
Immediate Access to Top-Notch Strategic Sourcing Team
Be it global sourcing, low-cost country sourcing, best-cost country sourcing or you want to compare offshoring versus reshoring or insourcing versus outsourcing, single versus multisource awards, Utilizing K2 Sourcing provides immediate access to top-notch talent, resources in 14 countries, our award-winning RFP and reverse auction technology and templates, global supplier lists, and world class strategic sourcing processes.
30-Day Cancellation Clause
With a 30-day cancellation clause, there is minimal risk to access the accumulated experience from K2 Sourcing team members that have run thousands of global strategic sourcing engagements.
Best Practice Technology
The eSourcing platform generates 5%-8% greater savings than manual ngotiations states Gartener research. You don't need to learn new software as we execute for you. If you'd ike to watch in real-time, we will include view only seats for your team. The platform amplifies speed, finds higher value suppliers, and increases the likelihood of a good decision. Schedule an introductory call with K2 Sourcing today.
K2 Sourcing's Clients Rave About the Results and Value
Have a question about our sourcing services or application? Give us a call or fill out the form and we’ll be in touch shortly.
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+1 (877) 824-9809