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Recognized by Gartner, Spend Matters and Supply and Demand Chain Executive
Complete more strategic sourcing projects without adding procurement headcount.
K2 Sourcing combines experienced strategic sourcing professionals with a proven strategic sourcing platform to plan, manage, analyze and negotiate your RFPs, RFQs and reverse auctions.
Your team gains the benefits of advanced eSourcing technology without installing software, learning another application, training suppliers or managing the administrative workload. You provide the business requirements and retain control over supplier selection. K2 Sourcing manages the process.
One managed process from planning through closure
Experienced project leadership and technology working together.
The capacity challenge
Most procurement teams do not lack opportunities. They lack the capacity, technology or independent process support needed to execute them effectively.
Important RFPs and RFQs are delayed because buyers are supporting daily operational demands. Supplier agreements renew without sufficient competition. Strategic sourcing professionals spend hours following up with suppliers, consolidating spreadsheets, organizing stakeholder feedback and preparing comparison reports.
Even organizations that own a strategic sourcing application may struggle to gain its full value when occasional users must learn the technology, build projects, train suppliers and manage every step independently.
K2 Sourcing adds experienced RFP management and reverse auction capacity exactly when it is needed. Your team can complete more strategic sourcing projects, respond to stakeholder demand and improve supplier decisions without adding permanent headcount.
Add execution support without recruiting, training or carrying excess permanent resources.
Measurable business outcomes
Clients receive a structured process designed to improve savings, reduce cycle time, remove administrative work and provide flexible strategic sourcing capacity that can expand or contract with business demand.
Organizations proficient in eSourcing technology can achieve greater savings than organizations relying primarily on traditional processes.
When the category, market conditions and supplier participation are appropriate, professionally managed reverse auctions can outperform Excel and Word based negotiations.
Structured workflows, proven templates, supplier engagement, automated response management and organized stakeholder evaluation accelerate completion.
K2 Sourcing manages the technology and operational workload so internal buyers can focus on decisions, implementation and savings realization.
Add strategic sourcing resources when stakeholder demand increases, then scale back when project volume declines. K2 Sourcing can support one urgent RFP, several simultaneous projects or a continuing pipeline of strategic sourcing work, without the delay, cost or long term commitment of a permanent hire.
People and technology together
Additional labor alone does not create a consistent strategic sourcing process. Technology alone does not plan the project, engage suppliers, clarify responses, facilitate stakeholder discussions or negotiate final business terms.
K2 Sourcing combines experienced strategic sourcing professionals with the K2 Sourcing strategic sourcing platform. The same professionals managing your project use the technology every day.
There is no software installation, implementation project or requirement for buyers and stakeholders to become application experts.
Project leadership, supplier support, structured evaluation, commercial analysis and complete visibility.
Advanced eSourcing technology without asking your team to install, learn or administer another application.
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