Add the Strategic Sourcing Resources Your Team Deserves
When procurement teams need to take on more and move faster, K2 Sourcing provides expert people, enabled by strategic sourcing technology, to reduce stress and keep results on track.
Too Much Sourcing Work, Not Enough Bandwidth?
Procurement teams are under immense pressure to deliver more with less. According to Deloitte, sourcing workloads are
projected to grow by 26% without corresponding budget increases.
Talent shortages
Talent shortages are limiting
bandwidth and slowing strategic
initiatives
High turnover
High turnover is disrupting continuity
and increasing the burden on
remaining staff
Cost pressure
Cost pressure is rising, with
expectations to deliver more value
across the business
Strategic sourcing demands
Strategic sourcing demands are
increasing in volume, speed, and
complexity
Category complexity
Category complexity is growing due
to tariffs, geopolitical shifts, and
regulatory change
Supply chain disruptions
Supply chain disruptions are creating
constant firefighting and new risk
mitigation work
Teams are expected to cover more ground, respond faster, and manage higher risk often without the internal capacity to do so.
K2 Sourcing helps expand your team’s capacity, reducing stress and keeping results on track.
Where K2 Sourcing Helps Strategic Sourcing Teams
K2 Sourcing supports your team by taking on high-effort, high-impact sourcing tasks so your team can move faster and focus
on strategy without adding headcount.
opportunity prioritization
Sourcing pipeline development and opportunity prioritization
Global sourcing
Global sourcing with local presence in 14 countries
Supplier discovery
Supplier discovery across direct materials, items for resale, private label, etc.
RFP and RFQ management
Including event setup, supplier support, and bid tracking
cost modeling
RFP creation and total cost modeling optimization
trend support
Market intelligence and trend support
onboarding
Supplier transition and onboarding assistance
Sourcing project
Sourcing project management and stakeholder coordination
prescreening
Supplier prescreening, qualification, and NDA coordination
Negotiation strategy
Negotiation strategy development and supplier communication
Reshoring
Reshoring, nearshoring, and friend shoring—including identifying alternate sources outside of China.
New product sourcing
Finding the right supplier for a successful launch
These are the most common ways we support our clients. If you're facing a sourcing challenge, chances are we’ve helped
solve it before.
How K2 Sourcing Rapidly Expands Your Capacity
K2 Sourcing enables your procurement team to scale swiftly and efficiently by providing
Immediate Access to a Full Sourcing Team:
Gain the support of experienced category managers, project managers, analysts, and
global supplier coordinators, all ready to integrate seamlessly with your existing team.
Global Reach with Local Presence:
Leverage our extensive network spanning 14 countries, ensuring localized support to
get high supplier engagement.
Extensive Supplier Database:
Tap into our database of over 250,000 suppliers, facilitating rapid identification and
engagement with vendors across various categories.
Tech-Enabled Strategic Sourcing Platform:
Utilizing our cloud-based application featuring RFP management and reverse auction
capabilities, allows us to be 50% more efficient than teams not using such solutions.
Best Practices RFP Templates:
With over 200 customizable RFP templates and stakeholder questionnaires, your team
will make more informed decisions.
Proven Repeatable Process:
Over 19,000 sourcing events across $10 billion in spend executed on the platform.
Repetition creates excellence.
Flexible Engagement:
Models: Clients have the ability to scale up, down, or across categories to build agility and
support fluctuating demand without adding permanent headcount.
By integrating our resources and technology, K2 Sourcing empowers your team to handle increased
workloads, navigate complex sourcing challenges, and achieve strategic objectives without the
need for additional internal hires.
Augmenting Your Team With K2 Sourcing Immediately Helps
By augmenting your team with K2 Sourcing, you gain immediate advantages that
drive measurable impact across your strategic sourcing function:
Build capacity and agility to support fluctuating demand
Improve savings generated by 5% to 25%
Fill resource and expertise gaps within the procurement team
Leverage best practices in eProcurement and eSourcing
Boost team morale by relieving administrative burden
Improve the procurement team's stakeholder customer service score
Execute sourcing events in half the time than with internal resources
These advantages position your team to move faster, deliver greater value, and focus on strategic priorities that drive long-term impact.
Examples of Expanding Procurement's Capacity
These four case studies are an example of the impact K2 Sourcing delivers. Your situation may be
different. Contact us for examples more relevant to your goals.
A midsize designer and importer of consumer products needed to understand the impact of tariffs and determine globally qualified suppliers so they could shift the supply chain rapidly as the need arose. Using K2 Sourcing’s strategic global sourcing support, we worked with their category leaders to quickly develop a strategic sourcing plan. We then provided the team members and technology to rapidly identify suppliers across the globe, execute RFPs, and analyze total cost models. After reviewing the information, some products are already being moved, while other suppliers are being qualified and movement will depend on how tariffs change. The key is, using K2 Sourcing's technology enabled team, they became rapidly ready for any government policy changes.
A billion-dollar manufacturer had a capable strategic sourcing team but lacked a sourcing platform and didn’t have the bandwidth to meet growing demand. K2 Sourcing became their sourcing center of excellence, providing supplier discovery and sourcing event execution for direct materials, professional services, indirect materials, and transportation. The result: improved manufacturing costs, a more relaxed team, consistent execution, stronger competition, accelerated savings, and an annual ROI over 1,000%.
A midmarket manufacturer brought in a seasoned procurement leader who faced a major challenge—no strategic sourcing team and a decentralized organization unaccustomed to involving procurement. With no budget to build a team, the leader trusted K2 Sourcing to work with stakeholders to define needs and execute RFPs. With our team and technology platform in place, they achieved over $1 million in cost savings in under six months, established credibility, and expanded procurement’s influence across the organization.
We supported a global brand in bringing power drill manufacturing back to the United States. The bill of materials included injection-molded parts, stamped metal components, electronics, etc. K2 Sourcing led a comprehensive search across the U.S. and Mexico, evaluating hundreds of supplier candidates. Our team identified viable options for each component, enabling the client to construct a reliable regional supply network. The result: a successfully reshored tariff free product proudly carrying a Made in USA label.
What Clients Say
"The findings of K2 Sourcing allowed our organization as a whole to see immediate gains as well as long-range savings impacts."
Ralph Hardt, President, Jagemann Stamping
"Greatly appreciate the work completed by your team."
Jim Denomme, COO, MTL Holdings
"K2 Sourcing helped save the company millions of dollars."
Richard Odell, Commodity Manager, PerkinElmer
"K2 Sourcing went beyond any kind of expectations of myself and Big Lots."
Adam Bauer, Commodity Manager, Big Lots
"K2 Sourcing has produced cost savings results on every project that I have worked with Them on."
Al Eilers, Procurement Leader, RocklineEasy for Leadership to Approve
Choose K2 Sourcing because of the low risk and fast return on investment.
K2 Sourcing starts making an impact on day one—providing immediate relief for your team and momentum toward your goals.
Typical payback in
60–90 days
30-day cancellation for
flexibility and low risk
No added headcount
Clients typically
realize over a 600% ROI
Compare Your Options for Expanding Strategic Sourcing Capacity
When your team needs more bandwidth, there are a few common paths: hiring internally, engaging a
large consulting firm, or partnering with a sourcing support provider.
| Features | K2 Sourcing | Internal Hire | Large Consulting Firm |
| Solution | Flexible solution with heavy focus on superb execution | One resource, single category or generalist role | Limited flexibility, focused on planning/advisory |
| Stability | Rapidly scale as needed | Not scalable | Painful change orders |
| Risk | Cancel anytime | Medium risk (one person dependency) | High risk (rigid terms) |
| Speed to start | Immediate | Slow (recruit/onboard) | Moderate |
| Value | Low cost, high-value | High cost | Very high cost |
Let’s discuss
Let’s discuss how we can support your team. Contact us today
to explore a tailored strategic sourcing solution.
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