Source to Contract Outsourcing Service
Organizations struggle to overcome the complexities of procurement and are under constant pressure to reduce costs and boost efficiency. Large organizations are successful with an efficient team and total control over their spend. However, they must not stagnate and should look for opportunities to increase their year on savings. We have worked with businesses of all sizes and industries and helped them with efficient solutions.
GainEdge offers source to contract (S2C) outsourcing services to address all your procurement needs. We can help control the planning of all source to contract processes of your organization starting with RFx, auctions, negotiations, till the contract generation.
RFx is a common term for various actions that we provide in our strategic sourcing and procurement services like Request for Proposal (RFP), Request for Quote (RFQ), Request for Bid (RFB), Request for Information (RFI), etc.
What we do
Analyzing the patterns of spend and compliance regulations, GainEdge can help you with suggestions to improve decision-making, processes, and identify new saving avenues. Our consultants then build strategies for specific categories. We then review, evaluate the existing contracts to deliver greater visibility to you on where and with whom you are spending. We also give you an insight into how effective your spend is.
Once the analysis is done and reviewed, we make our recommendations on ways to improve sourcing and contracting processes. The methodologies include supplier identification, run sourcing measures such as issuing and evaluating RFx, shortlist suppliers, and do a selection. Then starts the negotiations of contracts.
The clients have total control over the process. We select and recommend but the final decisions are yours. The clients decide which supplier they are comfortable with, which procurement plan to choose, which to start first, the terms & conditions to agree, and anything similar.
GainEdge consultants will not interfere in your selection. They will provide you with details of each negotiation with the suppliers to enable you to decide. We can help you eliminate the risk of maverick spend by suggesting new suppliers and benefits you can get by contracting with them.
After the contract signing is completed, it is important to make sure the process is taking place as per what is agreed upon. It is necessary to manage the supplier compliance and ensure that the clients are getting the maximum value out of the contract. We manage your contracts for you, keep a track of renewals and refunds, maintain contract compliance and reporting.
Category management services
Most of our clients trust our category management services for non-core activities. We take complete responsibility which enables them with more time and resources to focus on core services. We offer comprehensive solutions to total procurement processes. Our well-trained category experts have the confidence and the ability to deliver remarkable savings while improving the supplier relationship and their performance at minimal risks.
Partnering with GainEdge to manage the everyday tasks of procurement enables you to reallocate your team with new responsibilities and focus on strategic matters.