Supplier Management and Sourcing

Recent studies indicate that cost reduction and risk management  remain top priorities for most procurement executives.  Many purchasing organizations are also seeing challenges in attracting and developing teams that have the skills to execute on their procurement strategy. 

A periodic, robust, evaluation of suppliers, including their cost structure as well as the level of support and expertise they deliver is critical in order to establish sustainable supply chain cost competitiveness.  

 

FBC approach

Driving the development of sourcing strategy, conducting rigorous cost analyses, executing efficient and effective RFQs, and assessing your supply chain risk exposure are just a few of the ways that we can help our clients remain cost competitive.  

 

Bottom line

Our approach to supplier management brings engineering, purchasing and other key executives together to identify, prioritize and deliver meaningful cost savings that also support the strategic, long-term, objectives of the business.