Have you ever heard the old saying, “Money left on the table?" That’s exactly what North American organizations are doing when they fail to use strategic sourcing activities to source MRO materials. Conservative estimates have shown effective strategic sourcing has led to reductions in spending ranging from 15% - 25%. Furthermore, la
rger companies place more emphasis on sourcing strategies for office supplies rather than critical spares. I have yet to visit an organization that carries more ink cartridges and post-it notes than the value of a typical MRO Storeroom.
Here are a few things to think about and review before heading down the path of strategic sourcing.: