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Source One Management Services Receives SDCE 100 Award for 2013 Source One Wins Supply Chain Excellence for Eighth Consecutive Year
Date:5/13/2013

upply Chain function and supply chain executives at their customers' and clients' position attain supply chain excellence," said Barry Hochfelder , Editor for Supply & Demand Chain Executive.

This year, Source One was recognized for deploying as an extended procurement department for a large pharmaceutical company, helping them rein in spending and gain a tighter control of their supply chain, while also offering Decision Support to the company's stakeholders. After seamlessly assuming the strategic sourcing role from the company's overwhelmed in-house team, Source One quickly provided the resources to support multiple projects in categories ranging from IT to Marketing & Sale. In the first eight months, Source One has overseen 70 separate projects for this client, analyzing more than 1,000 contracts, managing $28 million in spend, and realizing over $5 Million in savings..  In just a short period of time, the strategic sourcing function has embedded itself in the culture of the organization. Stakeholders and spend owners from all over the world are requesting support from the newly formed Strategic Sourcing and Procurement Center of Excellence.  

 "The success of this project was largely due to the teamwork between the pharmaceutical company's executive committee and Source One, with excellent support from the stakeholders.  As a direct result of Source One's efforts as their strategic sourcing and procurement department, our client was able to utilize best-value suppliers, cut its operating costs, and enjoy savings from existing suppliers," said Joe Payne , Vice President of Professional Services.

Supply & Demand Chain Executive Magazine is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management profess
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SOURCE Source One Management Services, LLC
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