Procurement Transformation Delivers More Than Savings for Logistics

Provider

Source One specialty logistics engagement earns a spot on Supply and Demand Chain Executive’s
Top 100 Projects list.

Willow Grove, PA, June 26, 2019 --(PR.com)-- Once again, Supply and Demand Chain Executive
(SDCE) has honored Source One, a Corcentric company with a spot on its Top 100 Supply Chain Projects
list. The annual list recognizes the consultants and practitioners behind the year's most innovative
procurement and spend management initiatives.

2019 marks the thirteenth year SDCE has included Source One on their list. This year, Source One is
recognized for executing a successful Procurement Transformation on behalf of a specialty logistics
carrier.

Prior to engaging Source One's logistics category managers, the carrier had allowed stakeholders at the
site level to select their own air freight suppliers. As a result, it historically failed to build strategic
partnerships and leverage its combined spend for additional incentives. Facing increased competition in
its niche, the provider was particularly eager to optimize its fragmented supplier network, reduce costs,
and begin realizing soft cost benefits.

Employing a cutting-edge eSourcing tool, Source One quickly analyzed more than half a million rows of
historical lane data, identified partners capable of providing highly-specialized services, and carried out
the negotiations. Ultimately, Source One secured savings of 25% across the air freight category.

“While these savings results were impressive,” remarks Source One Director Jennifer Ulrich, “they tell
less than half the story. At the end of this engagement, our Procurement Transformation team provided
the client with a Contract Negotiations playbook. Offering a wealth of best practices, it should help them
enter future negotiations with more confidence and build long-lasting, mutually beneficial partnerships
for years to come.”

SDCE's announcement comes mid-way through what has already proven an exciting year for Source
One's Procurement Transformation team. The recognized experts are currently publishing a five-part
series focused on optimizing each of the function's essential pillars. They have already shared their guides
for talent management, process optimization, and reporting. Future installments of Building an Effective
Procurement Organization will address the technology landscape and the evolving nature of
Procurement's role.

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Contact Information:
Source One, a Corcentric Company
Bennett Glace
267-913-6275
Contact via Email
www.sourceoneinc.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/788175

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