SK Live Site

I. Specialty Sourcing Services:

• Diversity Sourcing
• Green Sourcing
• Services Sourcing

Supply Knowledge™ Services are very cost effective. In fact, Members can save both time and money. By directing portions of a company’s workload to dedicated Supply Management professionals, the company can free itself from costly binding volume contracts or commitments. Through effective utilization of Supply Knowledge™ Services the company can convert fixed cost of employee overhead into a variable, pay-as-used cost. Supply Knowledge™’s professional procurement resources can also be used as the buffer for workload spikes so that excess workload can be offloaded to seasoned Supply Management professionals. This strategy allows a company to focus on its core competencies and strategic objectives while Supply Knowledge™ professionals do what they do best, that is manage suppliers and procurement processes.

II. Procure-to-Pay Services

• Operational Procurement
  • Support requisitioning and approval by customers
  • Review incoming requisitions for accuracy & completeness
  • Transmit PO to appropriate supplier
  • Forward acknowledgements
  • Integrate data and performance metrics
• Invoice Reconciliation
  • Reconcile vendor invoices with PO
  • Support Electronic Payment Processing
• Reporting, Analytics and Dashboard

III. Strategic Sourcing Services:

• Spend Analysis
  • Cost Reduction
  • Supplier Rationalization
  • Commodity Benchmarking
• Sourcing
  • Supplier discovery
  • Supplier evaluation
  • Supplier selection
  • Request for Information, Proposal or Quotation (RFI, RFP, RFQ)
• Supplier Measurement & Scorecards