Deliver high-impact results for complex, business critical categories for Packaging.
For many years, sourcing managers have successfully used strategic sourcing techniques to drive savings in strategic spend categories. Under increased pressure to deliver incremental savings and service improvements, sourcing managers must look for new approaches to working with their supply base, particularly in their largest, most complex categories like packaging materials.
For packaging (where print quality and copy control can be crucial, spend can be large, stakeholders have concerns which must be reconciled, and where making mistakes can be costly), traditional approaches to sourcing may not suffice. While a simple price leveraging approach may yield short term results in some markets, buyers who seek out innovative techniques for managing costs and maintaining critical supplier relationships will see a more lasting impact. Unfortunately, executing such approaches can prove challenging for organisations as the scale and complexity of their projects increase.
Our Answer? BravoAdvantage SourcingPlus Categories for Packaging moves beyond traditional sourcing approaches to deliver software tools and targeted services that enable your packaging sourcing teams to fully understand the economics of your suppliers’ manufacturing platforms, and which balances supplier capabilities and interests with buyer business constraints and preferences. Flexible packaging, rigid packaging, corrugated, and folding cartons, for example, are packaging categories that each have a unique cost formula and require a distinct sourcing strategy.
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