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Sample Savings by Category
Strategic Sourcing and Procurement Services
Source One can be considered your Procurement General Contractor.
With Source One, you do not need to manage multiple companies for your Strategic Sourcing Initiatives.
We average 18% savings across all spend categories. In most cases, clients do not need to switch suppliers.
Source One focuses exclusively on Strategic Sourcing, and through our internal resources and massive network of partners, we have the single source solution to every procurement requirement that your business may have.
Source One is committed to increasing visibility of procurement projects and assisting in the development of procurement best practices. To assist in leading this initiative, Source One has released a free whitepaper titled “Advanced Strategic Sourcing and Supplier Engagement.”
From Benchmarking to complete Procurement Process Redesign Services, Source One has the resources to help you get the job done.
Examples of Savings Achieved through Strategic Sourcing
Recent strategic sourcing projects with our clients have averaged 18% savings across all commodities.
Below are sample categories, commodities, and average savings percentages that we have collaboratively produced with our clients and their suppliers:
Category |
Savings |
Category |
Savings |
| Advertising | 16% | Marketing | 19% |
| Awards & Promotional Items | 24% | Market Research | 50% |
| Background Checks | 28% | Merchant Accounts | 23% |
| Banking/Finance | 17% | MRO Services | 12% |
| BPO Services | 7% | MRO Supplies | 19% |
| Cafeteria Services/Food | 5% | Multi-functional Devices | 25% |
| Chemicals | 15% | Natural Gas | 9% |
| Collections Outsourcing | 18% | Office Furniture | 12% |
| Construction Materials | 8% | Office Supplies | 14% |
| Containers | 16% | Packaging Supplies | 11% |
| Corrugated | 12% | Payroll Services | 11% |
| Data Analytics | 7% | Printing & Forms | 13% |
| Direct Materials | 8% | Propane | 25% |
| Electricity | 8% | Publications & Newsletters | 27% |
| Equipment Leasing | 5% | Recruiting | 8% |
| Facility Maintenance | 20% | Relocation Services | 9% |
| Fleet Management | 12% | Security Services | 8% |
| Fuel | 8% | Small Parcel | 17% |
| Hazardous Material Removal | 20% | Software | 28% |
| Industrial Equipment | 12% | Telecom Equipment Leasing | 24% |
| Ink & Toner Supply | 18% | Telecommunications Services | 28% |
| Insurance | 12% | Temporary Staffing | 24% |
| Invoice Outsourcing | 11% | Transcription & Translation | 14% |
| IT Services | 11% | Travel | 12% |
| Janitorial | 18% | Truckload Freight | 12% |
| LMS/Training | 34% | Uniforms | 28% |
| LTL Freight | 23% | Waste Removal | 14% |
| Lubes & Greases | 8% | Wireless | 30% |
reading |
Super League |
the weather |
Second-hand housing |
Foreign exchange |
Information |
the weather |
Second-hand housing |
aviation |