Source42 Ltd Information

Source42 Over the past three years Source42 has saved its clients over £100 million in supply costs through the utilisation of its specialist eSourcing knowledge, eTools and methodology. The eSourcing technique is now the de-facto standard for utilisation and implementation by the procurement function across all business sectors. Source42 has achieved an all product category average saving of 29.4% for its clients - with a maximum of 65% in the stationery category. The overall figure for cost reduction generally recognised as a consequence of the use of eSourcing techniques is 15% to 50% across all product categories and business sectors. Our eSourcing platform operates in 68 languages simultaneously, is fully multi-currency enabling us to manage globally eSourcing projects, running international tenders and eAuctions. The approach of Source42 is to work alongside the staff of the client company in order to enable them to achieve their own capability and skills in eSourcing techniques. We have sound sector experience and have worked with clients to develop their procurement strategy and capabilities. Through the application of our state of the art world class eTools Source42 can support the staff of its clients in :- * Analysis of category spend areas * Administration of eTenders * Supplier evaluations * eAuctions These exercises are undertaken without comprising supplier relationships. Source42 can play a significant role in supporting the continued development of our clients business through enhanced procurement cost management. Furthermore Source42 can provide a streamlined and financially effective contract negotiation platform that has a proven ability in managing down supply costs. The eSourcing platform utilised by Source42 limits the manpower required in sourcing goods and services and reduces the negotiation cycle from months to weeks.