Sourcing & Procurement Services
BENEFITS OF OUTSOURCING PROCUREMENT
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Rope, Soap, and Tennis Balls
Silverback SPS is a supplier with an ability to provide an extremely wide product range. We have sourced and procured all kinds of items for customers.
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Cost Savings
An easy to price and measure model. Customers can outsource their indirect, low value spend and procurement activities, thereby reducing internal costs significantly.
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You Are Different From The Rest
What do you need? Silverback SPS understands that every customer has different and unique needs. Different product needs. Different purchasing practices.
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Our Knowledge.
With over 2000 suppliers in our database, the Silverback SPS team is equipped with an arsenal of sources to help you find the products you need with the best price and delivery.
OUTSOURCE YOUR PURCHASING TODAY.
Tail spend management.
Most suppliers, in an organization, are not a direct part of the business operations. In fact, it is estimated that 80-90% of the suppliers in an organization’s database are non-strategic suppliers - suppliers that account for infrequent, very little, or no spend at all. Since these suppliers are not the “meat and potatoes” of your organization’s spend, their price and service lacks. Outsourcing this spend to Silverback SPS eliminates the need to manage this minimal spend and create time and cost savings. Since Silverback SPS specializes in managing this spend for various large companies, this is no longer a small expenditure, but an aggregated large expenditure spread out over many companies. This translates into lower costs, quicker deliveries, and best service.
Indirect procurement.
Silverback SPS becomes your one supplier. In industry lingo - Your “Total Supplier”. Your organization can optimize your procurement processes by partnering with Silverback SPS for all your indirect procurement needs. This partnership is guaranteed to lower your organization’s internal costs, bring visibility to indirect purchasing and spend, and provide access and control to procurement needs to reduce wasteful spending. The organization’s procurement team is able to focus on direct procurement initiatives that make up the core and most important purchasing and spending. If you want to talk numbers, it is known that 80% of an organization’s spend is direct procurement, while 20% is indirect, low value, low risk spend. However, the 20% of indirect spend can be a huge drain on internal resources as it creates 80% of the work. Let Silverback SPS handle the 20%. That is what we do all day long.
Reduce Your Low Value and Low Risk Supplier Base. Consolidate.
Most organizations have the same problem - too many suppliers. Too many suppliers, too many contact persons, too many Purchase Orders, too many invoices, and just too many touch points. This is also too much in cost. The answer is - Consolidation. Consolidate hundreds of your suppliers into one supplier? Yes. Silverback SPS is your one stop shop for all low value, low risk, non-strategic spend. Your large number of non-strategic suppliers is consolidated into one supplier, and the organization’s purchasing and operational efficiency increases instantly. Too many organizations have their procurement teams busy with work that does not create direct value for the overall procurement strategy. Procurement teams are busy researching and sourcing items that are necessary but low in value or just not bought enough times to warrant a strategic agreement with the manufacturer. Get rid of this operational inefficiency and see total cost savings by partnering with Silverback SPS.
Lower Total Cost of Ownership (TCO).
Yes. Everything we have said above. And that all leads to a reduction in total cost for your organization. Our customers see a 20-30% internal cost reduction after engaging Silverback SPS and the services we provide. Unburden your procurement and financial team today. and contact us.
Warehousing. Logistics. Quality Control.
So far so good. Everything sounds great. It’s all ice-cream and chocolate milkshakes until the wrong item shows up at your door. Then what? Not so fast. With Silverback SPS, your organization gets total peace of mind knowing that our quality controls, checks, and balances are constantly ensuring that the right products get to your doorstep (or wherever you are if there isn’t a door). Items are meticulously checked for accuracy, overages, shortages, and discrepancies. Items, packages, and shipments are properly labeled, tagged, photographed, and documented for efficient and accurate processing in this critical portion of the supply chain. All this is done by our qualified and highly trained warehouse and logistics personnel.
Strategic Initiatives.
Fixed priced agreements, Sourcing agreements, Line Item agreements, Payment agreements, Procure-to-Pay, Source-to-Pay, etc. All the buzzwords of the industry, plus more, and the kitchen sink. We know it. We have it. Whatever strategy fits your organization’s needs can be found at Silverback SPS. The ultimate goal remains simple - make your buying process easy, save cost, create operational efficiency, and do all this with excellent customer centric service. These are the only words that matter.
Join to get access now.
Get access to the Silverback SPS customer portal to upload your item list and receive special discounted pricing, sourcing, and procurement fees. Check us out now!
ONE TIME. LONG TERM.
Sourcing and Procurement Fees can be priced into the cost of items or can be added as a separate line item for one time or short term requirements. If you prefer a longer term commitment, we can lock it in. Our SPS system will automatically add the pre-negotiated fees into your order. Everything is easy for your tracking purposes.
We are here to tailor our service offering to your needs.
Sign up for our sourcing portal today and see how quickly you can have our SPS working for you.
