Sourcing

ADR’s approach to sourcing

ADR consultants have expert knowledge of hundreds of direct and indirect products and services. Clients looking for cost savings in a specific area or project use ADR’s expertise to analyze their situations and make specific buys for the client.

For example, a company starting a new line of products may need a significant number of suppliers for new components. Other clients may recognize they have issues with specific spending categories, or face a temporary shortage of staff skills internally. Most situations require one of five related approaches:

• Category Strategies – ADR identifies a specific strategy for each category of spend, depending on how difficult it is to source and how critical it is to the company’s revenue stream.
• Strategic Sourcing - When a category represents a significant part of a company’s outside spend or is critical to the operation of the company, ADR consultants will set up deeper relationships with key suppliers that can last through one or more complete product cycles.
• Supplier Relations - It takes mutual trust and open communication to engage and nurture strategic supplier relationships. ADR consultants build those relationships and transfer the skills to maintain them.
• Offshore Strategies – Establishing offshore supply chains can create great uncertainties and risk. Our offices and partners operate in all regions of the world and with particular expertise in the low-cost countries of Asia Pacific and Eastern Europe.
• Risk Management – Too many companies have learned they were exposed to risks only as they faced disasters. ADR’s consultants have the experience and knowledge to anticipate risks and manage plans to mitigate them.

As they work ADR consultants can help clients identify and meet specific cost reduction goals, create systems and relationships with key suppliers to build in long-term savings and transfer knowledge to internal staff that can sustain continual improvements over time.

ADR’s consultants have reduced costs, created strategic relationships and mitigated supply risks in every area of spend.