Sourcing

Sourcing is the process of identifying new suppliers / vendors, raw materials for new products etc. This includes activities such as getting supplier / vendor supplier information, uploading the information into the system, defining pricing, lead time, minimum order requirements etc. In most instances, it is a one-time process; however parameters such as price etc. are variable and changes according to supplier requests.

Procurement is a repetitive process involving placements, confirmations and follow-up of orders with suppliers until delivery.

Given the growth of the global market, sourcing and procurement processes have become more complex for business due to various geo-cultural and language differences. To eliminate these issues, and address spend and additional cost savings to the bottom line, it is important to have a highly efficient sourcing services model.

At Sisko Group, we believe strategic sourcing is a process in which we harness the skills of the supply industry to best optimize sustainable and competitive advantages for our customers. This is accomplished by developing a secure and responsive supply base that is capable of providing quality, delivery, costs, technologies, flexibility and services to meet the current and future business needs of our clients.