KNOXVILLE, Tenn., Feb. 2, 2017 /PRNewswire/ -- In today's marketplace, procurement teams face a slew of challenges; the most pressing often focused on how to reduce cost quickly and efficiently.
Sourcing Business Solutions does whatever it takes to reduce costs and add value to client businesses. The company generates high client ROI, accelerates new savings, and takes the pain out of finding hidden value in procurement operations.
Sourcing Business Solutions, led by Bryan Eaves, takes the pain out of finding hidden value in procurement operations. Eaves holds certifications as a CPA, CPSM, and C.P.M, along with an MBA from Samford University, all which come together with a robust track record of experience in implementing strategic sourcing and procurement best practice concepts to benefit companies needing to reduce costs.
"Sourcing Business Solutions does whatever it takes to reduce costs and add value to our client's businesses. Executing with the right suppliers and generating creative competitive bids, I save clients between 500 and 1000 percent versus my fees within the first year. That's a great ROI," Eaves says.
Finding the value in procurement operations by maintaining a tight lid on operational expenses is a necessary part of business models for companies spanning nearly all sectors. In some instances, that significant task is made more complex with the addition of technology as the digital revolution moves ahead with full force.
By speeding up the capture of savings, clients benefit even more by realizing savings faster than they might be able to capture on their own.
Eaves' company began six years ago and its methodology in finding value for businesses is built on more than 20 years of procurement experience in a plethora of industries.
"I work in various industries reducing costs in corporate services, MRO, human resources, marketing, capital expenses, category expense management, and more. Each client is different in terms of timelines for execution and the need for technology, but I work through a strategic plan customized to the client's needs and find the most value," Eaves states.
Sourcing Business Solutions offers a comprehensive suite of value-creating services, all which start with an analysis of the business data.
"By reviewing the expense data, I can determine what potential value exists and if technology is a fit for creating that value," Eaves explains.
Eaves is experienced in SAP Ariba, SciQuest, ScanMarket, SAP Concur, ePS, and other cloud based software. However, not all businesses want a technology-infused solution to save on costs. Where it makes sense, Eaves is able to find the best-fit technology solution and negotiate terms to ensure the client receives high ROI. Additionally, Eaves offers other services including procurement road-map strategies, a procurement gap analysis, contract negotiation, supplier management, and team training to help businesses reach their full potential.
Eaves states that his services are strategic and that most clients are executing procurement at the tactical level and leaving money on the table. "I first want to understand the current state within a business, and then determine how much time and effort is needed to address any gaps. From there, I develop a plan to uncover additional business challenges and strategies to overcome them in a cost-effective manner."
Collaboration with stakeholders and partnering with strategic suppliers are keys to realizing new untapped savings.
Recently, a publicly held oil and gas client was facing challenges to generate savings in the capital-spending category. Substantial equipment was needed but at a far lower projected cost. Sourcing Business Solutions analyzed the company's data and determined the need for a more competitive Request for Proposal (RFP). Eaves executed a RFP in the marketplace and then used procurement technology to hold a reverse auction and engage qualified suppliers. The outcome generated a 20 percent savings and a 10:1 ROI client benefit. Case studies and other examples of clients being delivered high ROI may be found on the Sourcing Business Solutions web site. http://www.SourcingBusinessSolutions.com
Eaves takes pride in the fact that Sourcing Business Solutions does little marketing, but instead continues to grow based on word-of-mouth referrals and repeat business. Also, when other consulting firms request Eaves for projects, he is more than willing to work with them and add value to their clients.
Eaves states, "I always put the client first. Putting client needs as the top priority in addition to my extensive background in business sets my company apart from the competition and allows me to generate high ROI for clients."
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SOURCE Sourcing Business Solutions