SC will help you refine your Procurement & Sourcing processes to streamline your supply chain activities. By doing so, the organization regains control over its Procurement, which in many cases represents a potential significant business exposure. Procurement is the overall process through which an organization purchases what is necessary to fulfill its intended purpose(s). The process could differ depending on the general nature of the business whether it is a manufacturing environment, or a trading business or a service company etc. SC, will work with you to develop the most effective procurement processes or refine them to benefit your organization the most. The typical procure-to-pay process would include identification of business requirements, sourcing, preparation and submission of Purchase Requisitions, budget validation, approval workflow, Purchase Order issuance, receipt of goods/services, and finally the payment process of the related invoices.

Sourcing, as identified above, is a subset of the Procurement process. SC, will help you focus on the Sourcing aspects, which will benefit your organization such as the Requirements Definition, Analysis/Categorization, Supplier Identification, RFQ/RFI, Contract Negotiation, Contract Management and Supplier Management.