Sourcing is the term used to describe the business stages in the acquisition process – which end with a decision regarding which items will be purchased from which suppliers and for what prices and purchase terms – in a methodical manner which is more efficient and which significantly decreases costs.

Our Sourcing services include consultation and accompaniment of sourcing projects, sourcing optimization along with special software, sourcing methodology, a sourcing seminar and Super Supplier services.

 

Super Supplier: transfer of all management material of many sub-items to a strategic supplier. Minet will locate the most suitable supplier for the organization and run the project for it, including business and procedural aspects.

 

The application of the sourcing methodology will gain good results. However, in order to reach optimal results and maximal savings a technological response is required; this is because the more complex the segment and relevant markets are the greater the mathematical complication of weighting the data in order to make decisions.

 

Minet Technologies represents CombineNet in Israel, a company which offers a unique software solution for the optimization of the sourcing process. The software enables simple construction of the sourcing procedures, retrieves all relevant data and mathematically analyzes them in order to reach the best and most suitable result for the organization. The system produces an ROI of 1 to 10 and more in the sourcing project for the companies which use it.

The system enables running acquisition scenarios which weight constraints related to managerial decisions (such as not transferring more than X percents of the acquisition to a certain supplier), to legislation or regulation. It provides a visual presentation of the analysis for the different scenarios and enables their comparison in a clear and easy manner, thus making an educated decision which is transparent to the interested parties in the organization.