The methodology of strategic sourcing in purchasing consists of the execution and application of a 7-step strategic planning, which aims at identifying and qualifying suppliers, evaluating purchasing conditions, negotiating and closing objective and qualitative commercial agreements to meet the operational needs of the company.

To do this, our mission is not only to find, but also to examine, validate, qualify and audit materials and suppliers.

To define the best business partners, extensive market research, price quotations, and evaluation of those who are more reliable and have the most adequate terms are carried out.

We act in a technical and strategic manner, opening up the competition to suppliers in order to identify the one that best qualifies in terms of cost, risk, and benefit.

Besides seeking cost reduction, the strategic sourcing methodology allows for a special focus on efficiency and quality. It is an intelligent, versatile, and modern management model.

Sourcing and procurement go hand in hand. The first method, inclusive, is part of and encompassed by the second.

In the case of procurement, the objective is to increase the positive impact of the relationship with suppliers. This is done by establishing guidelines for a long-lasting, secure, and effective commercial partnership.

In other words, procurement is broader than sourcing and goes from one end of the supply chain to the other, from establishing orders with each supplier to the follow-up.

Among the benefits of a well implemented procurement are: optimizing production time; promoting transparency in the processes; reducing errors related to purchases; avoiding possible losses due to failures.

A solid procurement strategy is also necessary for the operations to work perfectly inside the company. After all, without access to products, raw materials, inputs and/or services, it is not possible to maintain production at full steam.

Therefore, procurement is fundamental to the supply chain and also essential to avoid waste or lack of resources.

A good procurement is responsible for: recognizing the short and long term needs of the business; negotiating contracts; requesting quotations; approving budgets; auditing what has been received to evaluate if everything is correct; maintaining files and transaction histories.