Global Strategic Sourcing

With the daily pressure of global competition, it is imperative to manage your global distribution of spend to ensure you achieve or retain the required competitive advantage. It may no longer be an advantage to have the majority of your suppliers within the regions surrounding you manufacturing locations.

Mapping what you buy and from where you buy it helps clients understand the economic and geopolitical risks that may exist within their supply chain. This is the first step in global strategic sourcing; understanding the risks and opportunities to your current sourcing patterns and your existing supply chain.

At Northern Star Consulting we assist our clients in integrating the global business needs of the company into a risk and opportunity analysis. This analysis helps identify if the existing supply base will help or hinder a company from meeting its goals. Our consultants have years of experience with global supplier outreach, manufacturing capability assessments, capacity assessments, quality assessments and supply risk analysis.

Using a structured, cross-functional process, we are able to assist out clients in the development and execution of regional and global strategic sourcing plans. These plans are integral to maximizing our clients product profitability and achieving their global aspirations.