Paragon results helps clients build and manage world-class supplier diversity programs. We partner with clients to develop an inclusive strategic sourcing solution to widen the pool of potential suppliers and promote healthy competition in the supply base, which can improve product quality, enable innovation, and drive down costs.
We implement cost savings, technology efficient solutions for strategic sourcing.
As we all know that sourcing and procurement process is a critical business function that has significant and direct business impact on the business bottom line.
Smart strategic sourcing solution also contributes to top line growth. Establishing targeted strategic supplier relationships and world-class supplier networks helps position procurement and supply chain organizations as drivers of enterprise growth and competitive advantage.
As a result, companies are challenging their procurement teams to play an increasingly important role in managing spend and optimizing end-to-end sourcing and procurement processes across the company.
This is how we can help you:
- Conduct stakeholder interview and develop supplier analysis
- Perform best practice benchmark
- Develop category specific strategic sourcing
- Train stakeholders
- Supplier selection
- Execute standardized strategic sourcing processes
- Build and maintain strong working relationships with customers and key suppliers
- Focus on cost savings and tracking
- Fact-based negotiations and execute contracts with terms and conditions
- Develop plans for subsequent waves
- Aggressively monitor, track and report supplier compliance and performance metrics
- Annual spend analysis & baseline measurement
Paragon Results LLC has over 25 years of hands on experience in leadership, strategic planning, strategic sourcing, marketing and a strong commitment to supplier diversity. We are strong advocates for historically under-utilized businesses to ensure diverse engagement which ultimately creates long-term value for our diverse partners, clients and communities. With a focus on top talent matchmaking expertise, rigorous vetting procedures and project engagement oversight, the team works to create win-win scenarios for all stakeholders.
We have worked in and with multinational companies, small businesses, federal, state and local governments, and non-profits. Our team of professionals have the experiential knowledge necessary for developing tailored solutions that are aligned to your business strategies and goals.
Are you aiming to optimize your sourcing and procurement operation but aren’t sure where to start? Paragon Results LLC facilitates personalized advisory solutions that are designed to empower our clients to reach their full potential.