Most companies are good at selling. They wouldn’t exist anymore if they weren’t.
Buying is a whole different story.
For many companies, this is the second most impactful P&L driver. Yet, again in many companies, Procurement is under-staffed, under-resourced, under-digitized, under-incentivized and under-appreciated. The result? Companies lack in-depth knowledge of their supply markets, select vendors who are not the best fit, miss opportunities to innovate & improve, sign suboptimal deals and fail to manage their vendors effectively.
Tremendous value is lost every single day, because of this. Billions and billions of euros if you take a global perspective.
Why is so much value being lost, every single day?
We’ve asked this question countless times, but have yet to hear a satisfactory answer. This is not a new problem. But as far as we can see, it’s not getting any better.
There is a large pot of gold just around the corner.
You don’t realize you’ve closed a poor deal or partnered with the wrong vendor, until you understand the deal you could have closed. The lost potential does not show up in any management report or financial statement. But that doesn’t make it any less real.
Why would you accept losing and giving up all that value?
At SourceBright we don’t accept this situation. We refuse to let so much value go to waste, every single day. This is a big problem and it needs fixing – what’s more: it can be fixed.
our mission
To help companies source smarter and better.