SearchSeismic Sourcing
Our integrated sourcing and optimization approach allows management teams to find new ways to increase EBITDA and drive enterprise value.
Who We Are
The Seismic Sourcing team will help you identify risk, evaluate opportunity, and reduce costs, while optimizing the quality of your raw material sourcing.
With over 25 years of experience, our experts have worked with iconic Food, Beverage and CPG companies to save, on average, 13% cost reduction across all channels.
Seismic Sourcing Services
Audit
We do a deep-dive audit of your current spend data and practices to identify areas of risk and opportunity.
Sourcing
Our consulting experts conduct best-in-class RFPs that are data-centric, and include non- bias market transparency to keep you ahead of the curve.
Implementation
We project manage the conversion from old to new agreement and mandate that vendors are acknowledging the new pricing to ensure actual savings are realized.
Savings & Compliance Tracking
We track monthly spend and savings for the length of the engagement so that it hits the bottom line.
Optimization
We optimize your products and services with cost-effective suppliers, leading to reduced costs, shortened lead times, and fewer supply delays.
The Seismic Sourcing Advantage
Unparalleled expertise in packaging
Dedicated practice to sourcing specialty and functional ingredients, nutraceuticals and chemicals
Depth of experience in sourcing resins and metals, including colors and additives
Provide a range of sourcing and strategic resources for dairy and meat products
Supplier Risk and Opportunity Assessment
Risks
- Do you know where to look for savings during rising market conditions?
- Do you have a clear strategy in place to segment your spend?
- Are you prepared to take advantage of the upcoming price improvements or will you be slow to capitalize?
- Do you utilize “see-through” pricing structures with your major suppliers?
- Do you rely on suppliers for design and cost-savings ideas around raw material inputs, packaging design, and other value-add/value engineering opportunities?
- Are your specs for finished goods, parts, packaging or raw materials over-engineered? Are you in a position to evaluate internally?
- What procurement and price management tools/technologies are you currently using?
- What are you doing to reduce the transaction cost of your international transactions?
- Do you know if your suppliers are appropriately passing through raw material price changes?
Opportunities
Material and supplier agnostic to find the best solution for your needs & deliver unparalleled savings
Customer insights delivered through a suite of proprietary digital tools
Integrated design and analytics enable a step-change in margin growth
Skilled subject matter experts with experience identifying optimization opportunities and executing optimization projects in areas you wouldn’t think to look
Long-term partners to keep your manufacturing departments optimized from inbound materials through outbound finished product delivery
