K2 Sourcing, Inc. - Your Procurement Advantage

studies demonstrate companies with top-performing procurement organizations report profit margins 15 percent higher than the average company; and 22 percent higher than companies with low-performing procurement teams. k2 sourcing ensures organizations gain the most out of every dollar spent on 3rd parties by procurement assessing and executing to improve both efficiency and effectiveness. the results; k2 sourcing helps build a sustainable competitive advantage, substantially improves profits, and speeds innovation. expenditures with 3rd parties typically represent a company's single largest expense and therefore the greatest opportunity to improve ebitda. increasing the value provided by suppliers not only has the largest impact on the organization, it typically has the fastest. in comparison, it takes $7-$10 of sales to equal $1 of savings. it is not about simply reducing prices paid, it is about applying best practices to drive procurement transformation and value to the organiza