Sourcing Insights

Sourcing Insights

Software Development

Lafayette, Indiana 817 followers

Visibility . Control . Savings

About us

Sourcing Insights redefines spend VISIBILITY, CONTROL and SAVINGS. At Sourcing Insights, we are a full-service solution. By combining data focused spend analysis and decades of sourcing expertise, we drive savings by enabling clear insight into your spend. How do we do this? By utilizing our world class technology, SourcingShark. View your entire organizational spend with one click—it’s that simple. Through our simple and easy-to-use dashboard, instantly identify untapped saving opportunities and create custom reports with multiple layers of analytics to view your spend the way you need to see it. You can’t save what you can’t see.

Industry
Software Development
Company size
11-50 employees
Headquarters
Lafayette, Indiana
Type
Privately Held
Founded
2017
Specialties
spend optimization, spend analytics software, spend control, Spend Analysis, Risk Management, Contract Management, Procurement Benchmarking, and Consulting

Locations

Employees at Sourcing Insights

Updates

  • View organization page for Sourcing Insights , graphic

    817 followers

    🦈 #SourcingShark, your ultimate partner in transforming procurement strategies. This innovative solution is crafted to redefine how businesses manage their procurement operations, offering a suite of robust features that set it apart in the industry. ⫸ Deep Dive Spend Analysis Dive deep into your procurement spend with SourcingShark's advanced analytics. Gain comprehensive insights into expenditures across diverse categories. ⫸ Proactive Risk Management Stay ahead of disruptions with SourcingShark's proactive risk management tools. Identify potential risks early, ensuring seamless supply chain operations and minimizing disruptions that could impact business continuity. ⫸ Streamlined Contract Lifecycle Management Simplify and streamline contract lifecycle management with SourcingShark. Automate processes to improve compliance and strengthen supplier relationships, fostering better transparency and accountability throughout. ⫸ Strategic Procurement Benchmarking Benchmark your procurement performance against industry standards and historical data using SourcingShark insights to drive continuous improvement and strategic decisions. ⫸ Expert Consulting Services Access expert consulting services tailored to your specific procurement challenges, leveraging SourcingShark's extensive industry knowledge and best practices. 🦈 SourcingShark is more than just a tool. It's a strategic ally that empowers businesses to navigate the complexities of procurement with confidence and achieve tangible operational efficiencies. Explore SourcingShark! 👉 Book a demo today: https://lnkd.in/eWYAgnni #technology #procurement #saas #fintech #supplychain #sourcing #purchasing #manufacturing #shipping

    • Overcome Procurement Challenges with SourcingShark: Your All-In-One Solution.
  • View organization page for Sourcing Insights , graphic

    817 followers

    🦈 SourcingShark – a game-changing tool designed to tackle your #procurement challenges head-on. With SourcingShark, you gain centralized data access, real-time analytics, and simplified spend management, all in one intuitive platform. 🔷 Centralized Data for Seamless Management SourcingShark centralizes all your procurement data, giving you a unified view of your spend, supplier performance, and contract compliance. Say goodbye to scattered data and hello to streamlined operations. 🔷 Make Informed Decisions with Real-Time Analytics Leverage SourcingShark’s real-time analytics to gain deep insights into your procurement activities. Identify trends, predict demand, and make data-driven decisions that enhance efficiency and reduce costs. 🔷 Simplify Your Spend Management Manage your spend effortlessly with SourcingShark. The platform simplifies spend analysis by commodity groups and offers robust tools for identifying areas of rogue spending, ensuring every dollar is optimized. 🚀 Discover how SourcingShark can revolutionize your procurement processes. Visit https://lnkd.in/eJ3RWESj to schedule your personalized demo. #SpendAnalyticsSolutions #SourcingStrategy #DataVisibility #SupplyChain #Technology #Saas #SourcingShark

    • Tackling Industrial Manufacturing Challenges with SourcingShark.
  • View organization page for Sourcing Insights , graphic

    817 followers

    In the realm of #procurement, managing supplier performance is pivotal to maintaining operational excellence and ensuring high-quality outputs. However, the complexity and volume of data involved can make this task daunting. Enter 🦈 #SourcingShark, a powerful tool designed to simplify and enhance supplier performance management through its advanced scorecards. 📊 Unparalleled Supplier Insights SourcingShark's Supplier Scorecards offer a comprehensive way to analyze supplier performance metrics, from on-time delivery and quality scores to corrective actions and major disruptions. This holistic view helps identify areas needing improvement. 🧭 Navigating Supplier Activities with Ease SourcingShark stands out for its capacity to oversee supplier scores by tracking corrective actions and monitoring disruptions. Its user-friendly interface enables easy access to detailed insights, offering proactive solutions for any issues related to the suppliers' operational health. 🎛 Centralized Supplier and Commodity Management SourcingShark simplifies managing multiple suppliers and commodities by providing a centralized platform. You can review all your suppliers and commodities from a single interface, saving time and ensuring access to necessary information for informed decisions. By leveraging SourcingShark's advanced scorecards, procurement leaders can enhance efficiency and improve supplier relationships. The tool's robust analytics capabilities empower you to identify patterns, predict trends, and uncover cost-saving opportunities, ultimately transforming your procurement processes. 🚀 🌐 Discover more at www.SourcingInsights.com #SpendAnalytics #Solutions #SourcingStrategy #DataVisibility #SupplyChain #Sourcing #Logistics #Shipping #Manufacturing #Technology

    • Enhancing Supplier Performance with SourcingShark's Advanced Scorecards
  • View organization page for Sourcing Insights , graphic

    817 followers

    Ensuring accuracy 🎯 in purchase orders is crucial for safeguarding your financial integrity. It's not a luxury, it's a necessity. With 🦈 SourcingShark, achieving precision is effortless. Ready to streamline your purchase orders? 💻 Book a demo at SourcingInsights.com #procurement #supplychain #sourcing #business #purchasing #logistics #shipping #manufacturing #hospitalitysupplies #supplychainmanagement #technology #SourcingShark

  • View organization page for Sourcing Insights , graphic

    817 followers

    Procurement and finance can work harmoniously with world-class spend analytics. 🔎 Discover how a unified approach can enhance #forecasting, improve #risk #management, and drive better decision making across your organization. Take a closer look: 1. #Procurement 📄:   • Spend Visibility: Detailed insights into procurement activities, supplier   performance, and spending patterns.   • Supplier Management: Tools for evaluating and managing supplier    relationships and performance metrics.  • Cost Optimization: Analytics for identifying cost-saving opportunities and   improving sourcing strategies. 2. #Finance 💲:   • Budget Tracking: Monitoring and managing expenditures against budgets.  • Payment Terms Analysis: Analyze and optimize payment terms with    suppliers, improving cash flow management and negotiation leverage.  • Duplicate Invoices: Automatically detect duplicate invoices, preventing   overpayments and ensuring financial accuracy. 3. Overlapping #Benefits ✔️:   • Integrated Spend Data: A unified view of spend data for both procurement    and finance, enhancing overall visibility and accuracy.   • Enhanced Forecasting: Predictive analytics to forecast future spending and   financial impacts.  • Strategic Insights: Data-driven insights that support better decision- making and align procurement strategies with financial goals. With 🦈 #SourcingShark both procurement and finance departments can achieve greater efficiency, accuracy, and strategic alignment. This collaboration leads to optimized costs, improved financial performance, and a more cohesive approach to managing organizational resources. Visit www.SourcingInsights.com and learn more on how SourcingShark can help you optimize your business.

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  • View organization page for Sourcing Insights , graphic

    817 followers

    Harness the potential of tools like 🦈 #SourcingShark to boost collaboration, minimize risks, and enhance supplier relationships. With cutting-edge analytics, gain invaluable insights into your suppliers’ performance, empowering you to drive data-informed decisions and outpace the competition. Don’t let poor supplier management impact your bottom line. Leverage #technology and take control today! 🛎️ Schedule a 15-minute demo with one of our team members: https://lnkd.in/eWYAgnni #Procurement #SpendAnalytics #Solutions #SupplyChain

    • Did you know that businesses that use advanced analytics for supplier management see a 40% improvement in supplier collaboration.

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