Sir Isaac Newton established that for every action, there is an equal and
balancing reaction. Successful companies recognize the challenge of
maintaining strong supplier relationships while ensuring they do not
overpay for the products and services they procure. At Third Law Sourcing,
we leverage Newton's 3 laws of motion to describe this opportunity.
A UNIQUE CONSULTANCY WITH A SINGLE FOCUS:
risk-free engagements that drive $10 - $50 million to your bottom line.
Third Law Sourcing identifies and implements pricing reductions on your existing products and services, without recommending changes to your existing vendor relationships. Savings projects are risk-free and net cash flow positive: we share only in the hard dollar savings which you validate have been implemented and realized.
An object at rest remains at rest, unless acted upon by an external force.
Vendor pricing will not significantly improve without the focused application of resources and expertise.
An object's movement depends on the direction and size of external forces.
Objective benchmarks and transparency into vendor pricing practices guide optimal vendor negotiations.
Action and reaction between two objects will balance, being equal and opposite.
Principled negotiations enable the balancing of vendor relationships and the bottom line.