Extraordinary results with your current suppliers
Third Law Sourcing has unique expertise in identifying and implementing price reductions on current expenditures without recommending changes to what you buy, whom you buy it from, or how you procure it. Since our inception in 2005, our working team of former C-level executives has saved our clients hundreds of millions of dollars with their incumbent vendors, even in the middle of long-term contracted agreements with embedded suppliers.
Strategic Sourcing
When clients do have an interest in selecting a new supplier or aggregating spend with current partners, our unbiased strategic sourcing approach provides a clear path to identify a preferred supplier.
Our benchmarks and analytics identify the target pricing and terms for each deal up front.
Our direct negotiations establish the discrete elements of each potential offer and provide a clear path for you to select your preferred supplier. As a result, you receive the optimal deal and a transparent pricing model.
Principled negotiations
Our approach is based on the Harvard Program on Negotiation, which focuses on principled collaboration with your current partners.
Our approach is based on the Harvard Program on Negotiation, which focuses on principled collaboration with your current partners. No "good cop, bad cop". No positional negotiations. Instead, we provide visibility into the pricing practices of your suppliers, and identify their interests and incentives. This objective approach actually strengthens your vendor relationships, even while improving your current pricing.
