Sourcing Business Solutions | 20 Most Promising Procurement Solution Provider - 2017
Sourcing Business Solutions: Uncovering Hidden Value in Procurement
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CIOREVIEW >> Procurement >> Sourcing Business Solutions

Sourcing Business Solutions has been recognized by CIOReview Magazine as the recipient of “20 Most Promising Procurement Solution Providers - 2017,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Bryan Eaves, Partner.

Sourcing Business Solutions
Uncovering Hidden Value in Procurement

Sourcing Business Solutions

Bryan Eaves, Partner
Sourcing Business Solutions does whatever it takes to reduce costs and add value to client businesses. The company generates high client ROI, accelerates new savings, and takes the pain out of finding hidden value in procurement operations.

Bryan Eaves, Partner, Sourcing Business Solutions holds certifications as a CPA, CPSM, and CPM, along with an MBA from Samford University, all which come together with a robust track record of experience in implementing strategic sourcing and procurement best practices to benefit companies needing to reduce costs.

“Executing with the right suppliers, technology, and generating creative competitive bids, I save clients between 500 and 1000 percent versus my fees within year one. That represents a great ROI,” Eaves says.

Finding the value in procurement by maintaining a tight lid on operational expenses is necessary for companies spanning all sectors. In some instances, that significant task is made more complex with the addition of technology as the digital revolution moves forward.

Eaves’ company began six years ago; however, his methodology in finding value for businesses is built on more than 20 years of experience in a plethora of industries.

“I work in various industries to reduce costs in corporate services, MRO, HR, marketing, capital expenses, category management, and more. Each client is different in terms of execution timelines and the need for technology, but I work through a strategic plan customized to the client’s needs to optimize value,” Eaves states.

Sourcing Business Solutions offers a comprehensive suite of value-creating services. Many of these services start with an analysis of the business data to determine what potential value exists and if technology is a fit for creating that value.

Eaves is experienced in SAP Ariba, SAP Concur, Jaggaer, ePS, and other cloud based software.

Sourcing Business Solutions does whatever it takes to reduce costs and add value to client businesses


However, not all businesses want a technology-infused solution. Where it makes sense, Eaves is able to find the best-fit technology solution and negotiate terms with a high ROI for the client. Additionally, Eaves offers other services including procurement road-map strategies, a procurement gap analysis, contract negotiations, supplier management, and team training.

Eaves states that his services are strategic and that most clients are executing procurement at the tactical level and leaving money on the table. “I first want to understand the current state within a business, and then determine what is needed to address any gaps.”

Collaboration with stakeholders and partnering with strategic suppliers are keys to realizing new untapped savings.

Eaves recalled one client that was facing challenges to generate savings in the capital-spending category. Sourcing Business Solutions analyzed the company’s data and executed a more competitive Request for Proposal (RFP). Eaves then used procurement technology for a reverse auction and engaged qualified suppliers. The outcome generated a 20 percent savings and a 10:1 ROI client benefit.

Eaves takes pride in the fact that Sourcing Business Solutions does little marketing, but instead continues to grow based on word-of-mouth referrals and repeat business. Also, when other consulting firms request Eaves for projects, he is more than willing to work with them.

Eaves states, “I always put the client first. Putting client needs as the top priority in addition to my extensive background in business sets my company apart from the competition to generate high ROI for clients.”

20 Most Promising Procurement Solution Providers - 2017

Company
Sourcing Business Solutions

Headquarters
Knoxville, TN

Management
Bryan Eaves, Partner

Description
The company generates high client ROI, accelerates new savings, and takes the pain out of finding hidden value in procurement operations

20 Most Promising Procurement Solution Providers - 2017

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