MANAGED SERVICES PROCUREMENT
Managed Services Procurement is the unique SFS version of the statement of work "MSP" model. We deliver SOW MSP services directly to large and mid-size clients who are ready to manage SOW spend separately from their temporary labor category. The delivery difference is in our team: experienced procurement, strategic sourcing, contract negotiation and category management professionals. The value difference is in how our team delivers managed services procurement across your SOW spend portfolio: the SFS Entry Point Engagement Model ensures the optimal SOW transaction support regardless of category spend and operational maturity.
Already have a staffing MSP in place? Don't worry. We are experienced at integrating our SOW support services seamlessly with staffing MSPs.
Want to establish an SOW only program? No problem. We manage multiple programs where SOW is the primary focus.
“Did you know statement of work (SOW) spend is 10 times the size of temporary labor spend?”
“Sourcing for Services turned our traditional staffing MSP program into a managed services procurement team.”
Managing temporary labor is only the tip of the iceberg for bringing enterprise wide Services spend under more effective management. Starting with staffing vendors is key, but greater savings, third party risk management and operational efficiency gains lie beyond temporary labor. Spend made on statements of work (aka SOW’s) represent the more complex underlying projects, deliverables, and managed or outsourced services that the enterprise engages from different types of vendors. At 10 times the amount of spend than temporary labor, SOW-based categories cannot be ignored.
“The contingent labor program we have in place works fine, but we need to get our SOW spend under program control as well. How do we do that when SOW requires such different skill sets than temp staff recruiting and administration?”
SFS is Not Like Other MSPs
Fortunately, recent innovation by Sourcing for Services provides CPO’s and Services Procurement leaders a familiar and highly effective alternative to the traditional contingent labor program model. At SFS we have developed our own unique version of MSP for SOW and we call it Managed Services Procurement.
Managed Services Procurement at SFS specializes in managing the entire portfolio of SOW-based categories and suppliers in your organization. We are not a typical Procurement BPO which focuses on single categories for short, disruptive and unsustainable sprints; we are a long term operational solution that extends your Procurement team’s reach - day in and day out.
We are not a traditional staffing managed service provider either. Instead SFS is an integrated bolt-on service to that model, extending the common program governance structure and scaling procurement operations across the more complex categories.
“Can you really manage complex professional services with a contingent workforce program model??”
Differentiated SOW Support
- Sourcing and Procurement Practitioners with 17+ years experience
- Proven Entry Point Engagement Model to extend procurement’s reach and optimize savings
- Competitive MSP pricing structure with supplier or client funding options
- Full Service MSP for SOW - we do it all: sourcing, contract development, administrative support, reporting and analytics
- Implementation and operational expertise with all major VMSs (VNDLY, Beeline, Fieldglass, DCR Workforce, IQ Navigator, Provade, and more)
Whether you have an existing contingent labor program in place that you need to extend or are seeking a new, more comprehensive program solution, Sourcing for Services could be just what you have been looking for.
Give us 45 minutes to demonstrate the credibility of our Managed Services Procurement approach and the simplistic power of our Entry Point Engagement Model... we are confident you will see the delivery and value difference in how SFS does SOW!