i3 advantage - Areas of Practice

Procurement and Supply Chain Transformation

Analyze your current Supply Chain/Procurement methodologies, spend, technologies, organizational construct, metrics, strategies, partnerships and alliances in order to identify gaps, advantages and providing implementable recommendations focused on opportunities and risk mitigation strategies.
Determine the levers of opportunity for cost reduction strategies with value enhancement, which includes demand management/shaping/sensing/, spend disaggregation, outsourcing, technology, process streamlining and more.
Identify opportunities to utilize e-Procurement and translate solutions such as on-line sourcing, reverse auctions eRFPs into reduced cycle times and exciting new opportunities to deliver savings. Develop innovative strategies to utilize the web-enabled capabilities of key vendors.
Procurement and Supply Chain is where any business can have the most significant impact on the environment, either positively or negatively. i3 advantage will work with your organization to create a environmentally sound Procurement and Supply Chain which includes determining what products and services your organization purchases and what the environmental and social impacts of these purchases are. We would also look at the policies of the organization and how they support a sustainable procurement and supply chain strategy.

Developing a supplier diversity strategy and its implementation that has positive bottom-line impact requires a planned approach. i3 advantage has the experience to identify gaps and obstacles to launching supplier diversity; work with internal and external stakeholders to develop goals and objectives; create a marketing, education and communication program; develop measurement methodologies; and assist in the establishment of mentoring programs, matchmaker events and training.

Right is rarely diametrically opposed to wrong, and i3 advantage understands how procurement within both private and public sector organizations is rife with challenges. i3 advantage can provide your business with:
Competence to recognize ethical issues and guidance in analyzing consequences of alternative resolutions;
Confidence to seek different points of view and skill to determine the correct course of action;
Courage to take a stand where no precedent exists;
Clarity in developing clear policies and procedures and effective communication between all stakeholders;
Creation of tools to support and demonstrate your business's commitment to ethics;
Connected education and training;
a Communications strategy to continuously reinforce the ethics message.

i3 advantage works with organizations to develop sales and marketing effective strategies including value propositions, effective responses to client inquiries and RFPs, and training/facilitation. Borne out of many years of being on the "buy-side", i3 advantage professionals have seen the "good, bad and ugly" of selling and are able to give valuable insight as to what procurement organizations are currently looking for in their suppliers. If you are looking to increase your revenue and profitability, then i3 advantage professionals can help you.

Sustainability in the supply chain is increasingly seen among high-level executives as essential to delivering long-term profitability and although it hasn’t replaced monetary cost, value, and speed as the dominant topic of discussion in supply chain, it certainly has achieved equal footing.
There is a myth that embarking on a journey of sustainability for your organization means greater costs. In fact, with a creative approach to the sustainability within your organization and specifically with your supply chain, the opposite is true. i3 advantage has helped businesses realize this through practical innovation and subtle behavioural changes that can make the world of difference.
i3 advantage can assist your organization in rethinking its supply chain end-to-end with dramatic results.