Source One Honored as a Spend Matters 2016 Provider to Watch

    WILLOW GROVE, PA, May 27, 2016 /24-7PressRelease/ -- Cutting edge procurement services provider Source One Management Services makes Spend Matters' list of 2016 Providers to Watch. The honor continues a momentous year for the supply management consultancy, following the firm's executive sponsorship of the Institute for Supply Management's 2016 conference and Exec IN Forum, among other recognitions. The supply management publication releases the annual list of procurement technology and services providers as a resource for organizations undergoing vendor selection.

Named a 2016 Provider to Watch, Source One embodies Spend Matters' observation of "The Rise of Managed Services." Source One believes this recognition reflects a shift in the supply management field as managed services providers become the successor to traditional outsourcing. A recent article by Spend Matters explains the value offered by Managed Services Providers influencing the industry shift: "Managed services providers, which blur the lines between delivering capabilities, technologies, services, compliance, specialized expertise and even outcomes, are changing the procurement provider landscape at all levels."

"This couldn't come as better news to Source One. From our perspective, we're thrilled to see this shift finally happening en masse. Source One has spent the last 25 years positioning itself as a leader in this niche procurement support role. Historically, companies have defaulted to the 'old way of using consultants', and we were seen as an outlier. Now that the industry is growing tired of traditional all-or-nothing BPO models, or high-priced advisory-without-action consulting firms; we see this as an excellent opportunity to educate the market on what a true on-demand resource partner looks like" shared William Dorn, Vice President Operations at Source One.

"We're honored to be listed as a Spend Matters 2016 Provider to Watch. The industry is changing - evident in our clients' growing demand for a more robust procurement services offering." Explains Source One's VP of Professional Services Joseph Payne. "Source One is not restricted to solely supporting our client's by working with existing suppliers in via an established model. Our cost-reduction experts provide end-to-end support, whether you're looking for RFP best-practices, or need to completely stand up a category, making us an ideal partner for companies needing support in a variety of forms. Our goal isn't to replace our client's existing team, but to offer supplemental support to alleviate the burden of both tactical and strategic procurement operations."

The leading procurement services firm has had an exciting first half of 2016, and is looking forward to an even more exciting second half of the year; as it will have several new major announcements and services offerings to be released.

About Source One

Source One Management Services, LLC is an industry-recognized procurement services provider, with decades of experience supporting the spend management goals of market leading companies. Source One's cost-reduction experts act as extension to client resources, providing the end-to-end support including market intelligence and industry best-practices, necessary to optimize their procurement and strategic sourcing operations. Our expansive supply management services offering makes us an ideal partner for any company looking to gain a competitive advantage. For more information on Source One Management Services, visit us on the web at: http://www.sourceoneinc.com/consulting-tools/sourcing-and-procurement ... tsourcing/.

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