What We Do

Supply Management Group Inc.

is a boutique consulting firm that specializes in advising clients on sourcing and supplier management issues. Our clientele consists primarily of mid-sized and large clients based in Canada.

Supply Management Group Inc. also specializes in Vendor Contract Audits, which is a review of the commercial terms and conditions of supplier contracts. We find that contracts tend to be carefully negotiated on the front end, but poorly executed on the back end. Generally terms and conditions are poorly understood by the folks who approve the invoices. We identify and clearly document monies owed to the client over the term of the contract. Our experience is that the recoveries paid to the client far exceeds the cost of the review.

We collaborate with our clients to provide supply chain solutions and improve sourcing and procurement processes. The following is the approach we use for the Vendor Contract Audit and the Strategic Sourcing Process. 

Vendor Contract Audit

  1. Rigorous review of supplier contracts to identify high quality candidates.
  2. Prioritization of audits.
  3. Review of individual contracts and audit of invoices and supporting documentation.
  4. Identification and analysis of overpayments to suppliers.
  5. Suggestions provided for improving contract language, and terms and conditions that may be absent.
  6. Provision of analysis and documentation to substantiate claims and aid in collection of overpayments.

Strategic Sourcing Process

  1. Develop and advise on a coherent RFP strategy.
  2. Assess and prioritize opportunities based on a thorough analysis.
  3. Develop a detailed profile of commodity incl. spend profile and specs.
  4. Conduct market analysis to identify; supply and demand levers, supply base including new suppliers, points of leverage and risk.
  5. Develop sourcing strategy.
  6. Develop and issue RFP/RFQ/RFI based on sourcing strategy.
  7. Evaluate supplier proposals and conduct negotiations.
  8. Preparation of award recommendations.
  9. Development of contract documents.
  10. Implement contract and establish a process to track and manage performance (KPI).