Insight Sourcing Group
Insight Sourcing Group is a management consulting firm focused exclusively on strategic sourcing and procurement-related services. The firm was founded in 2002 and is based in Atlanta, GA. The Insight Sourcing Group primarily works with senior executives and procurement leaders to implement strategic sourcing savings, enhance category intelligence, increase spend visibility, and advance efficient procurement practices. The firm has delivered quantifiable impact for hundreds of corporate and private equity clients. It prides itself on averaging up to a 30% EBITDA improvement, over 840% first-year ROI, and project payback in less than 90 days.
Insight Sourcing Group is also known for their innovative technology, SpendHQ™, which is a market-leading spend visibility technology it developed. The firm utilizes this to provide on-demand spend visibility to provide on-going analytics to measure performance and compliance and drive strategic sourcing results.
The firm’s clients include Fortune 1,000 companies and private equity firms in a variety of industries, including retail, health care, manufacturing, financial services, commercial services, and telecommunications. Some of its notable clients include Aaron’s Inc., lululemon, and Under Armor.
Insight Sourcing Group’s client base is diverse because its core skills are transferable across industry lines. The common needs of clients include improving sourcing and procurement performance by cutting costs, seeking guidance in new areas, or building expertise. Insight Sourcing Group works on projects from development to execution, often on a global basis.
The firm has a global reach through Insight Sourcing Group Europe, which is a joint venture formed with Germany-based pricing, procurement, and supply-chain professionals Kerkhoff Consulting. The partnership allows clients access to low-cost, country-specific sourcing expertise globally for U.S.-based companies, and sourcing and procurement services for European-based companies.
Insight Sourcing Group is ranked among the fastest growing private companies in America every year since 2008 by Inc. Magazine has ranked. The firm was also named the #1 Boutique Consulting Firm in the US as well as the #1 Most Innovative Consulting Firm by Vault.