We aid your process to the best outcome by assisting in Solution-sourcing procurement techniques:

To the extent where a company is looking for solutions for more technical and complex activities, solution sourcing is a great alternative to crowdsourcing. The solution sourcing approach describes a process where a number of external and independent service providers solicit a solution for a client organisation.

Solution sourcing has the ability to assist organisations in tapping into the best ideas and resources for addressing increasingly complex business challenges by giving access to a breadth of experience of service providers.
Therefore, this strategic sourcing approach is also mostly used when client organizations specifically are looking to explore a solution for which the answer yet is unknown. The challenge with this, however, is the following: How can companies set up measures for solutions that have not been pursued before? More risks associated with solution sourcing are outlined in the illustration below.