Ashley Capital Group

Ashley Capital Group Advising Clients on the Differences Between Strategic Sourcing and Purchasing

 

San Diego, CA -- (SBWIRE) -- 10/10/2019 -- For years, Ashley Capital Group has provided business owners with strategic relationships with investors and worthwhile exit strategies that are beneficial and profitable. When assisting with business selling, Ashley experts go through a rigorous valuation process where assets and profitable relationships are taken into account to ensure that the business owner and potential buyers have an accurate and desirable value of the company. One way to add value to a company is to have advantageous relationships with suppliers.

When companies need specific products or services from suppliers, they can do one of two things. They can either buy products outright when they need them, or they can develop a lasting relationship with the suppliers and craft mutually-beneficial supply contracts. Purchasing is the first option, which is no more than simply acquiring goods or services from a supplier. Strategic sourcing is the second option and is more successful with larger companies.

Although both options can be strategic, purchasing is a more administrative method that allows suppliers to turn profits by selling their products to companies, while the companies acquire supplier products usually for wholesale prices. Sourcing is certainly the more strategic approach, dependant on creating and maintaining symbiotic relationships between companies and suppliers. Regardless of which strategy companies decide to use, Ashley Capital Group can help.

For more information on the differences between strategic sourcing and purchasing, as well as advice on material acquisition, strategic partnerships, and selling companies, please visit https://www.ashleycapitalgroup.com/.

About Ashley Capital Group
Ashley Capital Group is a national mergers and acquisitions advisory firm that focuses on the full sale of companies, as well as the development of strategic partnerships. By successfully integrating the process of M&A, they help business owners receive a maximum return on investment for the sale of their company. The advisers at Ashley Capital Group also provide companies with the ability to partner with other firms. This opens them to opportunities to receive investments on sales, service lines, operations, and working capital.

For more information, please visit https://www.ashleycapitalgroup.com/.