How much of your mission critical procurement spending is single-sourced?

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Is your exposure to risk greater because there is no viable second source of supply?

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Viable second sources of supply allow:

 - Improved defence against price increases.

 - Reduced inventory to avoid product outages.

 - Tighter Quality Control. Are you required to accept broader than preferred specifications on single-sourced materials?

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Approving alternative raw materials is essential to mitigate risk but can be a time consuming project. TSW can narrow your search discretely with our procurement intel tools.