The BuyCentric® Solution is powered by DSSI's purchasing expertise. Our aggregated sourcing advantage allows us build teams of experienced purchasing professionals to focus on commodities and sub-commodities that would be too cost prohibitive for any single company to replicate. These teams benchmark raw material prices, industry trends and suppliers to formulate category strategies and negotiate pricing and service levels with the most competitive, highest quality sources available. In other words, DSSI manages indirect spend the way most companies manage their direct buy.

Following the sourcing process, the commodity management team moves into contract and performance management mode. Delivery performance, in particular, impacts customer satisfaction and is closely examined through real-time, online performance reports. With aggregated volume sourced to key suppliers, DSSI has the capacity to closely monitor service levels and obtain desired results.

Besides value-added purchasing expertise, the BuyCentric® Solution provides clients with efficient transactional processing. Annually, we manage hundreds of thousands of transactions making it mandatory to process these transactions in the most efficient means available. To this end, customized catalogs are built with each item assigned to a supplier, which when selected and ordered automatically flows through to the supplier within 30 minutes. Today, we process orders 98% hands-free and maintain strict controls and timing for the 2% that require buyer attention.

The BuyCentric® Solution also includes financial settlement, where DSSI pays suppliers directly and invoices the client with a data file containing all the necessary information to charge back to the appropriate departments, projects or entities. Clients go from paying thousands of invoices monthly to cutting one check to DSSI. Our positive impact on freeing up accounting resources rivals the impact we make on the purchasing department.

Finally, BuyCentric® programs are enabled through the use of technology. DSSI has one of the most robust, state-of-the art e-procurement tools available with its Epic™ system. Epic™ is a three-sided, web-based system that allows clients, suppliers and DSSI buyers to transact business online. Epic™ is loaded with functionality including workflows, budget tracking, vendor managed ordering, sourcing, invoicing and status reviews. The power of Epic™ is that all parties have access to the same real-time information, simplifying communications throughout the transaction.

To complement Epic™, DSSI utilizes additional electronic means to interface with key suppliers and clients. We interface with client crib and ERP systems to automate the crib inventory and accounting processes. The goal is to use the most efficient transactional processing methods available.

The BuyCentric® Solution provides clients with the following types of savings:

DSSI provides its BuyCentric® Solution to clients, largely funded out of item level cost savings and with minimal upfront investment. Clients realize quantifiable cost savings, continuous cost improvement and increased purchasing process effectiveness—all through a flexible and transparent pricing model.

BuyCentric® is for companies that recognize the competitive advantage of outsourcing non-core activities. DSSI's extensive, best-in-class procurement practices and multi-company spend aggregation uniquely positions you to generate greater cost savings than can be achieved through internal sourcing initiatives.