Wise Men developed MicroSourcing™ as a new and innovative form of strategic sourcing that streamlines resource planning while reducing resource costs. MicroSourcing™ is a 3-5 year initiative that helps Wise Men partner its clients’ IT environment growth with production support and development. By implementing MicroSourcing™, our clients achieve long-term sourcing that executes critical operational activities while also administering sustainable knowledge management processes. That Wise Men’s strategies come at a great price and are delivered from a single vendor are added perks to MicroSourcing™’s groundbreaking business advantages.
As organizations require more project-oriented outsourcing, MicroSourcing™ comes as a natural step. MicroSourcing™ is not about SLAs or multi-party agreements; rather it’s about transactional sourcing, which often requires taking initiative to deliver successful results. Resource planning and cost reduction are the needs of the hour for most dynamic organizations, and MicroSourcing™ addresses this very challenge by providing your team with leverage over traditional sourcing.
MicroSourcing™ accommodates ongoing production and operational support to your business via a “core” team who work alongside our clients and are managed by clients’ resources. Wise Men has a plan for all business needs. Our MicroSourcing™ options also include a “flex” team that provides project support, which is also managed by clients and their resources.
The strategic focus of Wise Men’s MicroSourcing™ Practice includes:
- Create a cost savings center
- Maintain a current service quality level
- Maintain SLA and security levels
- Easier access to the talent pool
- Better ramp up and ramp down times
- Reduce future operational costs
- Increase focus on innovation
- Knowledge management
- Focus on customer outcomes
Through MicroSourcing™, Wise Men delivers a cost savings of 15% or more on expenses, which directly impacts our clients’ bottom line.