Stonebridge Sourcing Solutions Inc, Mississauga, ON

Stonebridge Sourcing Solutions was formed in 2005 to serve a broad range of mid-market sized corporations throughout North America to develop sourcing strategies that assist with expense management and reduction across a broad range of expenditure categories.

The economic downturn in 2008 and the slow economic recovery has eroded the sales and revenue of many businesses, which means that a greater focus is being given to expenses to help improve the bottom line. Many corporations are realizing that the power of a dollar saved impacts a company's EBITDA greater than the impact of a dollar generated through sales (i.e. A company with a 5% profit margin must generate $2 million in revenue to earn $100, 000 of profit. Whereas, a $100, 000 in expenditure reduction hits the bottom line directly).