Procurement Excellence Consulting

Our Procurement Excellence Practice

Our procurement practice excels in delivering strategic sourcing and supplier management solutions, driven by years of industry expertise and cutting-edge analytics. We utilize a comprehensive approach to gain stakeholder alignment, provide category-specific insights and implement robust sourcing strategies. By employing a total cost approach, we help clients quickly achieve sustainable cost reductions.

Illuminating Procurement Opportunities
Our process begins with a thorough assessment, enabling us to prioritize strategies and uncover vital connections across categories, enhancing your sourcing approach. With our detailed analysis, we provide valuable insights that empower you to save costs, streamline procurement, and allocate resources efficiently.

Our Services

  • Spend Assessment: collect spend data, segment into relevant categories, determine addressable spend and engagement frequency.
  • Opportunity Identification: cross functional interviews, internal and customer-driven qualification requirements.
  • Current State: sourcing strategy, supplier relationships and single-sourced.
  • Roadmap: identify value potential from big ticket items to tail spend.

Driving Procurement Excellence
We excel in boosting procurement value through strategic sourcing, harnessing spend analytics, pinpointing category opportunities, and spearheading sourcing initiatives. By customizing proven strategies to your goals, we employ a total cost approach to amplify savings and enhance stakeholder satisfaction.

Our Services

  • Spend Analytics and Pipeline Development: high impact categories, opportunity ranking, sourcing and savings execution plan.
  • Strategy Development: determine engagement approach and engage stakeholders early, enabling accelerated results and economic leadership.
  • Commercial Engagement: pandemic-driven inflation clawback, competitive market disruption, multi-tier engagement, and shared cost reduction.
  • Change Management & Implementation: aligned execution of sourcing strategies.

Fostering Innovation and Enhancing Value
We thrive in assisting clients with supplier development, customizing management programs, and fostering innovation-centric relationships. Our services encompass strategic insights, assessments, and skill development to optimize value. Developing suppliers aimed at providing competitive solutions, global responsiveness, strategic alignment, and high quality.

Our Services

  • Supplier Framework: design customized approach aligning with your business objectives to drive value and efficiency.
  • End-to-end Supplier Management: from strategic planning to performance tracking, we offer comprehensive support across all facets of supplier management.
  • Trusted Partnerships: ensure suppliers understand your business goals and work collaboratively to achieve them.
  • Risk Management: identify and address potential risks to ensure supply chain stability.

Collaborative Approach for Procurement Success
We collaborate with clients to evaluate the existing status of the category, design strategies to meet the unique needs of the organization and oversee their implementation with a plan for continued management. Projects range from focused topics within particular spending areas to the entirety of category management, ensuring comprehensive solutions tailored to each client’s needs.

Our Services

  • Customized Strategy: tailor category management to optimize procurement for cost efficiency, considering total value chain and market dynamics.
    Supplier Collaboration: enhance supplier relationships to streamline sourcing processes and improve performance.
  • Data-Driven Approach: employ analytics to consolidate, standardize, and innovate category portfolios.

Elevating Performance and Mitigating Risks
We offer comprehensive contract management services designed to boost speed to market, mitigate supply chain disruptions, and maximize commercial value. We streamline processes and improve contract quality, enhancing visibility, compliance, and stakeholder satisfaction while reducing risk and increasing operational resilience.

Our Services

  • Authoring and Negotiation: expert support in creating and negotiating contracts to meet evolving business needs.
  • Administration Optimization: streamlining approval processes and enhancing transparency.
  • Risk and Compliance Management: identifying and mitigating risks with maximum value, contract compliance, commodity index and lag optimization.
  • Performance Management: monitoring obligations and SLAs to enhance visibility, reduce value leakage and enable proactive contract management.

Solutions for M&A Integration Success
Delivering customized procurement solutions for acquisition targets. We specialize in identifying synergies within mergers and acquisitions, enhancing cost efficiencies and operational performance, ensuring seamless integration, and maximizing value generation for our clients.

Our Services

  • Due Diligence Support: comprehensive due diligence support, synergy identification, procurement strategy review, supplier and contract assessment.
  • Post-Acquisition Integration: facilitate seamless integration of procurement functions post-acquisition, leveraging expertise to align processes, negotiate contracts, and capitalize on synergies for enhanced performance and value creation.

HOW CAN WE HELP?

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