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| OUR MISSION Purchased goods and services can account for 50 to 80 percent of a company's expenditure. It is hardly surprising, therefore, that after pricing, reducing purchasing costs is the most powerful way to improve shareholder returns. We take a practical approach to your strategic sourcing needs recognizing that you have both a need for immediate cost reductions and long-term capability building.
OUR OBJECTIVES We work with you to ensure that our engagement more than pays for itself by including a mix of category cost reduction initiatives and organization capability evaluation and building. The categories we can address include everything from recurring commodity purchases to your most strategic make vs. buy decisions. The key is that we will customize our engagement based upon your most pressing business needs.
OUR EXPERTISE
Strategic SourcingMake vs. Buy eAuctioning Commodity Management Demand Management Organizational Design
OUR APPROACH - Costs – Evaluate expenses by category including internal costs. Define total cost of ownership
- Capability – Assess current capability vs. benchmarks in strategic sourcing
- Category – Pinpoint largest category opportunities from a mix of quantitative and qualitative data
- Controllership – Evaluate expenditure controls. Eliminate any extraneous spend
- Initiatives – Target largest opportunities first – work with your team to build capability
OUR IMPACT Our impact varies by client, but we typically see a 10% one-time cost reduction from our category initiates, and 6-8% recurring improvement from our long-term capability building.
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