We help companies develop Sourcing Strategies for building a strategic competitive edge and a sustainable future.
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World class procurement organizations can reduce their cost base by an average of 5-10% and deliver additional savings of 1-3% annually. This over time leads to cost leadership within the industry.
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Strategic Procurement: Cost and competitive leadership can be achieved with robust procurement strategies. These strategies have to be fully aligned with the over all business strategy, flexible and capable of delivering results year on year.
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Procurement strategy will include end-to-end analysis, reporting and recommendations, including:
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Assessment of current procurement strategies, processes and skills
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Identification of opportunities for improvement
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Presentation of options, resources and potential improvements
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Recommendations for implementing improvement measures
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We help you develop, implement, fine tune your procurement strategies in line with your organization goals and objectives.
A world class procurement organisation needs to build the right balance between the following four objectives:
Procurement Transformation
Quality
Cost
Speed
Surety of supply
We help you break down your business strategy and build up the procurement strategy to achieve the right balance between the above four key objectives
Procurement Transformation
Procurement Transformation Process
Processes, Tools & Training:
Implement Best In Class procurement processes and tools:
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Policies & Procedures
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Negotiation Training
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Strategy Development
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Connecting the market insights
Supplier Performance & Relationship Management
Build supplier relationships and performances that focuses on:
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Strong supplier relationships
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Market leadership
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Sustainability
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Risk Management
Strategic
Sourcing
Supplier
Performance &
Relationship
Managment
Opportunity
Identification
Supplier
Negotiations &
Contract
Sustainment
Category
Management
Assessment
Strategy Build
& Execution
Processes, Tools,
& Training
Assessments
Develop a present state profile to build a tailored strategy(s) through:​
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Spend Analysis​
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Contract Review​
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Industry Benchmarking​
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Maturity level/Best Practices
Opportunity Identification
Align strategic business direction with procurement strategy in line with market trends to identify feasible projects to:
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Increase Operational Efficiencies
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Drive Business Value Creation​
Supplier Negotiation & Contracting
Negotiate and close contracts based on Total Cost of Ownership basis which provides:
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Strategic advantage
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Easy maintenance
Strategy Build & Execution
Develop and implement strategies that ensures value creation and growth through:​
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​Leadership Collaboration
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Value Stream Mapping
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Strategic Competitive Advantage
How To Achieve Cost Leadership?
It all starts with a focus on Budget and Savings Targets, broken down on quarterly basis and into categories.
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Cost Leadership involves deep diving into key spend categories, evaluation and developing a focused category strategy.
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The process involves Value Stream Mapping of the big spends, identifying opportunities in the end-to-end supply chain and developing strategic projects to realise the opportunities which deliver the cost leadership to the business. This is done with Risk Management Strategy being in place as well which basically is security of supply and cost leadership.
We work closely with your procurement team in executing and delivering the Strategy for Cost Leadership, desired results, with regular reviews/ feedback from key stakeholders.
We provide complete, end-to-end procurement solutions