Defining and implementing value creation opportunities in the purchasing function by systematically analyzing spend and developing effective category-specific sourcing strategies.
Common Issues
Lack of visibility on total spend and levers to realize savings
“Old-school” procurement that neglects the benefits of strategic supplier relationships
High ratio of spot-buying due to a lack of framework contracts
Focus on processing orders & low emphasis on category-specific sourcing strategies
Imbalance in local content vs. out-of-country purchasing
Inadequate organizational behaviors and capabilities
How We Can Help
Sourcing Strategy: Design and implement category specific sourcing strategies
Spend Optimization: Analyze spend and identify savings opportunities
Capability Development: Provide hands-on support in developing procurement capabilities
Benefits
Reduced total procurement spend
Category specific sourcing strategies tailored to operational needs
Effective execution and management of critical contracts with clear KPIs
Balanced supply base that best meets localization and business requirements
Strong supplier relationships striving for end-to-end performance improvement