Understanding spend is the foundation for increasing returns from the investment in Procurement and Supply Management
Are the existing framework agreements used by the business to cover product and service requirements or is individual buying outside of such agreements feasible?
Are the key categories of spend known and pro-actively managed by the Procurement and Supply Management Function?
Transparency on spend includes understanding of company requirements and related supply markets likewise. These are the prerequisites for competitive and efficient sourcing activities. Getting a clear view on spend and competitiveness is often difficult because of non-stringent processes or decentralized structures.
We analyse your spend and match requirements, contracts and market conditions to increase the contribution to the bottom line by Procurement.