Outside of wages, when organisations think of improving margins and profitability they focus on realising savings from procuring goods and services.
Our approach to a diagnostic process includes the following:
- Review, analyse and plan your procurement and inventory management
- Review and develop strategic and operational procurement processes
- Review and develop static and dynamic stock-keeping and replenishment policies
- Review our supplier relationship management
- Review your information flow and financial flow in the procurement process
- Review and optimise your tools for sourcing and other procurement functions
- Identify variations and wildly differing prices paid for the same product across the organisation
