Procurement Cost Reduction
Procura Consulting helps organisations to deliver benefits to their bottom line and maximise the value that procurement excellence can deliver.
Our experienced team brings a proven track record of market knowledge, insight, engagement and execution to the table, ensuring that our cost reduction activity delivers clear cut results (typically measured in double digit saving percentages) and lasting return on investment
Our Cost Reduction Programmes deliver:
- Cost reduction using strategic sourcing techniques that are based upon Category Management principles
- Stakeholder engagement and inclusion to ensure sustainable results after each programme is complete
- New and innovative approaches to Spend Categories - considering total cost of ownership, identifying and delivering unit price improvement and service level enhancements that drive bottom line benefits and other business efficiencies
- A focus on execution and quantifiable results
The Procura approach
Our team has deep supply market and category knowledge which is leveraged using a structured sourcing methodology.
From creating category baselines, through supply market analysis and sourcing strategy creation, we help organisations to develop bespoke solutions that deliver tangible results.
Our process includes using advanced techniques and levers for direct and indirect spend areas including:
- Strategic sourcing
- E-sourcing and e-auctions
- Specification optimisation
- Demand management
- Process optimisation
- Low cost country sourcing
Once an appropriate strategy is identified, Procura can either self-deliver or support your existing team to run RFx processes, structured negotiations and the contracting process to make sure that all identified benefits are realised.
We have a tried and tested methodology enabling us to rapidly and efficiently deliver clear and actionable analysis to clients. We deliver more than 20 spend analysis projects a year for clients.
Our clients range from small companies to global corporations, as well as Private Equity portfolio investors.
We are specialists in procurement cost reduction. Our consultants work closely with all kinds of organisations to improve their profitability through identifying, delivering and maintaining savings in procurement expenditure. A relentless focus on bottom-line results combined with our deep supply-market knowledge ensures that spend is optimised – and stays optimised.
- Our team has achieved over £25m in savings
- Projects are self-funding with no risk for clients
- We work closely with your people to embed best practice
- Our unique spend intelligence service ensures ongoing savings