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OUR SERVICES
Opportunity Identification
Using advanced spend analytics we will assess your current addressable spend and identify key areas which can be optimized through improved contracting
Policy CREATION
By creating bespoke purchasing and travel & expense management policies designed with best practices we can help you contain and manage ongoing spending practices
ACCELERATE COST TAKE OUT
Using an agile approach POP will run sourcing waves in the direct and indirect spend areas to reduce your annual run rate on third party spend
System & Process Optimization
We can design and document your end-to-end source to settle (S2S) processes to ensure third party spend is appropriately qualified, onboarded and managed and your P2P system is optimized.
ORGANIZATIONAL DESIGN
We can assist you in creating your own procurement discipline by designing an organizational structure consistent with your needs and company size
ENGAGEMENT APPROACH
anALYZE
We begin by analyzing your spend data, Key supplier contracts and invoice level data. Key stakeholder interviews are then scheduled to obtain key business and technical requirements.
IDENTIFY
Once the analysis phase is completed we will identify opportunity areas and estimated cost savings. We will come to agreement on the scope of the engagement and negotiation approach
EXECUTE
Once scope has been agreed on, we will begin to run sourcing waves which will include both RFx events and structured supplier contract renegotiations to deliver cost savings and optimize contractual terms.
outcomes
COST SAVINGS
Reduce third party costs for client, helping businesses increase their profits and improve EBITDA
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Contract excellence
Protect client from future price increases by aligning purchasing and contracting strategies.
risk reduction
Through supplier consolidation and appropriate leveraging reduce the number of suppliers you work to mitigate risk