Services
Spend Analytics & Savings Pipeline Development
Cleanse and review spend data across business lines to identify savings and cost optimization initiatives*. Develop spend taxonomies across market segments to help size and prioritize opportunities. Collaborate regularly with stakeholders to review and execute year-over-year value plans.
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*Initiatives may include both external, supplier-based efforts, as well as internal operational improvements.
Strategic Sourcing & Category Strategy Development
Leverage established, step-wise methodologies to enable data-driven, ethical and compliant processes:
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Internal demand and requirements gathering
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External market intelligence and benchmarking
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Supplier rationalization, identification and vetting
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RFx management
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Negotiation strategy development
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Contract negotiation
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Supplier and contract implementation
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Develop robust category strategies that incorporate spend analytics, market analysis, stakeholder and supplier mapping, short, medium and long-term opportunities, timelines and ongoing improvement plans.
Negotiation & Contracting
Develop fact-based negotiation strategies. Ensure best-in-class terms and conditions that protect your business interests, mitigate risk and provide financial protection and visibility, during and beyond the term of the agreement.
Supplier & Contract Management
Foster meaningful and measured business relationships that drive efficiencies and support your business goals. Implement and monitor appropriate service-level agreements and key performance indicators. Manage your supply base via regular cadence meetings, strategic business reviews and establish top-to-top relationships.