|
STRATEGIC PROCUREMENT
Structure your trade agreements to maximise the value of strategic procurement initiatives. Implement active rebate programs to protect channel prices, lower average cost of goods sold, lower cost of doing business and generate supply chain dividends from more efficient ordering and logistics practices
Benchmark current prices and service offers using our spend analysis and market testing services
SUPPLY CHAIN PERFORMANCE
Pricing Insight can assist with your procurement needs by building a strategic procurement plan that will protect your savings and stop 'spend' leakages in the supply chain. Our process begins with field research and analytics, applying spend analysis techniques to analyse your company's historical spend and purchasing data. We then produce a detailed written report locating the opportunities for savings in your supply chain costs
Pricing Insight can also work with your business to develop policies and controls that re-align your business functions toward a common pricing framework. This will ensure that managers are compling to their supplier contracts and optimising supply chain performance
Using Value Based Pricing techniques, we can assess the value generated by your suppliers, optimise your contract negotiations and maximise the value exchange between the relevant parties. Substantial amounts of savings are then realised when the focus is on total value, rather than price, attached to suppliers and purchasing contracts
BUILDING AND IMPLEMENTING STRATEGIC PROCUREMENT Identify your Savings
Opportunities
| - Pricing Insight can assess your company's aggregate level of spend
through: supplier rationalisation; demand aggregation and; supplier
performance
- This will evaluate whether your company is operating at an optimal
number of suppliers (ie. spend has not become fragmented and
uncontrolled from multiple suppliers and divisions) and evaluate your
current purchasing power with suppliers
- Pricing Insight can also identify your savings oppotunities on a
transactional contract level. This locates the spend leakages in areas,
such as ad-hoc discounts and rebates practices
| Implementing Strategic
Cost Management
| - Implement your cost-saving opportunities by aligning your business
functions toward a centralised pricing framework
- By centralising all pricing decisions across your business functions,
you will be able to increase contract compliance and reduce spend
leakages from ad-hoc overrides and discounts practices
- Pricing Insight can assist in building effective pricing controls and
processes, based on supply management best practice. This ensures that
your procurement strategies are successfully executived and maintained | | | |
For further inquiries into Pricing Insight's Strategic Procurement, please contact us on:
+61 2 9091 0226
|
