Expertise
In the interests of optimizing a company’s purchasing activities, a project should push for a systematic diagnosis first, followed up by the design of a global sourcing concept combined with the analysis and optimization of the existing supplier portfolio.
Several crucial questions have to be answered:
- What sourcing strategies should be followed in order to enable (quick) savings?
- What is the right balance between realizing cost savings and constantly optimizing product quality and (technical) performance?
- What are the most suitable negotiation strategies for the specific industry?
- What are the features of an integrated transformation program that can get changes implemented within the purchasing organization’s structure and culture?
References
Optimizing the purchasing organization and reducing material costs for a component manufacturer