Ensuring that a business is getting the best value from its suppliers is a key element of maximising profits. The sourcing strategy that is employed will often need to vary by category, balancing the purchase price against quality and service. Different drivers need to be evaluated for direct materials, goods for resale and indirect goods and services.
Crimson & Co works with businesses to set the appropriate sourcing strategy by category and then select the most suitable supplier(s) through a rigorous strategic sourcing process based on total cost of ownership. This often involves challenging preconceptions of the drivers of demand, in addition to looking at the key supply requirements.
After the initial hype, e-Procurement has matured and is now delivering benefits to businesses. However, the adoption of appropriate internet based technology can be a very complex task. These technologies include online auctions, e-RFX, e-Procurement, e-catalogues and online marketplaces, ranging through a whole range of tools for both direct and indirect goods and services.
We help businesses to select the most suitable technologies for their
requirements from a completely independent viewpoint. We are committed
to working with businesses to determine the benefits from any new technology
prior to recommending any new processes or systems.
"A very insightful report that allowed us to target substantial procurement
cost savings. Instrumental in delivering the results to the bottom line"
Peter
Whitehurst
Strategic Projects Director
European Consumer Healthcare Business
Click here for relevant procurement experience statement