Many companies have conducted successful spend category analysis, but have later discovered that these savings do not materialise, and very little change can be seen to the bottom line. In other instances, companies who do not employ a full-time purchasing team may be yet to visit spend analysis, and simply add the job of purchasing to an existing role. Achieving deep and sustainable cost reductions across categories is not an easy task; it requires excellent data, well thought-out sourcing strategies, powerful negotiations and stakeholder involvement.
Saxon White Consulting is committed to delivering significant savings that can be directly traced to the bottom line. By investigating the current level of expenditure by category, establishing the client’s future requirements, and conducting in-depth market analysis, our procurement consultants can be identify and deliver sustainable long-term cost reductions.
The success of direct cost reduction is less dependant upon cross-functional teams than in-direct costs reduction, with delivery and support the only real concerns for the operational stakeholders. With this in mind, our purchasing consultants can review direct costs with little involvement from our clients, allowing them to get on with their day to day role safe in the knowledge we are saving them money in the background.
As for in-direct costs, our experience tells us it is only when an organisation commits to investing stakeholder time can it be guaranteed that the delivered solution meets the needs and objectives of the entire organisation.