Strategic sourcing can bring huge benefits such as better focus, greatly improved delivery and reduced costs. Savings of up to 30% are not uncommon.
Our consultants often begin a strategic sourcing assignment by applying expenditure analysis techniques to help understand an organisation’s cost and supplier base. The sourcing of specific categories of goods and services can then be identified for improvement according to the nature and level of benefits they might achieve.
Once these areas have been targeted, Cornwell consultants analyse the nature of contracts for bought-in goods and services to:
We then focus on delivering executable and sustainable implementation plans and robust business cases.
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