How can you improve the bottom line without making customers or staff feel like they’ve been short changed? By eliminating every element of waste in the external spending category that, on average, accounts for between 40 and 70 per cent of a company’s cost structure.
From capital projects to capital equipment, raw materials, outsourced services and the full range of indirects, every form of sourcing and procurement should be under the microscope. There is increased pressure to consider international sourcing options and ensure that the balance between bulk purchasing and just-in-time delivery has been optimised. At the same time procurement processes and systems need to be reviewed to ensure demand is managed appropriately in the line of business.
Yet business leaders who do find savings are also finding it hard to sustain them, as costs have a way of creeping back into the system. How can you save a sourcing dollar today in a way that won’t force you to go out and save it again a year from now?
Deloitte has developed a comprehensive Strategic Sourcing and Procurement practice, offering our clients the experience and skills needed to drive down costs and improve the bottom line. Our professionals have a demonstrated track record of measurable, sustainable results because they have the knowledge it takes to identify savings opportunities across the whole spectrum from sourcing inputs to final payment (‘Procure to Pay’). We know from experience that immediate benefits can be obtained by giving close consideration to:
In addition to our core consulting capability, the breadth of Deloitte’s service offering allows us to meet your specific needs: