
Procurement optimization
To achieve the greatest possible and most sustainable cost savings, deriving measures individually tailored to your company is the key to mutual success. Our holistic approach is divided into three central areas:
- Potential analysis (quick check or 360° analysis)
- Cost optimization
- Category management
quick check or 360° analysis
Potential analysis
Based on an implementation concept tailored to your company – either developed in the course of an upstream potential analysis or at the start of the project – we realise existing cost-saving potentials with your purchasing department.
Thanks to a suitable team mix of TMG consultants made up of technicians and business people as well as consultants and purchasers, almost all activities can be taken over by us.
This includes, for example,
The potential analysis as part of procurement optimisation is an important step in identifying efficiency increases and cost reductions. The approaches and methods mentioned are explained in detail here:
- Quick Check Potential Assessment:
- This is a quick, often superficial review to identify initial indications of optimisation opportunities in procurement. In a short period of time, central key figures and processes are examined to identify potential savings and efficiency improvements.
- 360° analysis & segment benchmark:
- A comprehensive examination of all relevant purchasing processes and structures. This takes into account internal processes as well as external market conditions. The segment benchmark is used to compare a company’s own purchasing performance with that of its best competitors or industry standards, in order to clearly identify weaknesses and potential.
- Analysis of ordering and sourcing behaviour:
- This involves analysing the company’s specific purchasing and procurement behaviour. The aim is to identify patterns in ordering behaviour that lead to inefficiencies, e.g. due to order quantities that are too small or an unfavourable choice of supplier. In addition, sourcing behaviour is reviewed to identify savings potential, i.e. the way suppliers are selected and contracts are designed.
- Review and analysis of the product and cost structure:
- This approach examines which products or services incur the highest costs in purchasing and how they are structured. The product and cost structure is then checked to see whether the products are being procured efficiently and at optimal cost. The aim is to reduce product diversity, standardise and reduce unnecessary complexity in order to lower costs.
- Conducting value and purchase price analyses:
- The aim here is to assess the actual value of a product or service in relation to its price. Purchase price analyses check whether the prices paid are in line with the market and whether costs can be reduced through negotiations or alternative sources of supply. Value analyses aim to optimise the functionality of products while reducing costs.
Reducing costs actively
Cost optimization
It has proven practicable (in particular considering the necessary and usually scarce resources on the customer side) to divide a holistic cost optimisation project into three stages.
The first stage is aimed at realising short-term savings and quick wins, mainly by way of negotiations and optimisation of standardised products and services.
Achieve the greatest possible and most sustainable effects
Category management
Purchasing is organized by product category to leverage strategic advantages. Key measures include developing strategies, market analyses, identifying and reducing supply risks, regular supplier negotiations and creating transparency in the purchasing portfolio.
Additional services
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