"Sustainable product & process is future"

Procurement

World-class procurement organizations can reduce a company's purchasing cost base by an average of 8%–12% and deliver additional annual savings of 2%–3%. We work closely with your team to identify and realize savings across all spend categories and procurement levers, and we build your organizational capabilities so you can sustain those gains over the long term.

Our Strategic Procurement Planning process enables you to chart an effective path to savings based on in-depth cross-functional alignment and an unwavering focus on your overall business strategy.

Our four-step approach begins with budget and target-setting, including the establishment of quarterly and annual budgets, an annual procurement savings target, and periodic updates to quarterly budgets as needed.

Defining the operating plan entails setting category strategies and savings targets, and setting and revising Sourcing and Program calendars.

Executing the operating plan encompasses a review of category and supplier performance, a review of property implementation, and collecting customer feedback.

This enables you to track and validate EBITDA impact, as well as reconcile shortfalls, book a realized EBITDA impact each quarter, revise the budget as needed, and review results with leadership.

Insights