Revolutionize your procurement approach with our specialized cost optimization skills, designed to address market challenges and increasing costs. Our tested methods guarantee your business remains competitive, even in unpredictable economic conditions.
Navigate Volatility & Rising Costs
With over two decades of experience in cost-reduction initiatives across global industries, our team offers unparalleled expertise to help businesses tackle volatility and escalating expenses. We deliver tailored solutions that thrive in both stable and unpredictable markets.
Unlock Opportunities
Our deep industry knowledge and advanced strategies for Total Cost of Ownership (TCO) and direct spend reduction enable businesses to maximize savings. With a strong history of optimizing indirect spend, we ensure every cost-saving opportunity is realized.
Achieve Faster Outcomes
Our specialists excel in negotiation strategies, leveraging principles from game theory and psychology to elevate the negotiation process. This scientific approach ensures accelerated results and the best possible outcomes for our clients.
Managing expenses has become a critical focus for leadership teams in every sector. The present economic conditions have heightened the challenges of procurement, driven by persistent disruptions, sustainability demands, and the push for innovation – all of which are fueling cost escalation. Furthermore, elevated interest rates and the risk of financial instability are adding strain to organizational budgets. In response, businesses are seeking strategies to cut costs without compromising their operations.
As part of our comprehensive services, we assist in mitigating cost increases across the supply chain, such as in sourcing raw materials, optimizing working capital, and achieving an effective balance in expense management.
Managing costs effectively and on time is paramount to maintaining profitability and a competitive edge. We have developed two innovative digital solutions for:
These tools provide a tailored framework to address specific challenges and manage costs dynamically, ensuring businesses can navigate market volatility with confidence and precision, whether through reactive measures to protect value or proactive approaches to maximize it.
Curious about more details? Then, look at our video and request the free demo video to understand the tool’s capabilities.
The IVM tool takes a proactive, more offensive approach to cost management. It is designed to help businesses participate ideally in market volatility, avoiding cost increases and maximizing cost decreases. IVM identifies risks and opportunities ahead of time, enabling companies to proactively contact suppliers when opportunities arise. This tool indirectly steers cost management by establishing fact-based savings goals that reflect the current market situation.
It provides a comprehensive view, combining individual negotiations with a broader strategic perspective, ensuring businesses are always positioned to capitalize on favorable market conditions.
The IVP eases reactive claims management. It is focused primarily on avoiding cost increases claimed by suppliers. This solution is designed to be activated when a supplier presents a cost increase claim, enabling companies to evaluate risks and respond effectively. IVP guides users through the end-to-end cost avoidance process, providing step-by-step information on what has happened and what actions to take.
Curious about more details? Then, have a look at our video.
We use Advanced Analytics and GenAI to uncover potential savings, providing a comprehensive view of both direct and indirect spend, tailored to industry specifics, and including a TCO perspective.
Advanced Cost Levers for Direct Requirements – Industry experts apply advanced commercial and technical strategies, leveraging industry-standard approaches.
We enhance supplier negotiations with a structured, process-driven approach, incorporating game theory, auction strategies, and Bonus/Malus systems.
Our programs upskill procurement teams in cost management, negotiation, and digital capabilities to boost performance.
Develop creative strategies to achieve NEGOTIATION Excellence
Companies that invest extensively in preparation for negotiations with their suppliers and develop a detailed procurement negotiating strategy can achieve significantly better results.
