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Procurement & Cost Management

The role of Procurement in today’s business arena has become ever more important and, at the same time, much more complex.

Some of these challenges can be characterized as follows:

  • Organizational concepts in Procurement are evolving towards new models (local and glocal, central vs. decentral)
  • Increased competition leads to increased complexity (integration, risk management)
  • Rapid market changes and loss of insight into cost structures (insourcing, outsourcing) require Fair Price evaluation practice like ‘Should Cost’ and competitive tear-down
  • World Class focus has shifted from transactional to relational, value-based practices with a new and versatile set of VALUE improvement methodologies
  • Organizations are shifting from a supply chain view to a full VALUE CHAIN view, in which procurement is a fully integrated practice, that works with all functions including R&D, supply chain, manufacturing and sales and marketing
  • World class buyers must become experienced value chain integrators, which requires continued learning and evolving skills, like Contract Management and Value Analysis

EFESO Consulting professionals are uniquely equipped to help you address and overcome these challenges. Our experts will help you to:

  • Understand your level of maturity and seize opportunities, both within the Procurement organization and across your integrated Value Chain - from R&D right through to your Customers
  • Shape the best sourcing and cost management strategies for your company, knowing where to have relational contracts and where to have transactional
  • Turn those strategies into practical actions for rapid results today, as well as sustainable results tomorrow
  • Align your own organization, processes and systems to ensure sustainability
  • Build your leading-edge capabilities, including digital visibility and ‘Should Cost’ tools

Procurement is fully integrated into our model for Value Chain Progression, so we can assure you of our quality support both in functional improvement and in End-2-End Value Chain optimization.