Procurement Cost Reduction

Cost optimisation is the central task of procurement. What constitutes an optimal price is influenced by many variables: in addition to the actual product costs, quantity, availability, quality and sustainability as well as working capital commitment flow into a cost analysis.

 

Exploiting potential through cost optimisation

Procurement has become more complex in recent years. The familiar matrix of price, quality and availability has been expanded to include the dimensions of sustainability and capital commitment.

Today, digital solutions already provide support in many areas, but they require an intelligent strategy and control in order to unfold real benefits.

Procurement managers need clear goals derived from the overall strategy in order to meet the diverse requirements in the best possible way.

With the experience of more than 20 years of business activity of our company, our experts support you in identifying potentials for cost reduction and offer you full support in implementing measures to reduce your procurement costs.

Get in contact

 

As part of our potential analysis, we segment and analyse the costs for all procurement goods, purchased products and services by commodity group. onsider both direct and indirect requirements and take into account the current procurement and market situation.

With our benchmarking approach, we have the appropriate strategy to deliver best-in-class solutions in your industry for your entire procurement organisation or for selected resources. In doing so, we do not work with across-the-board cuts, but examine within the framework of demand management what your expenditure structures are like and where there is a need for optimisation. As a result, you receive concrete information from us on which cost savings can be realised.

 

Get to know more about indirect spend

Effective procurement creates value for every company

After the analysis phase, we work hand in hand with your procurement staff to analyse the identified potential. To do this, for example, we sound out the procurement markets again, enter into negotiations with your suppliers or qualify new suppliers if necessary. Especially in today’s world, where remote working from the home office has become indispensable, online auctions are a valuable means of acquiring new suppliers and creating new competition among established suppliers. We would be happy to develop suitable concepts with your employees and implement online auctions.

Cost reductions can be achieved relatively quickly in many areas – within a few months. They increase the profitability of your company and have a direct positive impact on the margin. In addition, the freed-up funds are available for investments and thus pave the way for innovations and higher value creation. The goal of our projects is always to build your team into real partners in value creation. To this end, we also offer individually tailored further training in procurement.

 

Our cost optimization experts

Markus Bergauer

Managing Director

markus.bergauer@inverto.com Contact

Marcus Schwarz

Managing Director

marcus.schwarz@inverto.com Contact

Our cost optimization insights

Procurement Cost Reduction

Customer Magazine 20 years INVERTO

Of course, we are still a long way from achieving our goal and we are looking forward to the next 20 years of further growth in Europe.

Procurement Cost Reduction

Increase liquidity, secure supply

Increase liquidity, reduce costs, securing supply - INVERTO survey shows how companies are managing the COVID crisis

Procurement Cost Reduction

Combining sustainability and cost

There are six Shared Value Approaches in Procurement to create added value for your company and social benefits...<!--more-->