Cost Management
Our Aim is to build and develop your supply chain and take cost out of your business using the knowledge, tools and processes we have developed. The result - a robust supply chain and lower system costs'- Andy Skowronski
Cost management is the process of effectively planning and controlling the costs involved in a business and is considered to be one of the more challenging tasks in business management. The process involves various activities such as collecting, analysing, evaluating and reporting cost statistics for budgeting. By implementing an effective cost management system, a company’s overall budgeting can be brought under control.
Our methods include:
- Spend analysis
- Developing the strategic sourcing plan
- Implementing category management methodology
- Understanding the commodity element of your spend
- Developing commodity strategies
- Developing category plans
- Sourcing strategies based on the world's trade zones
- Lowest country sourcing analysis
- Supply chain rationalisation
- Setting up new suppliers and distributors
- Benchmarking and Gap analysis
- Implementing tools and processes
- Preparing the strategy and advising on major negotiations
- Understanding what is important to suppliers (supplier preferencing technique)
Results:
- Significantly lower costs
- Increased profitability
- Secure and uninterrupted supply chain
- Quality integrity enhanced
- Sustainable business systems employed enabling and empowering people
Over the years we have saved our clients millions of dollars using these methodologies.
For further advice or information please contact us
Case Studies
Front and Back of House Standardised Design Book - UK based client
Continue ReadingConsolidate the capital goods spend for three brands for a £10MM category
Continue ReadingSpend Analysis and Category Management - South East Asian Client
Continue ReadingA&C helps global company achieve $43M+ savings - Middle East Client
Continue ReadingRenegotiate a major Soft Drinks Contract for a Large Middle Eastern
Restaurant Chain
Continue Reading