Purchasing typically handles a substantial share of a company’s total costs which makes it an important strategic area with major bottom-line impact. The increased level of outsourcing, global sourcing and shorter product life cycles has made purchasing an even more critical area for success. Montell & Partners offers purchasing services within a broad range, from setting a company’s purchasing and sourcing strategy to hands-on assistance such as spend analysis and supplier negotiations.
Capturing Purchasing Potentials
Purchasing typically handles up to 60-70% of a company’s costs making cost reducing initiatives essential to drive business potentials. Capturing purchasing potentials can be achieved through cost reductions, training of the purchasing organisation, improvement of processes and organisations, and enhancing supplier relations and development. Montell & Partners works in close cooperation with the customer to ensure the project’s successful execution and internal buy-in of the improvement work.
We are flexible and customize our approach to suit you and your organization and can help you within the following areas among others:
- Strategy development
- Cost rationalization projects
- Category management
- Supplier relationship development
- Supplier evaluation and negotiations
- Risk management
- Project management of important purchasing projects
Potential Purchasing Analysis
A potential analysis can identify possible improvements within all areas of an organisation, targeting costs, capital, quality, lead times, relations and processes, to improve the purchasing substantially. Montell & Partners can support your company by analysing your current performance and identify improvement and potentials. The result is a diagnosis of the current purchasing situation, including improvement suggestions and concrete plans for realizations.
We act as a neutral, external part and we are used to handling different demands and to optimize the result as well as ensure realization of identified potentials. This can be done through the following:
- Purchasing spend analysis
- Negotiation and commercial analysis
- Purchasing organization and process analysis
- Benchmarks, risk and sensitivity analysis
- General agreement and call-offs analysis
- Index analysis (e.g. raw material price index)
- Inventory optimization