Supplier Rationalisation
Support
Organisations operating in silos need to consolidate contracts across their enterprise, to obtain visibility of all contractual and non-contractual spend. The optimisation and prioritisation of your supplier base is as much about how you manage engagement with them, as the number you have or the price they charge you.
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The commonly held view that rationalisation simply means cutting suppliers. We appreciate and understand that this is not always the case since mapping your supply base to business needs may actually increase the number of suppliers you work with, as well as enhancing the opportunity presented to them.
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Our approach to supplier rationalisation gives careful consideration to your company’s goals. We assist in prioritising strategic sourcing and value creation through analysis, collaboration, minimising maverick spend (also called tail spend) whilst ensuring that you maximise leverage and eliminate invoice fraud. We will work in partnership to identify and develop the relevant supplier base for your organisation.
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