HOME ABOUT CONTACT SWE VERSION SITEMAP Business Analytics » Supply Chain Operations » Service Operations » Small and Midsize firms » Supply Chain Management Distribution and Logistics Strategy Freight Management Warehousing Sourcing and Procurement Sales and Operations Planning Project Management Download Brochure Supply Chain Operations Sourcing and Procurement Analysis of total supplier spend to determine cost reduction potential and assess opportunity for savings across enterprise-wide spending. Benchmark purchasing functions to identify processes that are not best in class—transaction processing, solicitation development, contract administration, and others. Formulate contracts with best in class terms and conditions to increase compliance and reduce maverick spend. Improve supplier performance by developing and implementing comprehensive supplier performance evaluation programs. Procurement Services Procurement organizations are becoming value added departments in companies by playing a stronger, more strategic role. Procurement groups understand the value of cost reduction and some companies are even utilizing purchasing as a way to generate revenue. On average, purchased spend amounts to nearly thirty percent of a company's revenues. This is a target rich environment for opportunities in cost reduction. Better spending habits and improved supplier relationships increases shareholder value. Obstacles to best in class procurement include little or no insight into spending with suppliers, labor intensive procurement processes, lackadaisical sourcing approaches, and a scarcity of well trained procurement professionals. Schening can help many procurement organizations overcome these obstacles. Our consultants can help you increase visibility into your total spend, assess opportunity for savings, implement sourcing programs to achieve and maintain savings, and identify weaknesses in your purchasing organization. Our range of procurement services include: Procurement Assessment. A comprehensive review of your procurement organization for best practices and potential weaknesses. Results in opportunities for improvement and potential implementation recommendations. Strategic Sourcing. A structured approach to conducting spend baseline, selecting procurement approaches, developing the bid, analyzing bid responses, and supporting supplier negotiations for chosen commodities and/or services. Business Process Outsourcing. Procurement is oftentimes not a core competency and external expertise can bring proven experience and strategies. Outsourcing one or more procurement initiatives can lead to cost savings. Spend Analysis. A detailed analysis of how your company is spending its financial resources. Spend can be segmented by supplier, by commodity, by department to highlight problem spending. For more information on our procurement services and how Schening can help your company identify spend management opportunities send us an email or call us. For more information about Supply Chain Operations contact Mats Wahlberg, 08-23 30 10