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.
Establish has helped 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: