Purchasing: avoid pitfalls
Also, are you looking for the best strategic partnerships to reduce costs, improve processes and increase profits? Avoid the pitfalls of a low purchasing maturity:
- A lack of interaction between purchasing and the business.
- Hidden risks such as single sourcing, culture differences, etc.
- Insufficient M&A purchasing synergies.
This path will increase the maturity of your purchasing actions and hence avoid pitfalls.
What results can I expect?
Higher profits
Reduce costs and/or increase added value with the right TCO methods and create new solutions which can stimulate sales via cross-functionality
Improved working capital
In this respect, we work actively on DSO, DPO and inventory management. Cash is king!
In this respect, we work actively on DSO, DPO and inventory management. Cash is king!
Better compliance
Optimise your purchasing processes and the interaction of purchasers with your business. And meet compliance criteria with ease.
Optimise your purchasing processes and the interaction of purchasers with your business. And meet compliance criteria with ease.
Less risks
Map the potential impact of single sourcing and existing dependencies. Increase allocations with key strategic suppliers and focus on partnerships.
Map the potential impact of single sourcing and existing dependencies. Increase allocations with key strategic suppliers and focus on partnerships.
How this is achieved?
Following services are offered :
* Opportunity & solutions screening (sourcing, risks, process improvements, organisation, synergies, etc.)
* Implementation of detected opportunities from A to Z
* Team and/or individual functional coaching in terms of procurement
* Training sessions (from basic to extensive)
Potential topics in a tailor-made offering
Strategic sourcing
In this segment, we focus on strategic partnerships with suppliers to reduce costs or to increase/secure added value.
Creating a robust organisation, incorporating TCO elements and risk avoidance will contribute to your SMART objectives.
Creating a robust organisation, incorporating TCO elements and risk avoidance will contribute to your SMART objectives.
Business integration
Modern companies have abandoned silo structures. Pull purchasing out of isolation and secure business integration as key element for your company.
This cross-functional approach to operations will positively influence product innovations, growth, cost reduction, etc.
This cross-functional approach to operations will positively influence product innovations, growth, cost reduction, etc.
Working capital
Detailed analyses of vendor payment terms/processes, lead times and warehousing. Reduce inbound lead times and improve your working capital.
A more agile supply chain will be created allowing you to interact faster and be more flexible in satisfying customers’ needs.
A more agile supply chain will be created allowing you to interact faster and be more flexible in satisfying customers’ needs.
Merger & acquisition synergies
Develop M&A purchasing synergies between stakeholders during the due diligence process and/or after confirmation.
Achieve synergy results within the defined time-frame, leverage scale effects and maintain/improve trust levels of your shareholders.
Achieve synergy results within the defined time-frame, leverage scale effects and maintain/improve trust levels of your shareholders.
International culture
Gain insight into cultural differences between countries, develop better strategies for meetings and achieve better results with European business partners.
We focus on elements such as communication style, establishing trust, dress sense, attending lunches & dinners, etc. Make these differences work for you!
We focus on elements such as communication style, establishing trust, dress sense, attending lunches & dinners, etc. Make these differences work for you!
Why do customers use my expertise?
Solutions that work
I do not impose a process or methodology. Before we start with implementation, the business context is jointly analysed and mapped in detail by asking direct questions. Without extensive PowerPoint presentations; just workable solutions.
Get everyone involved
I have strong communication skills: I am in touch with the workforce and C-level executives; I speak Dutch, French, English, German, Spanish and Italian and take cultural differences into account. Consequently, I create better alignments and achieve results which seemed difficult to reach beforehand.
Future-proof processes
With Audi, Volkswagen and Tenneco, I oversaw many process and development audits using my Lean Six Sigma background. Hence, I know what is needed to make processes future-proof.