Product
An analytical assessment of the procurement department, to create a strategic supplier mapping, highlight the risk factors and identify areas where the department can be improved.
When
This assessment should be conducted when buying costs begin to erode the company margins, or when greater efficiency is needed.
Where
The analysis is carried out both at the company’s premises and at Fair Play Bizlabs.
Why
In the transformation industries, and others as well, buying is the main cost factor on operating margin. An in-depth assessment of the suppliers enables understanding which actions should be taken to improve company margin.
Time Frame
The project can take from a minimum of 3 to a maximum of 4 weeks, depending on the client’s complexity, size and geographic location.
Approach
The assessment involves a team ranging from 1 to 3 experts at maximum, with always 1 senior expert. Through collecting company data, organised interviews with management and the market benchmark, Fair Play consultants analyse the strategic supply portfolio, and offer a critical strategic assessment of the sector, supply categories and areas where actions can be taken to reduce buying costs.
Output
A detailed global report of the supply portfolio and strategic assessment of the risk areas, with focus on the areas for action.
Our Difference
Fair Play consultants have extensive practical experience and full knowledge of business operating problems, as they are not mere theoretical experts. Furthermore, extensive know-how in buying means Fair Play is able to conduct the analyses and give clear organized advice that can be effectively implemented. Transparent prices and respected time frames complete our offer.
