Spend Optimization & Negotiation
Optimize spend through strategic supplier rationalization, category management, and expert negotiation services.
Discovery Phase Highlights
Comprehensive Spend Audit
Detailed analysis of spend data across all categories.
Supplier Base Assessment
Evaluating supplier performance, risk, and consolidation potential.
Optimization Roadmap
Developing a prioritized plan for savings and negotiation.
Key Optimization Levers
- Supplier Rationalization
- Expert Negotiation Services
- Contract Compliance & Renegotiation
Engagement Timeline
- Initial Analysis & Planning: 2-4 weeks
- Optimization Execution: 8-12 weeks per category/initiative
- Monitoring & Reporting: Ongoing
Moonshot Targets
Moonshot Targets represent ambitious, transformative goals that go beyond incremental improvements. Achieving these targets signifies a fundamental shift or breakthrough in performance, capability, or market position related to this use case.
8-15%
Addressable Spend Savings
20%
Reduction in Maverick Spend
Improved
Supplier Performance & Risk Profile
Integration Points
Data Sources
- • ERP / Financial Systems Data
- • Procurement Platform Data
- • Contract Repositories
- • Supplier Performance Data
Execution Platforms
- • eSourcing / eAuction Tools
- • Contract Lifecycle Management (CLM)
- • Supplier Relationship Management (SRM)
- • Business Intelligence (BI) Tools