Improvement of the procurement management
At Euro-Funding we add value throughout the purchasing and procurement life cycle. We identify opportunities, propose production improvements, increase market share and increase profitability.
We carry out a complete consultancy by entering the entire purchasing value chain with our own project management methodology.
Do you want to buy differently, match demand to real needs and influence the price?
We reduce total acquisition costs, improve production efficiency and reduce capital employed.
Would you make changes in the management model?
We prepare a Master Plan that will allow you to know where you are and what you can do to improve your management model based on the best practices in the market.
Do you control the entire department budget?
A company’s Category Structure will improve your reporting, analyze your spending and allow you to track KPI’s.
Do you know how to avoid duplicate articles?
An optimized Referral Master will allow you a detailed control of the MMPP price evolution minimizing the obsolete ones.
Do you know the risks of the suppliers?
A Provider Panel Risk Analysis will allow you to know your current situation and the risks you face in order to minimize them.
Do you have your purchases digitized?
A specific Purchasing Platform would reduce management times by 40%, providing traceability in all processes.
Do your buyers need training?
It evolves purchasing management towards a strategic function, based on theoretical and practical training.
STRATEGY CONSULTING
Identification of opportunities and proposal of productive improvements in the whole life cycle of purchases and supplies:
Development of a Master Plan
It allows to know where the company is and what can be done to improve the management model based on the best practices of the market.
Cost Optimization Program
Identification of savings opportunities, proposal of production and consumption improvements and increase of market share.
Supply Risk Management
Application of strategies to manage and identify risks along the supply chain, based on continuous assessment with the aim of reducing vulnerability.
Material Structure and Article Master
In-depth analysis of the most relevant categories, establishing workshops with the specialists in each material/service
Sustainable Purchasing
Advice on the implementation of a sustainable purchasing strategy in line with the UN Agenda 2030 for Sustainable Development
TECHNOLOGY PLATFORM
Alliance with Synertrade (Econocom Group) which allows us to offer the Synertrade Accelerate e-procurement package:
- Reaching the next level of digitization through access to the best of today’s technology: cloud, big data, social networking and mobility.
- Simplification of purchasing work with the priority of cost reduction, thus streamlining the optimization and improvement of departments with the aim of achieving increasingly efficient processes.
- Remember that from the area of innovation they can help you in the search for funding for projects that mean a competitive improvement for the company.
OTHER CONSULTING SERVICES
IMPLANT
Incorporation of highly qualified Category Managers in the companies. Euro-Funding has a pool of experts specialized in each of the categories with training in the “best practices” of the market. We have our own methodology, processes and strategic and operational suppliers.
UNE 15896
Adaptation to the UNE 15896 Value Added Purchasing Management Standard, the first Community standard in the field of purchasing that certifies the degree of excellence of the purchasing function in companies.
TRAINING
Evolution of purchasing management towards a strategic function based on theoretical and practical training
HOW WE IMPACT COMPANIES:
Economical:
C/P impact significantly on the company’s income statement, through sustainable improvement in prices and trade agreements.
Productive:
By means of a process audit, time optimization and improvement of communication flows and/or purchase approval are achieved.
Strategic:
Strengthening the purchasing and procurement function.
Collaborative:
Transfer of know-how and transfer of best practices in the market
NEWS RELATED TO PROCUREMENT CONSULTING
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Ana del Moral
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Ana del Moral2021-03-09 11:21:382021-03-09 11:26:30The risk management of your suppliers
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Euro-Funding
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Euro-Funding2020-08-19 10:37:352020-08-19 10:40:00Competitive advantages of energy efficiency policies
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Almudena Fernández
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Almudena Fernández2020-08-12 08:38:522020-08-12 08:40:21After COVID19 having a strategy for purchasing is essential
