COST SOLUTIONS

Generating savings through identifying and implementing levers for cost optimization

  1. Diagnosis 
  • Analysis of axes that characterize spending.
  • Identify needs and types of purchases.
  • Define strategy and optimization levers to implement.
  1. Operational Execution 
  • Implementation of optimization levers .
  • Setting up identified best practices .
  • Operative support in development and launch of strategy .
  1. Monitoring
  • Control of results and savings generated .
  • Reporting of results obtained .
  • Implementation of corrective actions .
PILLARS THAT GUARANTEE THE PROJECT’S SUCCESS:

THREE FUNDAMENTAL PILLARS THAT GUARANTEE THE PROJECT’S SUCCESS

Analysis of the different sources of spending 

We work with our clients to implement the modifications necessary for real, sustainable savings

We obtain savings that meet required quality standards and cover identified needs

OUR METHODOLOGY

  • Detailed analysis of current supplier panel to evaluate market position .
  • Assessment of commercial relationship, approval of suppliers and their importance in the panel. 
  • Analysis which allows us to evaluate the quality and relevance of the current supplier panel. .

  • Thorough analysis and understanding of the needs and characteristics of the acquired product or service.
  • Analysis of the adequacy of the product with respect to identified needs, technical alternatives, typology, cyclicity and consumer profile
  • This allows us to define the optimization of needs management in functional terms.

  • Complete study of the contractual conditions, review of tax agreements and payment documents. .
  • Analysis of tax rate structure as well as any hidden or extra costs.

TCO Analysis permits us to evaluate tax competitiveness relative to the market benchmark.

  • Analysis of internal needs management: organization, fluxes, tools, decisions. 
  • Mapping of internal processes, Requirements Audit, Policies and company needs to find the purpose of purchases made relative to good market practices. 

Analysis which allows us to define the optimization of internal demand management .

EXAMPLE REAL CASE STUDY

A Spanish company in the Food Sector, dedicated to the processing of seafood, with presence in Spain and Italy (Europe), and Brazil and El Salvador (LATAM). 

Economic Results

  • Savings over 1M€

Organizational Changes 

  • Redesigned Logistical Model (Internalization of services with added value and externalization of those without) 

Supplier Panel

  • Addition of new suppliers and reorganization of purchase volume to assure service 

Buying and Planning 

  • Improvement in the management of information between departments to optimize the sizes of batches and the associated logistical costs 

Implementation of SLA with all strategic providers and definition of follow-up KPIs