Strategic Procurement
Reduce Costs, Enhance Supplier Optionality, Reduce Supply Risk, Improve EBITDA, Service & Quality
Benefits & Track Record
10% to 20%
EBITDA growth
40% to 100%
Improvement in near-term cash
4:1 to 8:1
ROI in year one
20+ Years
Experience
Improve exit quality, valuation multiples, and growth
$4+ Billion
In value creation delivered
Guarantee
Unique 100% fee-based guarantee
Strategic Procurement Optimization Approach
SGS Maine Pointe's approach to strategic procurement optimization implements our rigorous six-step process to achieve measurable, sustainable improvements not only in cost but also quality, service, speed to market, compliance, supplier risk and verification.
Our approach leverages SGS Maine Pointe’s data analytics, strategic procurement, leader & organization improvement, and industry supply chain subject matter expertise supported by SGS's market-leading testing, inspection and verification capabilities located across 140 countries.
We profile spend in detail creating category-specific cross-functional teams (SGS Maine Pointe and client), breaking through functional silos and transforming procurement into a high-value integrated strategic procurement function.
We employ a rigorous benchmarking, baseline and evaluation process to ensure the client can track the achievement of savings and benefits, and we install a digitally-enabled procurement management operating system (PMOS) to ensure they continue to drive sustainable results, as part of our Total Value Optimization™ approach to value creation.
Benefits
- Improve profitability through reduced cost of goods sold (COGS)
- Reduce total cost of ownership
- Enhance supplier performance and relationship management allowing for collaborative cost optimization and value creation
- Increase supplier optionality and risk mitigation
- Improve cost, quality, price and supplier compliance visibility
- Maintain profitability through ongoing benchmarking of your value chain and cost base against your competitors
- Eliminate silos and drive cross-functional alignment
- Drive measurable improvements in cost, cash, resilience and growth
What Our Clients Say
Experience the difference
Perspective Paper
TVO Procurement: Moving beyond the historic orientation on controlling cost in procurement
Why Total Cost of Ownership (TCO) is no longer enough- Taking a more strategic approach to procurement and value creation
- Checklist for making the move to Total Value OptimizationTM (TVO)
Strategic Procurement Success Stories
Driving measurable and sustainable change
Driving value and savings in a double-digit inflationary global market
Read Story ➔Improving EBITDA by 11% in a low margin/rising commodity market
Read more ➔“I am happy to report that we were able to accomplish significant savings benefits, gain transparency into our spend and supplier relationships as well as establish the groundwork for sustainable value as a result of SGS Maine Pointe’s Total Value Optimization™ approach."
Richard McEvoy
CEO, Vantage Specialty Chemicals
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