P3’s Post

Saving costs should be always a topic, but even now much more important when revenues are shrinking in major industries while costs for materials have raised the last years due to COVID, the Ukraine crisis and other impacts. Reach out to Frédéric Ferment or Beatrice Morhard to learn how they realized to reduce up to 30% of product cost or 20 Mio EUR p.y. #P3 #CostManagement #CostReduction #Savings #CostOptimizations

Saving costs should be always a topic, but even now much more important when revenues are shrinking in major industries while costs for materials have raised the last years due to COVID, the Ukraine crisis and other impacts. Reach out to Frédéric Ferment or Beatrice Morhard to learn how they realized to reduce up to 30% of product cost or 20 Mio EUR p.y. #P3 #CostManagement #CostReduction #Savings #CostOptimizations

Elevate your sourcing strategy with Treya Partners' holistic approach. From intensive data analysis to supplier relationship management, we deliver results that endure. https://bit.ly/3xInYav

Unleashing Success: Contracts in a Nutshell! Contracts are more than paper—they're the GPS for procurement triumphs! 1) Strategic blueprints 2) Partnership magic 3) Innovation fuel 4) Cost certainty Why now? 1) Tech synergy 2) Global finesse 3) Digital evolution Join the convo! How do contracts power your procurement journey? #ContractsMatter #ProcurementWin

As we approach the end of the 2024 financial year, it is important to take a step back from the day-to-day demands of running your business and consider how your business is performing & how it could be performing better. Have you considered conducting a comprehensive Supplier Savings Analysis for your business? It’s the perfect time to develop a savings plan so you can build savings projects into your FY25 budget & resource planning. Spend Solutions can identify savings opportunities through improved supplier sourcing, better pricing & better product utilisation, allowing your organisation to understand the total size of the pie, projects of greatest benefit & opportunities for immediate savings through direct negotiation. Don’t miss out on this strategic move! Discover more about the potential savings opportunities Spend Solutions can provide your business in the new financial year through a supplier savings analysis by clicking here - https://lnkd.in/gTpdSqnq #EOFY #SupplierSavings #CostManagement #BusinessStrategy #FinancialHealth #spendsolutions #procurementspecialists

3 Simple Cost Saving Approaches

Why not kick off the new financial year by conducting a comprehensive Supplier Savings Analysis for your business? It's the perfect opportunity to gain greater insight into what supplier cost reductions are available within your organisation and optimize your business strategies for the year ahead. Starting the new financial year with a comprehensive Supplier Savings Analysis provides line of sight as to the number of potential projects & quantum of available savings on supplier expenses, allowing decision makers to determine which projects to prioritise & expected project delivery timeframes.   With over 25 years of experience Spend Solutions can quickly identify & quantify real tangible expense savings opportunities. It is not just a cost-cutting exercise—it's a strategic move that can be a game-changer for your business! Click here to discover more about the potential savings opportunities Spend Solutions can provide your business through a supplier savings analysis - https://lnkd.in/gTpdSqnq #SupplierSavings #Procurement #BusinessEfficiency #CostSavings #SupplyChain #FinancialHealth #StrategicSourcing #NewFinancialYear #BusinessGrowth #procurement #procurementspecialists

Don’t overlook the critical role your #procurement and #SupplyChain teams can play in ensuring M&A success. Involve them right at the start of the deal process, recommend experts at #GEP. Watch this video to learn more: https://bit.ly/3WStzpH

📈 Material and service costs are increasing, and without a dedicated approach to control it, that’s not going to change. Here are five ways procurement can make a pivotal impact on costs in just a few weeks. 1. Collaborative Supplier Engagement 2. Invest in Supplier Development 3. Address Pre-Production Cost-Out 4. Continuous Improvement Forum 5. Consider Time-to-Market and Lifecycle Download the full article for detailed insights and actionable strategies to safeguard your profitability. ➡ https://lnkd.in/gY8w-ePE Follow us to receive more insights from TBM Consulting! #CostManagement #ProcurementStrategies #MaximizeProfitability #Manufacturing #SupplyChain #TBMConsultingEurope

Dive deep into the complexities of procurement savings! Our latest article dissects the distinction between hard and soft savings, shedding light on their significance in procurement strategies. Gain insights into quantifiable cost reductions (hard savings) and qualitative benefits (soft savings) to effectively measure procurement performance. Unlock the full potential of your savings strategy and drive tangible value for your organization. For further reading, click here: https://lnkd.in/gmXr-Qfm #ProcurementSavings #HardSavings #SoftSavings #CostReduction #ValueCreation #ProcurementPerformance #StrategicSourcing