- Challenge
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Enhance supply chain efficiency.
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Achieve cost savings.
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Improve supplier performance.
- Actions
- Discovery & Stakeholder Engagement: In-depth analysis of spend, contracts, and processes.
- Procurement Strategy Review: Benchmarked against industry best practices, identifying gaps and areas for opportunity.
- Supplier Selection & Negotiation: Onboarded 20 new suppliers, secured preferred rates and increased leverage.
- Material Cost Reduction: Achieved a 10% cost reduction in subcontractor materials.
- Results
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£1.35M margin enhancement driven by more favourable supplier agreements and cost reductions
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£9M spend optimization- ensuring that every penny was spent effectively and aligned with the company’s strategic goals.
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20 new suppliers onboarded.
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10% reduction in material costs.