Staverton’s Cost Reduction Programmes focus on the delivery of the savings identified in the Opportunity Assessment, and typically produce a 4-8x client ROI.
Considering potential savings, business risk, and implementation complexity, a pipeline of projects is agreed upon with the client, and cost reduction programmes are executed ranging from individual category reviews to 24-month procurement pipelines addressing multiple categories.
Each initiative is underpinned by the Staverton Procurement Dial © in order to drive the best value while mitigating supply risk. Taking all available sourcing levers into consideration, best-in-class category strategies are formulated and executed. To ensure buy-in, stakeholders are engaged from the outset of each initiative and retain decision-making responsibility throughout.
Following the completion of a delivery programme, Staverton exits the engagement at the optimum time to ensure that client ROI is maximised. Where appropriate, Staverton can provide further support with Knowledge Transfer (linked) or On-Demand Services (linked) in order to prevent future procurement regression.
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