Procurement, merchandising and inventory management...
On average 55% of the total production cost for a manufacturing
company is spent on buying goods and services. In many instances
a more structured approach to procurement will yield cost savings
of 20-40%. We have delivered significant bottom line savings to
a number of clients.
Effective procurement is about best value. It's not the lowest
price or the highest quality, but a balanced trade-off. Our experienced
managers can develop the strategy and tactics to achieve optimum
benefit.
The management of raw material, production and finished product
inventories requires commercial, planning and financial skills to
maintain cost effective control relevant to the industry. Understanding
and harnessing the inter-play of factors drives the solutions proposed
by Bisham.
By linking planning, procurement and inventory management to the
commercial goals of an organisation we have created competitive
advantage through focussing effort on profitably.
- Driving the procurement process, through a full understanding
of acquisition and opportunity costs, to growing the bottom line
- Managing performance through measurement and cost effective
action to create added value
- Managing suppliers to strengthen the supply chain through greater
understanding of requirements and capabilities
- Practical plans and implementation to manage inventories to
become a benefit rather than a burden
- Understanding the balance of reducing inventory costs and missing
sales opportunities
- A total view of make/buy and make to stock/make to order decisions
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