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Procurement 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.
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