Purchasing Resources for Purchasing Consultants
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Purchasing consultants provide expert advice on becoming more profitable through better purchasing. Consultants specialising in purchases provide services that are either short or long term. They will implement and manage complete buying transformations with significant targets.
Buying consultants will usually begin with a commodity review in a particular cost area. This will show you a few significant cost-cutting results. The commodity review serves two functions: the first allowing the consultants to achieve a good cultural understanding of your organisation, and the second will help you gain confidence in their ability to save money through your purchasing expenses.
Purchasing consultants begin purchasing transformations by assessing certain factors. They will utilise your purchase ledger for the past year to categorise monthly expenditure of the business. An analysis and categorisation will be done for various commodity areas. Within these areas, superior suppliers will be identified (who are not always on your existing supplier base) by the quality of the services provided and the value for money offered. An opportunity assessment or forecast will then be presented to the board of the organisation. Should the forecast be accepted, a detailed and focused purchasing programme will be implemented.
Further information on purchasing consultants can be found on the Business.com website. Click on the links on the side of this page to go to the site.