Occasionally an organisation will have a specific product or service that will have a higher degree of importance. It will actually be or be seen as fundamental to the success of the business and any disruption could cause irrevocable damage to it standing with its customers and repeat business.
However, with the best of intentions to protect the business this can result in being closed to alternative solutions, which with the right and thorough approach can deliver significant cost reduction.
A manufacturer of high-end material handling equipment had for a long period of time purchased a well-known brand of lubricants when servicing the equipment at the client’s premises.
Here are all the points that were covered to deliver not only a significant cost reduction but a superior service level and a range of products that maintained the same servicing schedule and performance of equipment.
This reads like a case study and the points will need to be adapted depending on the product or service under review.
However, we hope this proves to be helpful and to give you an insight into all the points that need to be considered when reviewing more sensitive or critical products.
At NJG Purchasing Services Ltd we believe that there are many basic tips and tricks which can help to reduce your company overheads with almost immediate effect.
We have produced an ebook to guide you through some of the more basic methods which you can implement alongside using NJG Purchasing Services.
As a procurement specialist for more than 30 years, I get the frustrations you face. Growing a business is complex and challenging, but don’t let high costs be your downfall.
No matter what size your business, any inefficiencies you have now will only get bigger as you grow. Getting lean and resourceful as early as possible, will enable you to build an efficient and streamlined business for the future…
We understand how frustrating it is when you know your overheads are high, but you don’t have the resources or expertise to get them down.
That’s why we do it all for you.