Cost analysis across the entire nomenclature

 

Optimize costs. Increase profitability.
Spend Analysis for small, medium, and large businesses.

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Identify where your money is working – and where it’s just disappearing. Get in-depth cost analysis, procurement categorization, and clear recommendations for strategic management.

Who will it be useful for?

CEO

strives for margin growth and stability

CFO

controls costs and liquidity

CPO

responsible for efficient procurement

What kind of requests do we work with?

  1. high supply costs,
  2. low business liquidity,
  3. reduction of business margins,
  4. failure to meet production and operational targets,
  5. inefficient procurement management,
  6. high workload of buyers with low effectiveness
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Terms of execution

What will you get as a result?

  1. Identify the top items of category “A” (according to ABC analysis), where 80% of your expenses are concentrated. Categorization of expenses will allow you to identify strategic purchases and opportunities for optimization. This, in turn, will give an economic effect in cost management.
  2. Identification of small purchases (category C), which “eat up” 80% of your specialists’ time but account for a tiny fraction of costs. The freed-up time is redirected to strategic procurement from operational procurement. This will also affect the economic effect in cost management.
  3. Optimize costs. Increase profitability. Define strategies by category according to the Kraljich Matrix. High-level, without detailed description.
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What might it look like?

Ready to optimize your expenses?

Contact IPSM

For additional questions, contact us via phone +380633043964 or email request@ip-sm.com