In most manufacturing organizations, procurement of Goods, Services, Information, and Technology (GSIT) represents 55 to 65 percent
of the cost of goods sold. In many industries it is an even higher number.
Anything done to deliver added value to the customer at a lower
cost goes direct to the bottom line. Therefore procurement is strategic.
The question is : “ Are you
using strategic procurement methods and tactics to deliver added value? ”
r5group helps companies identify value opportunities, strategies, and tactics to deal with the variety of market supply situations
faced by an enterprise. The make versus buy decision is really a buy decision. r5group uses the Six Sigma concept of y=f(x)
plus Value-Risk Quadrant Analysis to reveal opportunities and help stakeholders understand the goal. The effort is
measured using the Total Cost of Supply (TCS) to ensure benefits are real and support top-line and bottom-line performances.
Strategic Procurement & Sourcing’s benefits are increased with the E˛ Accelerators as part of the procurement strategy and process plan