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Unlock the
value of Supply Management
In many industries, procurement represents 60% of
overall costs, but most companies do little to improve
enduring cost savings and value from suppliers.
Given the importance of procurement, current trends
reflect the growing chasm between what procurement teams
can deliver and what executives expect. Many companies
believe that their procurement capabilities are
ineffective and are not creating shareholder value.
International sourcing accounts for the single largest
overall cost in most companies, regardless of industry.
Thus procurement is a strategic differentiator at top
performing companies, as it represents a means of
improving their top and bottom lines. These companies
are now using the strength of their supply management as
a strategic and tactical enabler to improve
supplier value and to create cost savings. These
improvements are realized through faster cycle
times, additional freed up working capital, improved
supply chain responsiveness, and increased revenue.
Given the
importance of procurement, current trends reflect the
growing chasm between what procurement teams can deliver
and what executives expect.
Regardless of the systems you are using,
SAP,
Oracle,
PeopleSoft,
JD Edwards, many companies believe
that their procurement capabilities are ineffective and
cannot creating shareholder value. It is these
trends necessitating the need for company's procurement
capabilities to evolve.
WGA helps clients from around the world to mature their
supply management capability. Our approach focuses on
simplifying supply channels through the selection of
fewer, more capable suppliers - without losing sight of
the need to manage risk. We leverage global sources
from more competitive locations while fostering true
relationship management. WGA also works with clients to
improve their procurement systems. Regardless
of the systems you are using,
SAP,
Oracle,
PeopleSoft, or
JD Edwards, WGA has the capabilities to help.
To find
out more about WGA's work
in this capability area, please
contact the practice. |
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