Procurement Strategies
McGregors Supply Chain Services Inc. will work with your team in establishing the framework for planning and preparing for a supplier negotiation.
Our firm will work with clients to establish the process to build stronger and more productive supplier relationships.
Have you ever been in a situation where your customer requirements are pulled in by several weeks or a supplier is late or whatever, there is a need at times to expedite a purchase order. This is one of the costs of doing business with a supplier (and vice versa). Matching the degree and type of follow-up with the importance of the purchase to the organization is one form of risk assessment. This can be a real problem for your supply team. McGregors Supply Chain Services Inc. can help your organization expedite orders or if required go on site at the supplier and help improve delivery. Later, we will do a root cause analysis and advise what must be done to reduce or eliminate the need to expedite.
Our firm will establish the process and train your supply team on how to manage key suppliers on site at your facility. This strategic alliance with key suppliers will provide instant capacity, improve communications, lower inventory and increase productivity.
Understanding a supplier’s cost structure is a powerful tool in negotiations, effective management of supply chain costs, determination of a fair and reasonable price, establish target prices, and evaluation of the efficiency of processes. This will generate large and immediate savings impacting your bottom line. McGregors Supply Chain Services Inc. will identify the key items and suppliers that will maximize your return. Once this is done, our firm will work with these key suppliers to understand their cost structure. In the long run, companies need suppliers that provide the lowest total costs, not necessarily the lowest price.
One of the most critical decisions made in any organization concerns make or buy. When any organization starts its life, a whole series of make-or-buy decisions need to be made and as the organization grows and as it adds or drops products and/or services from its offerings, make-or-buy decisions continue to be made. It is one of vital importance to an organization’s productivity and competitiveness. McGregors Supply Chain Services Inc. can help your business develop the strategy and implementation plan.
Effective sourcing decisions form the basis of sound supply for any organization. These decisions should be driven by a sourcing strategy that is directly linked to organizational strategy, goals, and objectives. A strategic purchase is one that is mission-critical. Be it a mature product or new product introduction, McGregors Supply Chain Services Inc. can help your business create the strategy for today and what the market might be in the future.
Purchasing from a sole source can create certain risk in the supply chain. Strategic decisions have to be made so services and/or production are not in jeopardy. McGregors Supply Chain Services Inc. will work with your supply team in creating the strategy to reduce or eliminate the risk and creating superior customer service with minimal total supply chain costs.
McGregors Supply Chain Services Inc. can help clients design effective performance metrics that will support global supply chain performance.
Contact McGregors Supply Chain Services Inc. for more information on procurement strategies.
contact
BrianMcgregor
bmcgregor@mcgregorssupplychainservices.com