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Cost Optimisation

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How important is it that you understand how likely you are to deliver your 2016 savings/ efficiency targets?

How important is it that you understand how likely you are to deliver your 2016 savings/ efficiency targets?

As we approach December, in my experience, thoughts turn to three things;

  1. The Christmas Party
  2. The Christmas Party
  3. The targets for the new year

OK, I admit that You may not be thinking about next years targets just yet, but I bet your boss is!

How have you done this year?

How does the actual value delivered to the bottom line compare with the projected value included

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Don’t even think about commencing a new procurement exercise without reading this article!

Don’t even think about commencing a new procurement exercise without reading this article!

What are you trying to achieve?

The answers that I tend to get after asking this question are varied but can be summarised in 3 words “To Improve Performance”.

This may be achieved through reduction of unit costs by x%, negotiation of additional discounts based on achieving volume of £y, or more

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A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…

A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…

I bumped into an old colleague last week and we soon started talking about our respective ‘war stories’ – one of which I became fascinated with and want to share with you today.

Mike was completing due diligence on a potential acquisition for one of his clients and was looking into the supply

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8 steps to deliver margin gains by improving your P2P process

8 steps to deliver margin gains by improving your P2P process

As companies are seeking to move beyond procurement into fully deployed supply chain systems, there are significant opportunities to widen their margins by improving efficiency in their procure-to-pay cycles for many of their contracted services.

We typically find that major challenges where field

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“It’s all about the numbers.”  The 4 key numbers that all CxOs need to be aware of, but many aren’t!

“It’s all about the numbers.” The 4 key numbers that all CxOs need to be aware of, but many aren’t!

“It’s all about the numbers.” This was the catchphrase of a CEO that I did some work with recently. He would explain that as a CEO of Private Equity backed business, he had to have absolute confidence in the numbers because if he failed to deliver them, he’d be out!

“And I don’t miss my

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