General Approach & Objectives

Establish a list of best in class procurement/sourcing practices and organize the deployment via projects milestones

  • Review client’s policies/procedures and establish clear operating standards that are aligned with unique cultural considerations

  • Always shift priorities toward strategy and produce clear ROI with YoY sustainable results

  • Partner with client’s FP&A to assess the proposed spend and proactively identify areas of sourcing opportunity while building leverage

  • Confirm value creation along the way and measure budget impact

-          Focus on key projects and expected value.  Project annual savings and                    spend commitments.

  • Provide commercial review based on goals

  • Develop templates/operating standards while ensuring risk mitigation and BCP  

  • Establish robust, quantifiable supplier performance program.  Transition poor performers from the supply base and expand good performers.

  • If possible, deploy no PO, no pay policy and streamline expense management

  • Implement sourcing levers such as pull-a-heads, COLA, long term agreements, expiries

  • Look into leasing as cash infusion

  • Review expenses and categorize based on commodities

Contact Us

Los Angeles, CA:  310 993 6210  |  New York, NY:  212 729 7479

© 2021 Innovate Holdings-All Rights Reserved