Category management is a key value lever for any procurement team and for real bottom line cost takeout.
Many of our customers increase the scope of their service to include category management because they understand that using Bell’s knowledge, expertise and supplier relationships to formulate sourcing strategies, leaves them to focus on extending their team’s reach to influence and deliver on other business priorities, driving higher savings and improved overall performance for the business.
In fact, category management can account for nearly 35% of overall savings that can be realised through an effective procurement outsourcing program.
Through our unique set of services and access to a wide pool of experts and highly skilled professionals, we focus on applying advanced spend analytics, assessing and evaluating new products and services as well as evaluating new and existing suppliers to deliver the best outcomes for our customers.
Our teams will always work in collaboration with our customers to ensure we jointly execute to our customers strategy, conducting business impact risk assessments and developing a comprehensive and effective category strategy to help our customers realise measurable and positive business outcomes which will directly impact their P&L.
Combined with our analytical and delivery expertise, our teams will identify strategic sourcing projects by category, detailing the most appropriate sourcing activity and cost reduction lever which will drive true P&L savings (e.g. benchmarking, rationalisation & consolidation; standardisation and transformation of spend) through a robust sourcing and governance process.
We will channel spend through our preferred suppliers (PSL) to maximise leverage and ultimately reduce the supplier base. Bell Procurement Management undertakes both strategic and tactical sourcing projects underpinned by our supplier performance & relationship management programme to ensure and maintain the best possible standard of service to our customers with contingencies in place to ensure business continuity.
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