We optimize your
DIRECT
expenses
Direct spend refers to purchases of goods and services that are directly incorporated into a product being manufactured, or are goods for immediate resale. Examples include raw materials, subcontracted manufacturing services and retail merchandise.
Leverage on our strong global network of vendors and our deep understanding of manufacturing costing models: start saving now.
We optimize your INDIRECT expenses
Indirect spend refers to purchases of goods and services that are not directly incorporated into a product being manufactured. Indirect spend includes all of the supplies that are necessary to run your organization. Examples include utilities, communications, facilities management, travel, marketing services, transport and logistics.
Leverage on our solid knowledge of the local market and our contract management expertise: start saving now.
We optimize your IT expenses
IT spend refers to purchases related to the construction and maintenance of company-wide IT systems and IT services. Examples include IT hardware, software, licenses, data centers, cloud solutions, marketing-related IT applications (e-commerce, website…) and associated maintenance of third party services.
Work with our IT experts and start saving now.
COST OPTIMIZATION - CASE STUDY
Supplier Portfolio
Consolidation
2.7 Mi$
Cost Savings
Improved Quality
of Services
BACKGROUND
Retail group looking to increase its margin by reducing non-merchandise spend for all its subsidiaries in Singapore.
APPROACH
Optimal Cost worked hand in hand with the client for 12 months to reap significant cost savings, consolidate vendor portfolio and put in place a robust call for tender process.
Retail group looking to increase its margin by reducing non-merchandise spend for all its subsidiaries in Singapore.
APPROACH
Optimal Cost worked hand in hand with the client for 12 months to reap significant cost savings, consolidate vendor portfolio and put in place a robust call for tender process.
KEY ACTIVITIES
➤ Procurement Maturity Diagnostic
➤ Cost savings simulation and road map
➤ Call for tender on 4 key indirect spend categories:
- Advertising
- Freight
- Printed Marketing Collaterals
- Packaging
➤ Procurement Maturity Diagnostic
➤ Cost savings simulation and road map
➤ Call for tender on 4 key indirect spend categories:
- Advertising
- Freight
- Printed Marketing Collaterals
- Packaging
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