Procurement and Sourcing
Delivering sustainable competitive advantage via gross margin enhancement continues to be a key challenge for product supply officers and Chief Financial Officers. If managed proactively, key strategic suppliers can help deliver cost of goods savings and product and process innovation. In addition, global supplier-managed networks are increasingly required to deliver optimal cost, cash and service metrics while also delivering quality and environmental assurance. Developing cross-functional relationships with key global suppliers is mission critical to deliver exponential value, from product & package design to customer/consumer delivery.
What We Do
TPG analyzes the client opportunity and applies leading supplier business development practices to quickly transform your key strategic supplier relationships that are capable of delivering improved costs and innovation. Our consulting services include:
- Supplier/Sourcing Assessment : We work with your key Procurement, Operations, R&D and Product Design management to assess how well your key strategic suppliers are meeting your current and emerging business requirements. We also assess suppliers’ capabilities to expand their relationship with you to maximize future value propositions from design through delivery.
- Joint Business Plan Development : TPG experts will guide your firm’s Procurement and Operations team and your suppliers’ executives to build a multi-functional joint business plan that quantifies contribution, margin enhancement, innovation strategies and speed to market capabilities to deliver the organization’s objectives. This will include critical actions and expected outcomes to achieve success over a year or multi-year agreement as part of the engagement.
- Organization Capability Development : TPG will provide the content and training to deliver the culture and work process changes that effectively and efficiently enable your key strategic suppliers to contribute to the firm’s success. This will enable you to reduce operational and administrative effort while driving a successful joint plan.