Procurement
Optimization
Buy Better, buy faster, Buy Right.
Procurement is the heartbeat of your financials – it controls almost all your spend – but are you putting in the time to ensure it is managing your money properly? Even spending just a small amount of time optimizing procurement can return sustained and monumental benefits. With the help of Whitestone’s expertise in procurement optimization, one of our clients was even able to generate over $1 billion in additional savings. That’s the power of procurement optimization!
14%
Of all technology-based projects success, according
to the 2018 Standish Goup CHAOS Report.
Added efficiency for added value.
When it comes to optimizing procurement, Whitestone utilizes a simple but unique methodology in the procurement space. While most organizations run a traditional category-based organization, Whitestone’s methodology takes best practices from both the agile and project management disciplines to turbocharge the speed and capabilities of your procurement process.
Often, one of the major complaints about procurement within organizations is that they are too slow. Required purchases can get bogged down, holding back company initiatives from achieving their goals, but with our approach, you don’t just buy better you buy faster as well.
The other question that often comes up when companies analyze their procurement process is “are we buying the right thing?” An efficient procurement group operating at peak performance should be very good at comparing product offerings while providing market guidance to the purchaser.
We at Whitestone know this works because we’ve done this successfully for our clients, resulting in massive increases in both speed and savings. We know it works, how it works, and how to do it.
Our success also lies in the fact that we don’t view procurement like most. We see it as a critical enabling function of your organization that should be helping you, not hindering it. Old-school approaches may have worked in the days of old, but in today’s highly project-based world, you need something better. You need the Whitestone methodology.
Success
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