SPG's Expense Assessment begins by gathering twelve (12) months on non-payroll accounts payable information, and within several weeks, SPG will complete a comprehensive Assessment of your current purchasing situation detailing:
- Expenditure categories
- Active vendors within categories
- Contractual obligations
- Competitiveness of current price points versus market benchmark
- Initial savings opportunities
- Roadmap to deliver savings
Using the information gathered in the Assessment, SPG will launch a strategic purchasing project specifically geared toward your company goals and objectives. As part of this initiative, SPG will:
- Collect and analyze all necessary data
- Develop strategies for savings and quantify opportunities
- Execute the identified strategies
- Assist in: final supplier decision; contractual negotiations; supplier implementation
SPG's is sensitive to the high costs traditionally associated with strategic sourcing engagements. We have therefore developed two payments plans from which our clients can choose, both of which hold SPG accountable for delivering quantifiable results.
- Guaranteed Return on Investment
A monthly fee is negotiated and paid during the project where SPG guarantees a multiple of the fee in savings
- Percentage of Savings
No fees are paid during the project and at the end of the project, SPG receives a percentage of the total savings identified and agreed to by you