SPG has assembled a Team of professionals with a broad range of backgrounds and skill sets. From Expense Assessments to Post Merger Integration Work, we provide our clients with a full service consulting firm ready to deliver value in any number of consulting disciplines.
Strategic Sourcing Engagements
SPG follows an established six (6) step sourcing process proven to minimize the time requirements on our clients' part, while maximizing the deliverables on SPG's part. From Data Collection on through to Vendor Management, SPG acts as the legs to drive the engagement, while ensuring your invaluable input is gathered throughout the process such that SPG is sure to meet your specific goals and objectives.
SPG has completed over 40 Assessments across industries ranging from Construction firms with over 80 locations, to Financial Services Firms with one office. Our category experience ranges from large multi-million dollar projects, down to a few hundred thousand a year, and we have reviewed everything from Equipment Maintenance Contracts to Office Supplies to Global Travel. Due to our experience in many diverse industries and project areas, we maintain a vast database of category information and unit cost analysis. Within 4-6 weeks, SPG can provide you with the invaluable information that has led our firm to average 22% savings for each project area we have reviewed.
The average company has a written agreement in some form with 80% of the vendors it does business with. It's no wonder that Corporate America looses billions of dollars a year in mismanaged contracts and agreements. Why not outsource the contract management function to SPG? Let our staff alert you when contracts are due to expire, create history reports, and centralize your contracts in one electronic repository.
Merger & Acquisition Integration Strategy
When two companies merge, or a company is purchased, it is an ideal time to review company organization (procurement function) and spend (re-sourcing goods and services). If the two companies have similar vendors or spend money on similar items, there is a natural benchmark created for pricing and service improvement. Additionally, aggregating the spend enables volume discounting, or different supply options. Comparing and optimizing how the combined companies buys enables efficiency gains and soft dollar savings (transaction costs). SPG has experience in designing new organizations, rapid sourcing key contracts (an abridged, quick to implement contracting process), and optimizing the remaining combined purchasing needs.