IDM Products Scope of Services includes, but not limited to:
- Sourcing (rates, delivery method, timeline to complete services)
- Procurement (cycle time, quality and cost per purchase order)
- Supply Chain Integration/with current Supply Chain Team
- Capital Savings/Expenditure
- Enhanced customer software portal for reporting – access to track, report capital spend, SKU's, manufacturers, product descriptions, etc.
- Negotiating
- Inventory Services
- Product Purchase and Consolidation
- Freight Brokerage Cost Comparison
- Product Distribution
Steps to Contract Evaluation and Cost Reduction
Objective: The objective of this engagement is to rapidly, yet thoroughly, diagnose expense reduction needs, develop recommended changes and a detailed management action plan, prioritizing initiatives for implementation based on the level of difficulty and quick cost savings wins.
Purchasing Contract Diagnosis Overview:
- Physical Inventory
- Letter to Vendors Regarding Savings Initiative
- Review All Contracts and Develop Obligation Commitment List
- Contract Pricing Validation with Distributor – Compare System Pricing vs Contract Pricing
- Evaluate Contract Expiration and Renewal Management
- Standardize Volume across the Enterprise for Cost reduction/ Possible Group Purchasing Contracts
- Renegotiate Expiring and Upcoming Contracts
- Evaluate Procure to Pay Process.
- Supply Chain Management System Optimization
Purchase Services:
- Waste Management
- Landscaping
- Telecommunication
- Plumbing
- Linen Laundry/Uniforms
- Office Supplies
- Janitorial
- Food Services
- Pharmacy
- Gases
- Building Cleaning Services
- Electrical
- Construction
- Commodities
- Logistics
- Warehousing