Improve Sourcing Intelligence
We help our clients purchase intelligently, identify ongoing cost savings, and mitigate a number of non-compliance risks through our Contract Compliance Recovery Audit, Spend Analysis, and Supplier Information Services.
Business Challenges Faced by Procurement Today
Only Looking Backward
Many teams review what has happened in prior negotiations, but lack the go-forward strategies to negotiate better costs and terms.
Across banners, geographies or even categories, when your teams don’t use the same systems, it’s impossible for the right hand to know (and leverage) what the left is doing.
From basic supplier communication to managing critical contract compliance, procurement teams often lack the tools and strategies to keep supplier relationships on track.
High-quality supplier data is critical to achieving procurement strategies. We can help design and implement a supplier data management strategy reducing risk, maintaining compliance and improving spend management.
PRGX Supplier Information Management
Organize and manage comprehensive supplier information while maximizing supplier engagement and data quality across a global supplier base to minimize risk and increase efficiency.
Automate your process to improve efficiency and bring better visibility to dispute data. You’ll experience increased accuracy, reduced dispute resolution costs and improved supplier relationships.
Armed with the right facts and statistics, we regularly help our clients drive inefficiency out of their Source-to-Pay cycle and uncover hidden profits. We also deliver non-software-based services such as Item-Level Cost Harmonization.
- Source-to-Pay Assessments & Strategy
- Category Excellence
- M&A Services
- Merchandising Margin Improvement
- Working Capital Optimization
Contract Compliance Audit
We can help reduce contractual risks and maximize supplier performance, focusing on the suppliers and contracts that present the greatest risks. You’ll get maximized returns, reduced risk and insights that improve supplier contract management and controls moving forward.
- Supplier Contracts
- Capex & Construction
- Advertising & Marketing
- Licensing Contracts
- Prepayment Review