LMN Consulting, LLC - Procurement and Sourcing Strategy
Procurement Services:
1) Procurement Strategy
  • Business and stakeholder alignment
  • Governance structure
  • Center of Excellence (COE) design
  • Procurement's value proposition
  • Category prioritization and objectives
  • Supplier segmentation
  • Organizational design and development
2) Sourcing Strategy and Facilitation
  • Supply market and industry analysis
  • RFI and RFP development
  • Qualitative and quantitative analysis
  • Negotiation strategy
  • Business case review
  • Contracting and implementation
3) Supplier Relationship Management
  • Collaborative planning
  • Supplier integration and embedded resources
  • Key Performance Indicators (KPI's)
  • Business review process and documentation
  • Continuous improvement
4) Cost Savings and Cost Avoidance
  • Packaging, raw materials, and indirect categories
  • Total cost of ownership (TCO) modeling
  • Value analysis and cost reduction strategy
  • Savings methodology and tracking
  • Contractual language and framework
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