How many businesses are looking for cost savings at the moment? Most, if not all.
Here’s exactly how we identified and achieved buy-in for $8M in saving opportunities for a private healthcare client: -
Comprehensive review of clinical and non-clinical spend by category, contract compliance and commercial arrangements, buying practices and product preferences.
Built and leveraged an interactive PowerBl spend cube to give a detailed overview of each category by supplier, site, subcategory, product.
Conducted workshops for prostheses, medical and surgical consumables and indirect categories.
Identified opportunities to optimise key contracts and rationalise products and suppliers across key categories.
Through negotiations with incumbents and go-to-market exercises across all spend areas (clinical consumables, prosthetics, pharmaceuticals, energy, labour hire and site maintenance), we delivered ~ $8 million in benefits over two years.
This forward procurement plan with >60 initiatives = quantifiable and auditable, year-on-year procurement benefits. Business opportunities hide beneath the surface of everyday operations.
Contact us to discuss how we can help you act on service line opportunities and optimise costs in your business.
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