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August Consulting

Service spotlight: Opportunities & cost optimisation

Did you know we offer a procurement opportunities & cost optimisation service for clients in diverse industries, including healthcare, aged care, education, oil and gas, and agriculture?


What is our opportunities & cost optimisation service and how does it work?

  1. We take a structured approach to reviewing third party expenditure and business practices to identify opportunities to reduce costs and deliver incremental benefits.

  2. We help you identify and prioritise key procurement cost optimisation opportunities.

  3. We leverage technology to provide analytics and data visualisations, allowing us to conduct informed and insight-driven analysis, key stakeholder engagements and evaluations.

  4. Tapping into our extensive expertise, we identify relevant strategies to realise these cost optimisation benefits in the short- and long-term, providing practical recommendations and a roadmap of opportunities, which are prioritised based on estimated value and ease of implementation.

Our approach

Using a range of tools and our expertise, our approach involves:

  • Data aggregation, categorisation & visualisation

  • Business documents & practices review

  • Review of current contracts coverage & compliance

  • Comparison against best practices & indicative benchmarking

  • Conduct opportunity workshops with your key stakeholders

Our deliverables

We provide you with:

  • A list of potential opportunities by category

  • Benefits estimate for each opportunity

  • Change sensitivity assessment & approach

  • Implementation roadmap, including quick wins and medium to long term opportunities to unlock value

Case study

Want to see an example of our opportunities & cost optimisation service? Download our case study: Benefits pipeline identification & delivery for healthcare client.


Need more information?

To explore how we can help you maximise your procurement opportunities and cost optimisation objectives, contact us by phone, email or via our social media channels.

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