Procurement and Supply Chain Intelligence

Curious about the core questions we tackle?

Supplier Benchmarking

  1. What are the key criteria for evaluating the performance and reliability of current suppliers, and how can you benchmark their performance against industry standards?

  2. Who are the alternative sourcing options to diversify the supplier base and mitigate supply chain risks?



Strategic Sourcing

  1. What criteria are used to evaluate potential suppliers in low-cost countries, and how can sourcing best practices be applied to ensure ethical and sustainable sourcing practices throughout the supply chain?

  2. What measures are being implemented to address risks such as geopolitical instability, currency fluctuations, and transportation delays when sourcing products from current or prospective suppliers?

Spend Analysis

  1. How can companies effectively analyze their spending to identify areas of opportunity for cost reduction?

  2. What strategies can be implemented to enhance supplier performance and mitigate supply risks within spend categories?

Price Forecasting

  1. How do global price trends impact commodity prices in the F&B industry, and how can companies mitigate risks associated with fluctuations?

  2. How to develop a pricing strategy using a forecasting model that integrates forward price curves, input expenses, economic indicators, and historical patterns?

Should-cost Model

  1. What are the primary cost drivers to prioritize within the should-cost model, and when analyzing the intricacies, which driver warrants immediate attention?

  2. How can we strategically identify cost components, drivers, and causal factors to eliminate unnecessary spending, reduce costs, and maximize incremental savings?

Supplier Risk Assessment

  1. How do global price trends impact commodity prices in the F&B industry, and how can companies mitigate risks associated with fluctuations?

  2. How effectively do your suppliers manage their financial health, specifically in terms of profitability, liquidity, and solvency ratios?

Supply Chain Resilience

  1. Are you leveraging real-time commodity price foresight to optimize procurement strategies and enhance supply chain resilience?

  2. How are you proactively managing potential bottlenecks or vulnerabilities in your supply chain network to ensure resilience, and what specific measures are being implemented to enhance supply chain visibility and mitigate risks and disruptions?
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