Profit Recovery Services
Corcentric Profit Recovery Services Reveal Cost Reduction Opportunities, Recoup Lost Savings, and Promote Efficiency
Corcentric’s Profit Recovery Services go beyond identifying cost reduction opportunities. Our Procurement experts will take action to ensure you recover lost savings and develop more efficient sourcing practices.
For Corcentric’s Procurement and Strategic Sourcing consultants, identifying profit recovery opportunities is just one small part of our cost reduction offering. Once we’ve embedded ourselves within your supply chain and assessed spend across all categories, we’ll work hard to make your savings goals a reality.
- We’ll take a hands-on approach to auditing your purchases and supplier relationships across every direct and indirect spend category. Together, we’ll uncover both quick-win and long-term savings opportunities.
- We’ll refine Procurement’s metrics to better track its performance, assess its value, and act on cost reduction opportunities moving forward.
- We’ll leverage decades of cross-industry market intelligence to scorecard incumbent and prospective suppliers. We’ll also take the necessary steps to ensure they understand your goals.
- We’ll empower your Procurement team with spend analytics technology that quickly and effectively recommend strategies for savings opportunities.
- We’ll take a close look at your existing contracts to identify inefficiencies and over-payments. Our expert negotiators will also take the lead in initiating a cost cutting campaign.
- We’ll oversee a Procurement transformation initiative to get your team on the road to best-in-class value. With our help, you’ll realize your performance goals and become a strategic partner within your organization.
- We’ll call upon our Procurement staffing experience to connect your organization with world-class resources. Whether you’re looking for a temporary or permanent hire, we’ll partner you with dedicated professionals capable of driving savings efforts.
- We’ll work with your internal Procurement team to develop training programs optimized to your industry and profit recovery goals. With these in place, you’ll effectively communicate Procurement’s strategic value.
- We’ll arm your team with the cross-category best practices we’ve learned in our decades as a Procurement services provider.
Stop letting savings pass you by. Reach out to Corcentric’s Strategic Sourcing experts today.