On-Demand Procurement and Strategic Sourcing for PE Firms
Corcentric’s flexible, responsive staffing model and team of cross-industry, cross-category experts provide Private Equity firms with various on-demand strategic sourcing and procurement advisory services, such as:
- As new companies are acquired, Corcentric can perform Spend Analytics to identify cost reduction projects as well as opportunities to consolidate suppliers across companies
- Across the portfolio, Corcentric can help develop a Co-Op or Group Purchasing Organization program for specific common spend categories
- Corcentric can provide ad hoc advisory services as new sourcing requirements arise within portfolio companies
Contingency-Based Cost Reduction
Since 1992, Corcentric has offered procurement and sourcing organizations a completely risk-free cost reduction solution. We pioneered the model, and while other companies have tried to provide their clients with an equally risk-free way to reduce costs, none has succeeded. Our proven strategic sourcing process, practiced category managers, and proprietary databases allow us to sustainably reduce costs in every category for any kind of company. Our contingency-based cost reduction services are based on no upfront fees – only a percentage of the hard-dollar, realized savings.
Interim Chief Procurement Officer
A great organization has a great leader, and Procurement and Strategic Sourcing is no exception. But various scenarios around company culture, growth strategy, and operating models sometimes leave Procurement and Strategic Sourcing without a center-led governance model and a strong Procurement leader. Corcentric’s Interim CPO solution is the answer. With our decades of cross-industry experience and our extensive network of Procurement and Strategic Sourcing executives, Corcentric can provide the temporary support your organization needs to turn things around.