Procurement
With over 50% of many companies’ outgoings allocated to procurement, optimising this area of the business is critical to controlling the cost base in any industry.
Accelerated Cost Transformation
Strategic cost transformation delivers benefits to an organisation by simplifying, refocusing, and optimising their cost base. At Vendigital, we are able to execute this process at pace and deliver tangible cost savings that can strengthen the business.
Our operational consultants work with our data experts to carry out a cost effective analysis converting unstructured data into actionable, operational intelligence and creating a single source of truth to identify and implement specific cost saving opportunities.
They work alongside you to examine your current costs, and help you to identify opportunities for measurable improvement, with a particular focus on:
Supply Chain
As well as driving cost optimisation, we work with your supply chain to create better agility, operational efficiency and resilience against market changes.
Cost & Value Engineering
Using a bottom-up approach, we support the process of aligning costs to strategy as well as optimising the costs of current products and helping to shape future products.
Operating Strategy
We leverage your organisation’s key capabilities to reduce costs, bolster resilience and achieve a step-change in operational performance to ensure sustainable growth.
Procurement
With over 50% of many companies’ outgoings allocated to procurement, optimising this area of the business is critical to controlling the cost base in any industry.
Supply Chain
As well as driving cost optimisation, we work with your supply chain to create better agility, operational efficiency and resilience against market changes.
Cost & Value Engineering
Using a bottom-up approach, we support the process of aligning costs to strategy as well as optimising the costs of current products and helping to shape future products.
Operating Strategy
We leverage your organisation’s key capabilities to reduce costs, bolster resilience and achieve a step-change in operational performance to ensure sustainable growth.
We deliver this cost transformation by combining our consulting expertise and proprietary digital platform – through our Insights360 methodology – to achieve measurable and sustainable cost reductions for clients.
Get in touch
How can cost management expertise help your business?
If you’re bringing in external expertise to help transform your cost base, you’re looking to benefit from their operational experience as well as their ability to implement the required changes.
You also want to work with a team that brings innovative solutions, and who can make a tangible improvement to the way your business operates – and upskills your in-house team so that you can achieve benefits over the long-term.
At Vendigital we combine our consulting expertise and digital platform to drive measurable and sustainable cost benefits, through a four step process:
ACHIEVING LONG-TERMÂ COST BENEFITS
We are ideally placed to help complex businesses accelerate the transformation of their cost bases. We don’t just advise you on what needs to be done, we work with you to execute the plan and generate cost benefits for your business.
We act fast on cost through the rapid identification of opportunities for direct and indirect cost improvements – typically achieving a 20-25% cost reduction for clients
We improve product margins by providing clarity on the costs involved across product design, bill of materials and service delivery – and identifying opportunities for reducing costs
We help clients make operational changes within their business, at speed, by providing the operational capability and transformation expertise required
We support clients to derive actionable insights from their cost and operational data by developing a single source of truth
Benefits are delivered through a cost neutral fee structure, where the expected cost benefits are identified and committed to up front.
With significant experience of leading change programmes at the coal face we’re able to work with clients to both set the strategy and deliver the nuts and bolts of the solution.
Explore Vendigital
Industries
As sector specialists, we have a deep understanding of the challenges our clients face and how to achieve their cost transformation goals.
Our Approach
Combining consulting expertise and our proprietary digital platform to deliver quantifiable cost savings for clients.
Insights
Fresh perspectives and practical guidance to help businesses address the complex operational challenges they face.