After a precise analysis of the purchasing portfolio, SynerTrade identifies product families liable for renegotiation, evaluates the amount of possible savings and defines a purchasing strategy tailored to each segment.

1. Collecting data in an organized manner:

Identify all the expenses scattered in the different divisions, plants, business units.

Interview buyers and assess how they buy, list current contracts and spot product or market constraints.

2. Map and analyze the complete purchasing portfolio:

Establish a purchasing map of all the purchases.

Identify the potential synergies between all involved parties.

3. Determine the potential for improvements (eSourcing, increasing productivity, pricing…).

Identify all the material groups where savings can be achieved. Assess the potential savings and their ease of implementation.

Establish a project plan.