Driving down costs has never been more important. With revenues coming under pressure, cost control has become an essential practice to maintain profitability. We can help you achieve a significant reduction in operational and major project spend (typically 5%-10% across the board), and embed new practices into the organisation which ensure future contracts and negotiations achieve best value.
What We Offer
Negotiation Of Recurring Savings
Typically we can help achieve hard savings of 5% – 10% on operational expenditure through renegotiation and removing hidden costs such as indexation. We can see some contracts reduce by 50% like for like. We can either work as a discreet team, or alongside your existing procurement function, and are able to scale up/down depending upon needs.
Project Procurement & Negotiation
Negotiation of major capital or one off spend through managing tender processes, negotiating improved payment terms, identifying contractual challenges, and reducing overall costs.
Procurement Governance & Policy
Designing and embedding sustainable procurement processes and governance, keeping costs managed in the long term.
New Revenue Identification
Our experienced procurement professionals have encountered many opportunities to improve revenue. We can help you identify options, and build a compelling case for change. As an example, we recently identified a large concession opportunity for a national retailer, and negotiated and managed the pilot implementation phase.
“We have worked successfully with Tessiant on a range of projects both on cost and proposition development and have found the team and consultants to be excellent. Driven, precise, knowledgeable and outcome focused. The model we have engaged in has been the right fit for our businesses enabling us to operate as a partnership bringing in capability and capacity that we work alongside to ensure the change is sustainable. With the teams they have put into our business sympathetic to our culture and way or working and good people to work with.”
UK Value Retailer Case Study
Travel Industry VS Traffic Light System
National Charity Case Study
Digital Challenge For Procurement
Reviving The Hospitality Sector – At What Cost?