E J T Management Consultants Limited
Purchasing and Supply Management Solutions
Sourcing
There are only two basic ways for a company to achieve better bottom-line performance: increase revenue or reduce total costs.
In today's market place, most companies are finding it increasingly difficult to increase sales so they are actively looking to reduce total costs.
One of the biggest areas of cost to any organisation is the cost of bought out goods and services, so the pressure is on the purchasing and supply management function to deliver sourcing solutions that will not only reduce cost but reduce lead times, and inventory as well as improving quality.
At EJT Management Consultants Limited a core element of our business is to provide both strategic and hands on assistance with cost reduction programmes through a professional sourcing programme.
Companies have the opportunity to use our own sourcing experts to generate short-term savings opportunities (quick wins) or use us for a more strategic support and knowledge transfer opportunity. EJT Management Consultants Limited can also provide experienced Project Managers to manage their own bottom line improvement projects to ensure that the benefits are delivered and sustained.
At EJT Management Consultants Limited we have a proven track record of achieving substantial and sustainable cost savings that directly contribute to bottom line results.
BUT Sourcing is not only about cost reduction!
Whatever a company’s business sector and regardless of their product or service offering, the chances are their business relies on the purchase of external goods or services in order for it to operate effectively. These purchases could be:
- Direct materials related to the production of a product or service (BOM)
- Indirect Goods and Services to support your business such as IT, marketing or stationery (indirect expenditure)
- Items that you buy as finished product and sell on (resale expenditure).
Companies who want to establish a permanent competitive advantage need to evolve from an operational (transactional) and tactical environment to a strategic environment where they interact with their supply management partners and manage the whole value chain through elimination of waste, positive change, speed and flexibility. Only in this way can a company permanently establish a competitive advantage.
At EJT Management Consultants Limited we can assist companies make this transition quickly through our SPEED programme (Sourcing, Professionally and Efficiently, and Effectively Delivered).
SPEED is a programme built on leadership, team work and especially cross- functional teaming. Speed delivers results by working together with our clients and providing:
- Strategic objectives
- Operational objectives and projects
- Projects implementation
- Simple and efficient business processes
- Change management support
- Effective and very visible performance measures
- Skills and tools to analyse areas of under achievement and performance
- A structural plan for ensuring continuous improvement and organising future breakthroughs.
- Development capability training for personnel to ensure ongoing success
We cover the whole spectrum of sourcing, whether:-
- It is on an operational, tactical or strategic level
- The requirement is for short-term cost saving opportunities (quick wins) or a more medium to long term structured and strategic cost reduction programme.
- It is a value chain SPEED programme
- It is a one off international sourcing initiative.
- Negotiations are required with current suppliers
- It is the outsourcing of all non-core purchases.
Our strength is to show companies through a proven sourcing process, both short-term opportunities (quick wins), and medium and long term (SPEED) opportunities how to improve cash flow, improve profits and keep ahead of the competition.
For more information about EJT Management Consultants Limited purchasing and supply management services please e-mail:info@ejtmcl.com
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