Level 5™ in Action: The Execution Phase

Objective: To implement a cost control strategy that allows companies to manage supplier relationships for sustainable supply chain cost reductions, favorable contract terms and process efficiency.

Methodology Snapshot:

• Present, train and implement supplier management and cost control recommendations from Advisory phase


• Conduct objective quarterly assessments of procurement and outsourcing for continuous process improvement


• Institute an ongoing vendor classification process based on performance, cost, dependence and strategic business value


• Utilize tailored supplier management and procurement approaches for key vendors to guarantee fair market value


• Develop and deliver procurement team communications and reporting protocol

Interested in benchmarking your pricing against real-time market data? Click here to receive a complimentary savings evaluation.