One of the largest areas of corporate overspending is in vendor redundancy. The average subsidiary uses hundreds of vendors - many of whom do the same thing at varying costs. Vendor rationalization helps you optimize the number of vendors servicing your portfolio of investments, while forging stronger relationships and driving down total cost. NPI can make this happen.
By strategically analyzing vendor responsibility and performance, NPI's category spend experts enable you to align with your most productive partners while getting rid of unproductive waste. By consolidating your vendor mix, we help you better leverage spend bundling opportunities and eliminate overspending - not to mention help you simplify vendor management across your portfolio.
As a private equity firm, you have tremendous opportunity to leverage your spending in highly-negotiated categories like IT, telecommunications, supply chain and energy. The key is having the depth of category expertise to efficiently manage the process and maximize savings.
At NPI, we've done just that for 9 years, saving clients hundreds of millions. Our category spend experts carefully analyze your entire portfolio to uncover powerful bundling opportunities that can drastically reduce costs and increase portfolio performance. Through proven spend assessment and benchmarking exercises, NPI creates a spend management strategy that leverages your unique spending profile against the vendor landscape. Furthermore, NPI partners with you to negotiate vendor contracts and implement sourcing best practices that deliver savings throughout the entire vendor engagement - from contract to renewal.
Ready to decrease your portfolio's spending? Click here to discuss a savings and benchmark analysis.
American BioSurgical, a Roundtable Healthcare Private Equity Company, partners with NPI to mitigate transportation costs.
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