Client Services / Strategy / Finance
Service
Key Project Activities
Deliverables
Cost reduction (procurement)

Ntiyiso Consulting’s “Cost Reduction” offering helps clients with analysis of their spending pattern in order to identify potential areas and strategies in/though which potential savings and/or additional value add can be realised.

  • Identify all cost elements within the business, e.g. cost centres, invoices
  • Consolidate all the costs into a spend database (excel, access, mysql, etc.)
  • Analyse spend trends and patterns (e.g. fragmented spending, commodity differential pricing)
  • Identify cost reduction areas (e.g. benchmark commodity prices, volume consolidations, contract renegotiation, supplier analysis, asset productivity, demand management etc.)
  • Spend database
  • Expenditure patterns
  • Cost reduction initiatives