Engineering & Procurement
Strategic Business Partners
Winning companies view Engineering and Procurement as strategic business partners – rather than reactive ’service now‘ functions. Why? Because Engineering and Procurement play a pivotal role in shaping both current and future Cost of Goods Sold (COGS) as well as manufacturing capabilities. Both drive substantial value creation and operational performance.
Value levers Engineering
Cost Optimization: Engineering affects COGS i.e. by improving asset reliability, reducing idle time. CAPEX drives OPEX. Focusing on Total Cost of Ownership (TCO) ensures that capital investments deliver effective future COGS.
Operational Excellence: Engineering plays a key role in ensuring compliance, safety, and seamless integration of new manufacturing processes. It drives innovation by optimizing asset use, introducing new technologies and drive digital transformation.
Strategic Capabilities: Engineering is key to managing capacity through investments or acquisitions, ensuring your business can adapt to changing demands.
How Procurement Impacts your Business
Pre-emptive Spend Clarity: Procurement provides full transparency into organizational spend patterns, allowing you to tackle high or uncontrolled (maverick) spend delivering immediate, sustainable value for your business.
Solution-Oriented Partnerships: Procurement drives results by implementing outcome-driven contracts that align supplier performance and innovation with your business goals.
Supply Chain Resilience: Procurement builds stronger supplier relationships and drive innovation to stay resilient, even during tough times like the COVID-19 pandemic.
Value levers Engineering
Cost Optimization: Engineering affects COGS i.e. by improving asset reliability, reducing idle time. CAPEX drives OPEX. Focusing on Total Cost of Ownership (TCO) ensures that capital investments deliver effective future COGS.
Operational Excellence: Engineering plays a key role in ensuring compliance, safety, and seamless integration of new manufacturing processes. It drives innovation by optimizing asset use, introducing new technologies and drive digital transformation.
Strategic Capabilities: Engineering is key to managing capacity through investments or acquisitions, ensuring your business can adapt to changing demands.
How Procurement Impacts your Business
Pre-emptive Spend Clarity: Procurement provides full transparency into organizational spend patterns, allowing you to tackle high or uncontrolled (maverick) spend delivering immediate, sustainable value for your business.
Solution-Oriented Partnerships: Procurement drives results by implementing outcome-driven contracts that align supplier performance and innovation with your business goals.
Supply Chain Resilience: Procurement builds stronger supplier relationships and drive innovation to stay resilient, even during tough times like the COVID-19 pandemic.