Indirect Procurement Cost-Efficiency Consulting
Retailers typically spend a significant amount of capital and operating expenditures on “goods and services not for resale.” This area often represents an untapped source of value creation.
At HRC Retail Advisory, we help retail clients develop and deliver both near and long-term expense savings, operational efficiencies and accountabilities to transform this important function and realize significant expense savings. HRC’s experience covers virtually all areas of indirect spend within Supply Chain & Logistics, IT, Marketing, Store Operations, and Corporate Services.
Our work begins with a comprehensive assessment of our retail client’s indirect procurement spend and supplier contracts, as well as procurement processes, tools, metrics, reporting and performance. HRC employs a “rolling-up the sleeves” approach, where we partner directly with our client’s business units and supplier partners to drive substantial savings and synergies through process improvement, strategic sourcing, fact-based negotiations, and development of go-forward supply and demand management strategies to enable sustained savings and category management effectiveness.
We differentiate ourselves by:
- Leveraging our retail experience and extensive pricing benchmarks;
- Focusing on data-driven and fact-based decision making; and
- Supporting our on-site team with a dedicated in-house analytics group for complex modeling and sensitivity analyses.