Software suites now make it possible to optimize negotiations by relying on a view on an unprecedented set of data. This makes it possible to focus on a long tail of smaller suppliers, transforming in the process, the issue of erosion of margins towards that of Operational Excellence.
The implementation of a Rapid-Repricing approach makes it possible to generate savings with suppliers not initially addressed but also to mobilize resources in order to improve the optimization of more strategic supplier databases.
In order to identify cost saving areas, streamline the supply base, manage risks and improve supplier relationships, KEPLER has established a four-step approach:
- Definition of scope
- Planning the action plan
- Negotiation
- Implementation
The approach generates increased productivity over the long term and a roadmap for an improvement plan over several years through the enrichment of statistical models.