Cost Reduction

With the price of major commodities setting record levels and service providers inflating costs, the focus on procurement teams to protect inherent value within their businesses is proving increasingly difficult.

To survive, buyers cannot be seen to deliver reduced profitability to their shareholders.

Successful procurement teams are those who can build balanced negotiation strategies that focus on long-term dependency of supplier relationships while simultaneously reducing input costs to improve margins.

Merindol Negotiation practitioners have worked extensively with procurement and supply chain teams across a range of industries to successfully deliver quick and sustainable P&L improvements through managed supplier negotiations.

MDs, CEOs, COOs, CFOs, CPOs and procurement/ supply chain heads would greatly benefit from this service.

CASE STUDY

Merindol Negotiation was instructed to support a large infrastructure company’s contract renegotiation with an underperforming key strategic supplier of business critical services valued in the hundreds of millions of GBPs (£).

We helped the project team define key objectives and aligned priorities between senior stakeholders, two of whom were at board-level.

RESULTS

Developed a negotiation strategy and action plan that was successfully executed generating millions of pounds of cost savings and re-establishing the client’s confidence in this key supplier’s ability to fully deliver its services.

CONTACT US

To find out how we can help with your business negotiation challenges, call us now on +44 (0)1865 600 930 or email info@merindolnegotiation.com

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