Invoice & Supplier Base Reduction
REDUCE NON-CONTRACT VENDORS BY UP TO 8O%
Customers today demand fast turnaround time, operational visibility, more product choices, order customization. This requires bringing in more vendors to procure a wider variety of materials, meaning sourcing teams need to manage many more individual transactions, at the same time quality controlling the supplied materials and many making sure that stock delivered at the right destination. These have brought many challenges e.g. increase in purchase cost, depletion of working capital, increase in supplier interaction cost, all adding to your tail spend.
SUPPLIER BASE REDUCTION
Acting as the aggregator – Single Creditor – for your non-contracted suppliers, we help bring clarity and efficiency to your whole small spend vendor management process. As an extension of your procurement department, a broad option of products is available to chose from helping you reduce your supplier base as well as inbound invoices.
BENEFITS
- One point of contact, invoice and payment term.
- Lower internal cost and savings in head cost – 21% or more.
- More time to focus on strategic procurement.
- Reduced vendor relationship to manage.
RELATED SPECIALTies
CONTACT US BELOW FOR FURTHER DISCUSSION ON INDIRECT PROCUREMENT
Mail us : support@lynchcapitalgh.com
Call us : +233 30 331 3825
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