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Sourcing and Procurement
Effective sourcing and procurement is essential to the success of all organizations.
Without careful attention to costs, an organization faces significant competitive
and other threats.
The Claro Group's Sourcing and Procurement practice brings strategic, proven solutions
to complex sourcing and procurement issues:
- Increasing non-labor costs
- Pressures to reduce costs for both indirect and direct materials and services.
- Decentralized operations and buying
- Lack of spend visibility
- Presence of too many vendors
- Outdated technology and processes related to the requisition-to-payment process
- Management of supplier relationships
An approach focused on results.
Our team of experienced sourcing and procurement professionals has helped more than
100 organizations in a range of industries – financial services, public sector,
retail, consumer products, manufacturing, and healthcare – manage costs more effectively
and achieve:
- Measurable and sustainable cost savings
- Increased visibility into spend to support ongoing sourcing efforts
- Improved contract compliance and risk management
- Enhanced regulatory/SOX compliance
- Alignment of the organization, technology, processes and procedures
In all, our professionals have worked with clients to analyze $17 billion of spend
and achieve savings of more than $2 billion.
The Claro Group applies a holistic focus that considers four key drivers of success:
strategy, people, processes, and technology. This broad focus enables us to quickly
and accurately identify realizable cost savings opportunities in a compressed timeframe,
as well as work with your organization to put the appropriate tools and metrics
in place to measure and sustain the impact.
The Claro Group's services include:
Spend Management
Spend Analysis
Strategic Sourcing
Procure
to Pay Process Effectiveness
Enterprise-wide
Cost Reduction
Supplier
Relationship Management
Please contact us for more information about
The Claro Group's Sourcing and Procurement Solutions.
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"The Claro Group worked with Hewitt to help us achieve significant savings. Leveraging
their commodity experience, market and benchmark information, the Claro team worked
jointly with our sourcing professionals and internal stakeholders to identify targets,
quantify opportunities and successfully negotiate savings with suppliers. Claro's
flexible approach provided great value and helped Hewitt realize its procurement
savings objectives for the year."
Mark Power – Director of Strategic Sourcing, Hewitt
"The Claro Group team has strong process & technology knowledge and skills and were
able to leverage their private & public sector experience to help the State of Illinois
improve its spend visibility. They played a significant role in defining the State's
Enterprise Spend Management Program and brought leading practices to the program."
- Shelly Martin, Chief Knowledge Officer, State of Illinois, Central Management Services
"The Claro Group team was able to quickly identify the potential savings opportunities
and worked with my team to capture the savings. They helped me further develop my
team through providing a structured education program and used the target categories
we worked to provide real world experience. We were able to exceed the initial savings
estimates and put reporting in place to measure the impact. The Claro team was accountable
for realizing the estimated savings and they made it happen."
- Bruce Kilkowski, Former Director of Global Sourcing, Underwriters Laboratories,
Inc.
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