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During turbulent times, our ability to generate savings from cost-based procurement strategies will diminish. Organisations will adopt positions to protect themselves against increasing disruption.
To continue to deliver our ‘value’ targets we must work together with our suppliers, to innovate.
Our suppliers will welcome this collaborative approach.
Global Head of Procurement, BAE Systems Digital Intelligence
See how a Global FMCG drives its responsible supply chain with Suppeco SRM
Once a service becomes a relationship, it can scale great heights.
innovative digital solutions in procurement can unlock as much as an incremental 3 to 10 % in annual cost savings.
McKinsey and Co
Companies spend an average 15-27 % of total revenues, on external suppliers. But a full quarter or third of the negotiated value is lost over the term of the deal.
KPMG
Companies that don’t take a structured approach to relationship optimisation are restricting their own access to an additional 10 – 15% annual value creation.
Suppeco
What do companies using Suppeco say
The four pillars digital relationship infrastructure
Safeguarding against dysfunctional business relationships and ecosystems. A wealth of opportunity for value-creation resides inside our relationships.
Fact: The relationship is typically the area of any engagement that lacks the sophistication of baselined measurability.
Fact: this is also the part that contains the most value.
Innovation and collaboration, these critical areas, and many others depend on one thing – a great relationship. The key to any great relationship is meaningful collaborative structure and reciprocity. This is where 4 Pillars dynamic infrastructure simply excels.
Why Suppeco
Drives Collaboration
Built with ISO44001 in mind we understand group and bilateral collaboration. But Suppeco also recognises relationships and service are about understanding people
Minimises Risk
No generic risk library, Suppeco generates a dynamic risk engine that learns and updates as the relationship with your suppliers evolve and improve
Completely Reciprocal
Many challenges originate on the customer side of the relationship. Suppeco recognises this and thus the need for absolute reciprocity
Increases Mutual Trust
Reciprocal service improvement transparency. Suppeco inherently recognises that mutual trust is the cornerstone of all successful business relationships
Better Communications
Suppeco promotes strong relationships that thrive on good communication, and so will intrinsically garner valuable stakeholder opinion and support