Round Table offers a diverse range of proven but customizable products and services to assist your procurement function. Packages can be combined as appropriate for your specific situation. RTC’s core products and services are extensive and include:
Our Procurement Business Review is designed to find hidden costs and inefficiencies in your procurement environment. From high prices to complacent suppliers to wasteful processes, our proven methodology is designed to weed out the issues. A rigorous and objective tool, the review provides a “scorecard” of your current operation while defining – and prioritizing – the opportunities to reduce your total cost of ownership. Think there is little or no significant improvement available to your business by way of your procurement function? You might be surprised.
Whether uncovered during a Procurement Business Review or recognized on your own, there are opportunities to reduce your spending to outside parties. Our Cost Reduction processes are designed to pursue these opportunities and realize immediate profit-line improvement. Depending on the nature of the opportunities, our team will implement solutions ranging from rigorous Strategic Sourcing initiatives to Quick Hit projects.
Immediate savings capture is one thing; sustainability of those results is another. RTPS recognizes that sensible business planning mandates that investments made today must continue to drive benefits in the long term. RTPS has developed a Foundational Improvement approach that identifies and implements changes that will deliver savings well beyond the life of a single project. From process reengineering to organizational design and personnel training, our initiatives ensure that your benefits will have staying power.
For many organizations, expense – or indirect – procurement is a necessary distraction rather than a core business focus. While opportunities generally exist to reduce costs significantly, it is often difficult to justify the development of internal infrastructure to properly manage such a non-strategic function. For this reason, many companies are increasingly considering the outsourcing of non-core operations, including procurement. RTPS’s Procurement Management service can add the necessary rigor and expertise to your business without the time, effort, investment and disruption that comes with building it yourself. Benefits are immediate and significant, resources are flexible based on need, and internal effort is minimal.
While the pop is gone from the bubble, there is no doubt that automated tools will increasingly play a role in prudent procurement strategy, and with good reason. While the benefits are undeniable, the challenges associated with this business change have never been so evident. Whether you’re on the “buy-side” or the “supply-side”, our Electronic Commerce services will help you understand and address these challenges. From user adoption to content management to e-marketplaces, we can help make the most of your “e” efforts.
