Our supply chain optimisation specialist lawyers help organisations achieve their supply chain objectives by identifying opportunities for rationalisation, consolidation and enhancing “value” from suppliers, with the aim of achieving cost savings and/or other sustainable business benefits, without adversely impacting business functions, business continuity and operational resilience.
Benefits
Organisations usually undertake supplier optimisation initiatives to achieve significant cost savings - for example by:
- Terminating services no longer needed.
- Consolidating suppliers providing similar services.
- Utilising alternative resourcing models (e.g., managed services, off-shoring or cloud).
- Streamlining vendor management.
But there are a number of other non-financial reasons, for example:
- Business/legal entity restructuring.
- Post-acquisition integration.
- Aligning Suppliers with evolving business strategies (for example moving to Cloud, regulatory remediation or helping to achieve ESG goals)
- Improving supply chain processes, governance and oversight structures.
- Performance improvement and innovation.
- Improving contract data management.
- Stronger supplier relationships and performance.
- Improved customer experience.
Why choose us
Importantly, the ability for an organisation to achieve desired cost-savings at the level and in the timescales planned is ultimately dependent on the flexibility within its supply chain contracts. Understanding the contractual landscape and the ability to reduce costs and effect change is key to achieving supplier optimisation objectives. We can work with your other advisers and consultants to deliver your expected business outcomes.
Our experienced teams at Browne Jacobson understand the sector in which you operate and have the deep market insight and commercial contract experience needed to help you navigate the often-complex contractual landscape and ultimately improve supplier contracting, management and benefit realisation.