Procurement Services
DAKT Logistics can facilitate the transformation of your procurement operations into an on demand service by leveraging our own award-winning internal procurement organization. We can provide full end-to-end procurement services or selected services based on your requirements. Since its inception in 2008, DAKT Logistics has relentlessly worked to serve procurement organizations in various sectors including, Oil and Gas, Construction, Mining, Pharmaceuticals, Medical, Telecommunications, Petrochemical and Automobile. Our services include:
- Strategic sourcing
- Procurement operations
- Accounts payable
- Customer assistance
- Flexible technology solutions
You can achieve key business outcomes with help from DAKT Logistics Procurement Services through our successful category management strategies which enable tight linkages throughout the entire source-to-pay process.
- Greater savings to the bottom line – DAKT Logistics strategic sourcing expertise and support for improved compliance can result in greater realized savings
- Deep sourcing and category expertise - our sourcing councils negotiate and manage spend which can result in improved pricing and advantaged relationships with suppliers
- Global coverage - we do business in over 160 countries around the world and have established operations in key emerging regions
Procurement Consulting
Procurement strategies are part of a business's success than ever before. Procurement groups understand the value of cost reduction and companies now consider purchasing a source of revenue.
On average, purchase spend amounts to nearly thirty percent of a company's revenue. Through our wise use of technology, identification and better management of cost drivers as well as improved supplier relationships our company is able to increase shareholder value.
Some common identified best practices in procurement include little or no insight into spending with suppliers, labor intensive procurement processes, lackadaisical sourcing approaches, and a scarcity of well trained procurement professionals.
Our consultants can help you increase visibility into your total spend, assess opportunity for savings, implement sourcing programs to achieve and maintain savings, and identify weaknesses in your purchasing organization. Our range of procurement services include:
- Procurement Assessment. A comprehensive review of your procurement organization for best practices and potential weaknesses.
-
Strategic Sourcing. A structured approach to conducting spend baseline, selecting procurement approaches, developing the bid, analyzing bid responses, and supporting supplier negotiations for chosen commodities and/or services.
- Business Process Outsourcing. Procurement is oftentimes not a core competency and external expertise can bring proven experience and strategies. Outsourcing one or more procurement initiatives can lead to cost savings.
- Spend Analysis. A detailed analysis that provides your company insight on actual procurement costs while assessing possible alternatives to provide savings, improve efficiency and monitor compliance across departments.
- Procurement Training. To support your organization’s current procurement projects, training can be added as necessary to incorporate expert tools and approaches for effective purchasing.