Procurement is a multifaceted aspect of an organization’s operation
that has a significant impact on profitability. Indirect spend is
one area where companies typically struggle to contain costs due to
a lack of resources. In many cases, organizations are unaware of the
number of resources they are allocating to this process — or whether
they are utilizing them efficiently.
Dryden Group focuses on finding ways to help our clients save money
on indirect commodities, regardless of how much they’re already
spending. We offer an assortment of premium procurement consulting
services that provide unparalleled visibility into indirect spend
programs, which increases operating efficiency and delivers
significant cost reduction. At the Dryden Group, your bottom line is
our top priority.
What Does Procurement Consulting Entail?
Procurement strategy and consulting give your organization direction
on acquiring and delivering the products and services essential to
your business. With a robust procurement strategy, you can minimize
risk while predicting future costs and keeping them low. There are
three main types of procurement:
Direct procurement: With direct procurement,
your business buys at the cost of goods sold (COGS) or goods for
resale (GFR). Direct procurement is most frequently used when
businesses need ingredients, raw materials and commodities.
Consultants or managers lead this chain of procurement, which has
both fewer buyers and suppliers.
Indirect procurement: Dryden Group procurement
consulting services focus on indirect procurement processes
specifically. In indirect procurement, goods are sold at goods not
for resale (GNFR) prices and the costs typically don't go into the
final product. Indirect procurement consultants generally don't
hold the budget — they act on behalf of the decision-maker and
budget holder. Indirect procurement is the most complex type of
procurement as it requires in-depth knowledge of many suppliers
and buyers in an organization.
Supply chain: Supply chain consultations and
services sit just outside the chain of procurement and use a
different set of specified knowledge. Most supply chain
consultants work on either fulfillment or logistics in regards to
the end customer.
Why Use a Procurement Consultant?
Procurement consultants give you the power you need to gain a
competitive advantage and grow your business. From understanding
client business requirements to identifying opportunities for new
procurement growth, procurement consultants optimize your business
performance. Procurement consultants perform the following operations:
Act as a singular and streamlined point of contact with the
Keep track of your base supply and identify potential problems
before they begin.
Continuously evaluate your current procurement strategy and adapt
it to new challenges.
Create strong relationships with new suppliers and continually
Recommend creative indirect procurement strategies that can save
Monitor and evaluate current market trends for shortages and
Evolve procurement strategies over time to address economic and
Using all of these factors, a procurement consultant creates a
long-term strategy for how your business should secure your supply
chain and keep it going for years to come. When you take control of
this information and set everything up in advance, you can minimize
risks and reduce total procurement costs to give your business an
edge over the competition.
Dryden Procurement Consulting Group
We focus on
finding ways to help our clients save money
on indirect commodities, regardless of how much they're already
We Offer Procurement Consulting in Critical Areas That Affect Your
Dryden Group gives you access to a team of professional procurement
consultants with unmatched expertise in the following areas:
M&A support analysis: You can count on our
procurement consulting services to help you navigate the turbulent
waters that come with the
merger and acquisition process. We’ll provide expert guidance with everything from due
diligence during the premerger phase to the reorganization of the
procurement process from top to bottom.
RFP management: We’ll assess your request for
proposal procedures to help streamline the process and eliminate
areas of waste and inefficiency.
Why Should You Consider Using Procurement Consulting Services From
The Dryden Group brings more than
15 years of experience to the procurement consulting
process. We’ve helped numerous companies across a broad spectrum of
industries improve their bottom line by getting their indirect spend
under control. We also understand that a one-size-fits-all approach to
consulting does not work for every organization. We’ll help you select
the ideal combination of services that address your unique needs.