Other Procurement Services

Greybeard also offers a wide range of other procurement-related services, either as part of a consulting engagement or on a standalone basis:

• Payment terms programs
• Lean manufacturing in supply chain management
• Supplier development
• Supplier Relationship Management, including premier supplier recognition programs
• Partnerships with suppliers: design and implementation
• Subject Matter Experts (SMEs) on critical topics such as iron ore, coal, coke, chemicals, plastics, scrap, and energy management
• Procurement policy guidance: crafting policies that are appropriate for your organization
• Speaking with One Voice: developing internal discipline
• Risk management: policy development and strategy development
• Reverse auctions and optimization: how and when to use
• Cost reduction tracking and reporting

Cost Reduction Tracking and Reporting
 

A fundamental challenge and frustration for procurement leaders, as well as their internal clients, is the credibility of reported savings. What's more, it can be difficult to create useful summaries of the realized savings that are relevant to top management.

Greybeard Advisors, in conjunction with one of its business partners, offers a cost reduction tracking and reporting system that meets these needs, available at a fraction of the cost of in-house development. This system also facilitates effective project management of sourcing projects, and helps to drive negotiated savings to the bottom line.