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Shared Procurement Services

Collaborative procurement solutions to maximize scale benefits.
Who Benefits from:
  • High Inventory-to-Sales Ratio
  • Delayed Projects
  • Underutilized Assets
Optimized Inventory

Shared Procurement Services

Through SPS, we enable you to reduce inventory burnouts and effectively utilize assets. This program turns unutilized stocks and assets into revenue-generating sources. Based on your operations’ inventory-to-sale ratio and ROI status on equipment, we curate a specialized plan where resources can be utilized by other organizations. Similarly, you gain access to such resources at a significantly reduced cost.

Increased Value

Outcome on enrollment

Inventory Ratio Analysis

Assess and identify your inventory-to-sales ratio for optimal management. This helps in understanding stock levels and ensuring efficient inventory turnover.

Timely Liquidation

Liquidate excess inventory promptly to maintain accurate records. This process helps in reducing storage costs and preventing stock obsolescence.

Legal
Compliance

Ensure all liquidation processes comply with legal standards. This guarantees that all actions are within regulatory frameworks, avoiding potential legal issues.

Future
Planning

Receive recommendations for maintaining a better inventory ratio. These insights aid in strategic planning and improving overall inventory management.

Enhanced Resource Utilization

Optimize your entire supply chain through shared procurement intelligence and collaborative resource planning. Our network provides real-time visibility into available resources across partner organizations, enabling better demand forecasting, reduced procurement lead times, and improved resource allocation decisions that maximize operational efficiency.

Environmental Impact Reduction

Contribute to sustainable business practices by participating in the circular economy through resource sharing and waste reduction. Our SPS program helps minimize manufacturing demands, reduces environmental footprint, and supports corporate sustainability goals while achieving cost savings and operational efficiency improvements.

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Who Benefits from

Shared Procurement Services

High Inventory-to-Sales Ratio

If your inventory-to-sales ratio is high and stock wastage exceeds market standards, our SPS can help optimize your inventory levels and reduce waste.

Underutilized Assets

If you have underutilized assets that are not producing the required ROI, our SPS can turn these assets into revenue-generating resources by making them available to other organizations.

Delayed Projects

If certain projects are delayed and you have already procured assets that you plan to use later, our SPS allows you to cross-utilize these resources at a reduced cost, ensuring they do not remain idle.