Strategy & Operations Consulting
Our Strategy & Operations consulting solutions address every aspect of the procurement of goods and services within your organization. From Strategic Sourcing to Turnkey solutions, AArete has the expertise and knowledge to get your spend management practices on track. AArete personnel have expertise accumulated from review of over 150 different procurement functions within multiple industries. Through our Knowledge Management Center™, a rich repository of intellectual property, industry expertise, and analytics tools, AArete works to leverage industry specific best practices and apply the strategies that are best suited for a given organization. We combine our highly credentialed industry specialists and Knowledge Management Center™ to deliver competitive advantages through the cost reduction solutions below:
Strategic Sourcing Solutions
Strategic Sourcing Solutions target every category in which your business spends money. Through deep data analytics, fact based negotiations, proprietary methodologies, and our Knowledge Management Center™, we ensure that your contracts, SLA's, and pricing maximize value for your organization and provide a competitive advantage.
Non-Salary Cost Reduction Program
Non-Salary Cost Reduction Program emphasizes our belief that the best companies focus on aligning their cost structure while retaining their employees. Our program approach enables businesses to find creative cost savings in Non-Salary areas through sourcing solutions, demand management efforts, and contract compliance, while leaving no stone unturned in delivering substantial bottom line results to your organization.
Procurement Optimization Solutions
Procurement Optimization Solutions position your firm’s purchasing department to be flexible, streamlined, and connected. Our solutions address function presence within the organization, contract management, and systems usage and integration. Through a current state assessment, introduction of best of breed practices and processes, and efficient training, our procurement optimization solutions will transform your group into a scalable, highly valued function within your organization.
Source-2-Settle Services/Procure-2-Pay Solutions
Source-2-Settle Services/Procure-2-Pay Solutions transform your procurement processes from requisition to invoice payment and all steps in between. Our solutions enable your organization to shift its practices from transactional and reactive to strategic and nimble, adding value by improving your bottom line. We work with companies to pursue not just a lower cost of goods and services, but also to find comprehensive solutions that improve the interfaces between procurement and payment, reducing operating expenses through automation, process improvement and labor arbitrage.
Outsourcing Advisory Solutions
Outsourcing Advisory Solutions help clients assess their internal processes and determine whether targeted functions are core to the organizations strength. Once the assessment is complete, AArete can support management in one of three ways: 1) improve the internal processes, 2) outsource the current function, or 3) provide a combined solution of internal and external providers. AArete’s support continues from the original assessment through full implementation and audit of the function's first quarter results.
Outsourced Procurement Personnel
Outsourced Procurement Personnel/Turnkey Solutions enable organizations to take advantage of additional skills and resources by supplementing or outsourcing their procurement department. AArete can offer Fortune 500 experience, seasoned professionals on/off-site, Knowledge Management Center™ resources, intellectual property, and access to forensic data analytics team members to help clients expand purchasing and sourcing capabilities, ultimately increasing their ability to meet bottom line objectives. Many industries cannot provide the optimal career path or the best tools for expert procurement personnel and thus choose to have this function performed by a firm like AArete that can provide both the procurement professional, as well as savings to the organization. Benefits realized often include: reduced turnover, incremental annual cost savings, optimal contract compliance, and better utilization of the procurement system.
Contract Compliance
Contract Compliance services enable organizations to manage and unearth compliance issues across contracts within all functions of the organization. AArete's analytics experts compare and match direct feeds of transaction level data from the vendor or the client procurement system to preloaded contract abstracts. AArete then supports management in seeking recoveries and preventing future non-compliance.
System Optimization
System Optimization analyzes an organization's procurement systems utilization through a current state assessment noting all inputs and outputs, specifically evaluating performance against original ROI commitments from the system provider and evaluating actual performance. Through deep application knowledge and procurement expertise, our teams identify and implement ways to optimize and leverage the procurement systems present within your organization.