Procurement & Supply Chain Benchmarking

At Fulcrium, we have been at the forefront of Procurement and Supply Chain Benchmarking for over 19 years.

It is no longer sufficient for the Procurement and Supply Chain function to be satisfied with simple cost savings.

Now, its practitioners must leverage the entire supply chain to reduce risk and deliver bottom line profits. They need to think long-term and strategically while identifying and implementing quick wins, and have real influence and power with all the stakeholders in the business.

In the Oil & Gas sector, in particular, our clients have recognised that to contend in a fast-changing and unprecedentedly competitive world they need extraordinary Procurement / Supply Chain specialists.

Specialists that are knowledgeable about the technological and logistical challenges posed by managing both conventional and unconventional resource portfolios, and that understand how to optimise supplier-operator relationships for competitive advantage.

At Fulcrium, we have extensive global experience of supporting the Procurement and Supply Chain function. Whether in fully mature geographies or in those still reaching maturity, we ensure that cultural, legislative, contractual and financial matters align to guarantee reliable sources of supply.

Our benchmarking services ensure that value excellence is obtained from every supplier appointment – from single time-limited engagements to preferred supplier relationships.

Our involvement and actionable insights have helped numerous companies to restructure and up skill their Procurement functions to:

  • Become fully aligned with the strategic goals of the business.
  • Identify where value truly lies and how it can be exploited by the business.
  • Turn disparate suppliers into a functioning network of business partners.
  • Leverage internal relationships more effectively.
  • Improve the identification and uptake of innovations generated in the supply chain.
  • Better communicate their value to the organisational stakeholders.
  • Reduce risks of supply chain fragmentation.
  • Identify high-value new partners, including from unexpected geographies.
  • Practice improved category management.
  • Improve supply chain sustainability.
  • Assess the value of procurement outsourcing.

One thing is certain: the world will only become more complex, and more risky. Managing that volatility will ask even more from the Procurement & Supply Chain function.

If you want to ensure that your Procurement & Supply Chain function is managing risk and delivering maximum bottom line benefit then contact us today.

Our Methodology.

Backed with over 19 years’ experience, we know how to provide accurate data.

Outstanding techniques that drive best performance. Outputs from this stage are parameters for a granular benchmarking framework.

Baselining

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Utilising our unique, proprietary and global benchmarking database, we ensure the critical mass of accurate data for comparison.

Benchmarking

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Accurate value identification, quantification and prioritisation of improvement options that would not otherwise have been considered.

Value Analytics

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Value excellence to define scope, goals and the top-quartile initiatives needed to close performance gaps to drive exceptional value realisation.

Terms of Reference

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Verification of benchmark methodology, data, analytics, accuracy of value-identification, and business case before initiatives are sanctioned.

Validation & Assurance

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Customised execution to take action on the values, practices and procedures that will drive exceptional value realisation.

Follow Through

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