Hitherto global procurement was regarded as the alternative to the transfer of jobs and production plants. Through the internationalization of your procurement space your company can have access to new markets and technologies and profit from significantly more favorable procurement sources. According to TCO analyses the potential for cost reduction of global procurement is around 20%.

The strong growth of the world economy - in particular in the emerging markets of China and India- has led to an enormous demand for raw materials. A strong demand for material goods can also be expected worldwide in the coming years. The increase in supply will barely be able to follow so that at least temporary shortages can be expected. The possibility of large currency fluctuations should also not be forgotten.

This scenario makes it increasingly difficult for the purchase department to optimize the procurement costs and insure availability.

To avoid that resource shortages and potential savings would turn into real costs THESEN AG produces detailed risk analyses and management strategies for you. We answer core question like:

• Does your production strategy at the product and component level fit with your global procurement plans?
• How can you ensure a constant quality and availability from a large distance?
• What is the effect of global procurement on your staff and logistics costs?
• How can you prepare your organization structure for the new challenges?

Our answers:

• Analysis of procurement volume in terms of adequacy
• Development of a sourcing strategy
• Identification of new procurement sources and markets
• Availability and quality analysis
• Evaluation of potentials
• Identification and evaluation of existing barriers and opportunities
• Evaluation of alternative options
• Definition of measures
• Motivation and systematic involvement of your staff
• Buildup of an effective reporting system
• Definition of partial projects for implementation.

The THESEN systems approach stands for an integrated analysis and protection of your global procurement requirements and costs.