Today’s key challenges

Reducing business costs

Short-term solutions focussing on price are no longer enough. Whether it’s increasing profitability, reducing waste, or remaining competitive in the market, businesses must look for ways to reduce total cost over the long term.

In-year savings

Unforeseen circumstances often leave businesses over budget halfway through the year. This means a practical, fast-track approach is needed to achieve in-year reductions.

Managing working capital

Maintaining the balance between growth, profitability, and liquidity is difficult. It’s even more challenging to rebalance these levers while maintaining service levels.

Mitigating inflation

Disruptive global events have left some businesses vulnerable to supplier price increases. The key is knowing how to minimize these increases. 

How can we help

Improving outcomes and reducing costs is one of our core competencies. Doing this transparently and rapidly is another. 

To achieve optimal outcomes, we’ll seamlessly integrate with your teams and quickly identify cost-saving opportunities. Because our team consists of over 750 consultants around the globe, we also bring a deep understanding of the supplier landscape where you are.

Alongside our experienced teams, our digital procurement platform with its AI-driven spend analytics means we have data and best practice know-how at our fingertips. By drawing on this, we enhance your decision-making and ensure costs are optimized over the long term.

Talk to our team

Contact our procurement and supply chain specialists to find out how we can help you overcome your main challenges.

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Over the past two and a half years we’ve run a cost optimization program targeting 7% of addressable spend over three years. We achieved double that savings in less than 18 months, so it has been a real success story. So much so that we are moving into the second phase of our relationship with Efficio in a hybrid-managed service.
Rachel Dolan, Head of Procurement and Supplier Relationship Management, Permanent TSB

How we help

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