๐๐ฃ๐ก๐ค๐๐ ๐๐ฃ๐ ๐๐๐ซ๐๐ฃ๐๐จ ๐๐ค๐ง ๐๐๐ค๐ฉ๐๐๐ง๐ข๐๐ก ๐๐ค๐ฌ๐๐ง ๐๐ก๐๐ฃ๐ฉ๐จ
We recently partnered with a geothermal power plant operator in the western U.S. to drive ๐๐ถ๐ด๐ป๐ถ๐ณ๐ถ๐ฐ๐ฎ๐ป๐ ๐ฐ๐ผ๐๐ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป๐ on their $45M annual spend, helping alleviate their heavy debt load and position for a potential exit.
The challenge? Siloed operations, misclassification of expenditures, and a procurement organization in need of optimization.
Through a series of 20 interviews and ๐ฑ๐ฒ๐ฒ๐ฝ ๐ฑ๐ฎ๐๐ฎ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ from multiple sources (ERP, 3rd-party spend tools, Amex), we developed a clearer picture of spend and ๐ถ๐ฑ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฒ๐ฑ $๐ญ.๐ด๐ ๐ถ๐ป ๐๐ฎ๐๐ถ๐ป๐ด๐ from $22.3M of addressable spend.
We also provided ๐ฎ๐ฐ๐๐ถ๐ผ๐ป๐ฎ๐ฏ๐น๐ฒ ๐ฟ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป๐ to enhance procurement skills and processes, positioning the company for a stronger future.
Want to ๐๐ป๐น๐ผ๐ฐ๐ธ ๐๐ฎ๐๐ถ๐ป๐ด๐ ๐ผ๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ in your organizationโs procurement?
Contact Beckwayโs Procurement Practice Lead, John Bradshaw, to discuss how we can help ๐๐๐ฟ๐ฒ๐ฎ๐บ๐น๐ถ๐ป๐ฒ ๐๐ผ๐๐ฟ ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐ ๐ฎ๐ป๐ฑ ๐ฑ๐ฟ๐ถ๐๐ฒ ๐๐ฎ๐น๐๐ฒ.
