Exploit your potential! Modern procurement is a strategic management task that directly impacts your business’s success. With custom tailored approaches we achieve significant cost advantages and strengthen your procurement organization.
TARGUS Procurement Academy – facilitate and standardize
Material Group Management becomes Material Cost Management
Classical procurement practices solely target achieving the best price for a given material. However, significantly higher savings can result by changing the pattern of consumption or the product design and associated purchasing optimization.
In our approach to Material Cost Management we expand our methods of Material Cost Optimization though a strategic steering instrument to achieve comprehensive savings potential. The goal is to make Material Cost Management a sustainable practice in the business.
Capital goods procurement with Product Cost Optimization
Investment decisions have a long-term effect on the profitability of a company.
To create complete cost transparency, the facility overhead costs must also be included in addition to material costs. This connection must be part of the planning for the investment.
For your capital goods investment we analyze your requirements with you and scrutinize all specifications in order to optimize the profitability of your investment.
The Procurement Scan evaluates your productivity
An efficient procurement organization not only contributes to the success of a company but also allows flexible reactions to complex external influences.
In order to successfully counteract increasing demands and structural changes, the purchasing function itself should regularly be reexamined.
Using our Procurement Scan we systematically evaluate with you your entire procurement procedures and help to significantly increase the utilization and value of the purchasing function.
Procurement Controlling with the right key data
Complex procurement volumes, development and integration of strategic partners as well as increasing specialization and growing internationality lead to a continuously expanding role for procurement in the value added chain.
In Controlling, traditional but less meaningful key data are often used. Forward looking procurement controlling must reflect, however, on the one hand the internal contribution of the procurement organization to results and its productivity. On the other hand it is also the task of the procurement department to evaluate its suppliers based on applicable key data.
Based on our many projects in the purchasing area and also in other operating areas we support you in establishing a meaningful procurement controlling system.