Bloodstone provides a capable and focused management resource for clients. We work with clients on all expense categories to reduce
costs and improve service delivery and quality. Expertise is provided in all indirect procurement categories that save clients the costs associated with
employing qualified staff or re-assigning existing staff to undertake projects. Working with clients in this manner allows them to concentrate on managing
and growing their respective business.
Our Cost Reduction Analysts provide a comprehensive report highlighting areas of cost reduction to lower overheads without compromising quality. The report
provides sufficient data to enable clients to make informed decisions during the review process. For the duration of the project we provide consultation and
advice, act as liaison between client and supplier to ensure the satisfactory implementation of new supply arrangements and provide ongoing compliance audits
and support on a regular basis.
Bloodstone’s overall objective is to ensure that the client gets best value for money in relation to the goods and services purchased while
ensuring the quality of those goods or services are maintained or improved. Additionally as we progress through the cost review process we work with clients to
establish category KPI’s where necessary and identify further potential process improvements, such as;
- Improved visibility and control over the costs incurred by each business unit, both locally and centrally.
- Establish regular supplier reviews, helping ensure that the benefits identified are maintained, and future opportunities are also identified.
- Streamline the ordering, invoice processing and invoice payment process.
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- Reduce the number of suppliers.
- Reduction in the number of transactions, and where applicable, automate the process.
- Auditing each and every transaction for compliance with contracted rates, saving internal staff processes
- Drive down operating costs and improve profitability.
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