SUCCESS STORY

∼15% cost base reduction

Driving savings & building capability in FMCG

  • Delivered above-target savings and improved procurement maturity

Outcomes

Cost reduction delivered

Average 15% across 16 categories

Stretch Target exceeded

Transparent in-year P&L savings signed-off by Finance

Enhance procurement capability

Established tools, processes and supplier-improvement governance

BACKGROUND

This leading UK cereal manufacturer engaged Procure4 as part of its growth strategy.

The aim was to deliver transparent, P&L-recognised savings across indirect spend while enhancing procurement capability and safeguarding operational standards.

the challenge

Procure4 was tasked with delivering rapid in-year value, raising the profile of procurement through strong stakeholder engagement and creating a long-term legacy of tools, data, and processes, all while maintaining high operational standards. As early work delivered results, the scope quickly expanded from professional fees to include logistics, facilities management, and marketing.

SOLUTION

To deliver rapid value while building long-term capability, P4 provided hands-on category support and procurement expertise.

  • Used data-driven category strategies and benchmarking to shape cost-reduction plans
  • Delivered support across 16 indirect categories where internal capacity was limited
  • Established cross-functional processes for specification and supplier-performance improvement
  • Embedded tools, reporting and governance to support ongoing procurement delivery

P4110

I cannot speak highly enough of Procure4.

Having tried to negotiate with the supplier and agree a reduction in their fees with only very modest success, I am in a position to confirm the advantage of having professionals like Procure4 involved in the process.

Chairman of Trustees

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