SUCCESS STORY
Average 15% cost base reduction
Driving Transparent Savings & Capability Building in FMCG
- Indirect cost base reduction program delivered above-target savings and improved procurement maturity
Outcomes
Average 15% Cost Base Reduction
Savings delivered across 16 indirect categories
Exceeded Stretch Target
Transparent in-year P&L savings signed off by Finance
Enhanced Procurement Capability
Established tools, processes, and supplier-improvement governance
BACKGROUND
A leading UK cereal manufacturer exporting to over 80 countries engaged Procure4 as part of its Focus for Growth strategy.
The aim was to deliver transparent, P&L-recognized 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
“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. I cannot speak highly enough of them.”
Chairman of Trustees