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Alchemy Supply Chain
Management Ltd
Alchemy Supply Chain Management is an independent company that
specialises in the provision of sensible and sustainable Purchasing
and Supply Chain solutions.
We offer a bespoke, flexible and cost efficient service to each
individual client that is independent and honest and that involves the
client at each stage of an assignment. Our approach is very much
hands on and involves working closely with both internal and
external partners to convey concepts and ideas in a manner that will
inspire and motivate them to fulfil their potential, drive out costs,
maximise working capital and to deliver a tangible contribution to
bottom line profits.
We have been working with a number of leading
organisations to achieve tangible improvements and deliver
significant results in the following areas:-
 Strategic and Enabled Sourcing
 Cash & Working Capital Optimisation
 Category Management Implementation and Forensic
Analysis
 Procurement Process Improvement – P2P
 Tail Spend Management
 Risk Mitigation
 Training, Up Skilling, Mentoring
What Are Your Purchasing Critical Issues?
Client’s Need
 Incremental sustainable savings delivery.
 Short term access to skills, market & benchmark data. Challenge internal prejudices, support in
engaging with challenging stakeholders
 Move from price to cost focus.
Our Solution
 An innovative approach to savings/value improvement
 Worked closely with stakeholders throughout sourcing process, involving them at each stage.
 We embed in the client’s category team and provide leadership & programme focus as well as
delivering a structured skills transfer whilst delivering a category strategy.
 Can be tailored around client’s existing sourcing strategy & process
The Benefits
 Best in class savings.
 Accelerated delivery.
 Scalable level of resource, no increase in headcount.
 Reduced management time.
 Increased visibility of spend.
 Audited and tracked savings reported – Qualified and Quantified
 Rapid upskilling of procurement team who are measurably more focused and more motivated.
 Risk mitigation
Strategic and Enabled Sourcing
Client’s Need
 To move from tactical to strategic purchasing methodology
 To better understand and analysis spend data
 To engage with key stakeholders to deliver robust solutions that reflect the needs of the business
 To alter the internal relationship dynamics from ‘push’ to ‘pull’
 To deliver a sustainable total cost of purchase reduction strategy
Our Solution
 Delivered a data driven programme that highlights what is spent, with who, on what and why.
 Broke spend down in to market facing categories that reflect the operation of the business
 Produced a list of potential opportunities for cost and value improvements by spend category
 Worked closely with key stakeholders throughout sourcing process.
 Provided an industry proven structured strategy & process that is fully auditable
 Can be tailored around client’s existing sourcing strategy & process
The Benefits
 A targeted programme of savings through maximising purchasing spend
 Clear understanding and visibility of spend data through the development of ‘preferred/authorised’
supply partners
 Robust MI, KPIs and SLA to monitor performance and drive continuous improvement
 Improved engagement and functional interaction
 Risk Mitigation
Category Management Implementation
Client’s Need
 A full review of current processes, practices and procedures.
 Adherence and compliance to Procurement processes.
 Mapping of the P2P process.
 Alternative purchasing methods - Procurement Cards due diligence
Our Solution
 A full review and overhaul of processes, practices and procedures.
 Bridged gaps in compliance.
 Drove rigorous process adherence.
 Can be tailored around client’s existing sourcing strategy & process.
The Benefits
 Introduction of meaningful and reflective processes, practices and procedures.
 ‘Soft’ savings.
 Reduction in resources and possible re-allocation of headcount.
 Improvement in processes, including consolidated invoicing, EDI, P Cards
 Risk mitigation
Procurement Process Improvement
Client’s Need
 Adherence and improvement to payment terms.
 Suppliers to help fund their business.
 Stringent inventory management.
 Eradication of maverick spend.
 Purchasing Cards
Our Solution
 A flexible approach that can quickly adapt to changing business needs
 Introduction of Inventory Management tools & techniques – VMI, consignment stock
 Improved forecast planning – balancing lead times with WIP & cost of inventory
 Maximise company’s market positioning & strengths
 A robust suite of KPIs to monitor financial impact whilst driving continuous improvement
The Benefits
 Improved cash benefit through capital employed
 Reduced levels of inventory
 Introduction of Vendor Managed Inventory (VMI) initiatives
 Stronger trading relationships with strategic/key supply partners
 KPIs form a basis of a sustainable solution
 Audited and tracked savings reported.
 Risk Mitigation
Cash & Working Capital Optimisation
 Many companies view TSM as the process of addressing the 20% of spend that sits outside of their
established procurement programmes
 Tail Spend exists in all sized organisation in varying degrees. Traditionally viewed as only low value or
‘one off’ spend many businesses do not consider it to warrant attention.
 Tail Spend exists through a culmination of a number of inter-related issues.
 Low ROI – Resource v Reward
 Fallout of Purchasing Programmes
 Low Stakeholder Engagement
 Maverick/Fragmented Spend
 Poor P2P Processes
 Low Value/One Off spend
Our Solution
 We see TSM as the process that manages any spend that is unaddressed
 Through the use of online technology and spend analytics we develop a single point solution that can
be easily tailored to meet the changing need of the business
 This solution will be bespoke and will make it easier for the business to do business as well as
addressing the following:
 Risk Mitigation
 Control
 Drive P2P compliance
 Cost Savings
 MI
Tail Spend Management
 Vendor Boarding
 PQQ Process – sift wheat from chaff – willing partners
 Selection pool of prequalified suppliers – Risk Mitigation
 Shift of resource back to supplier – Soft saving
 Process compliance – P2P/Purchasing compliance
 Supplier Portal
 Preloaded deals – Cost savings/Ease of business
 Online catalogues/price lists – Pre-agreed deals
 Drive deal compliance – Cost saving/Cash Management
 Single point reference – Ease of business
 PCard programme - Cost saving/Cash Management
 Improved MI – Data capture
 Process improvement – P2P/Purchasing compliance
Tail Spend Management
For further information of our bespoke, flexible and cost efficient
services or if you just fancy an informal chat to talk about any
issues that you may be experiencing then please do not hesitate to
contact us.
Richard Biddulph – Managing Consultant
07545 251334

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Supply Chain Solutions Expert Helps Companies Reduce Costs

  • 2. Alchemy Supply Chain Management is an independent company that specialises in the provision of sensible and sustainable Purchasing and Supply Chain solutions. We offer a bespoke, flexible and cost efficient service to each individual client that is independent and honest and that involves the client at each stage of an assignment. Our approach is very much hands on and involves working closely with both internal and external partners to convey concepts and ideas in a manner that will inspire and motivate them to fulfil their potential, drive out costs, maximise working capital and to deliver a tangible contribution to bottom line profits.
  • 3. We have been working with a number of leading organisations to achieve tangible improvements and deliver significant results in the following areas:-  Strategic and Enabled Sourcing  Cash & Working Capital Optimisation  Category Management Implementation and Forensic Analysis  Procurement Process Improvement – P2P  Tail Spend Management  Risk Mitigation  Training, Up Skilling, Mentoring What Are Your Purchasing Critical Issues?
  • 4. Client’s Need  Incremental sustainable savings delivery.  Short term access to skills, market & benchmark data. Challenge internal prejudices, support in engaging with challenging stakeholders  Move from price to cost focus. Our Solution  An innovative approach to savings/value improvement  Worked closely with stakeholders throughout sourcing process, involving them at each stage.  We embed in the client’s category team and provide leadership & programme focus as well as delivering a structured skills transfer whilst delivering a category strategy.  Can be tailored around client’s existing sourcing strategy & process The Benefits  Best in class savings.  Accelerated delivery.  Scalable level of resource, no increase in headcount.  Reduced management time.  Increased visibility of spend.  Audited and tracked savings reported – Qualified and Quantified  Rapid upskilling of procurement team who are measurably more focused and more motivated.  Risk mitigation Strategic and Enabled Sourcing
  • 5. Client’s Need  To move from tactical to strategic purchasing methodology  To better understand and analysis spend data  To engage with key stakeholders to deliver robust solutions that reflect the needs of the business  To alter the internal relationship dynamics from ‘push’ to ‘pull’  To deliver a sustainable total cost of purchase reduction strategy Our Solution  Delivered a data driven programme that highlights what is spent, with who, on what and why.  Broke spend down in to market facing categories that reflect the operation of the business  Produced a list of potential opportunities for cost and value improvements by spend category  Worked closely with key stakeholders throughout sourcing process.  Provided an industry proven structured strategy & process that is fully auditable  Can be tailored around client’s existing sourcing strategy & process The Benefits  A targeted programme of savings through maximising purchasing spend  Clear understanding and visibility of spend data through the development of ‘preferred/authorised’ supply partners  Robust MI, KPIs and SLA to monitor performance and drive continuous improvement  Improved engagement and functional interaction  Risk Mitigation Category Management Implementation
  • 6. Client’s Need  A full review of current processes, practices and procedures.  Adherence and compliance to Procurement processes.  Mapping of the P2P process.  Alternative purchasing methods - Procurement Cards due diligence Our Solution  A full review and overhaul of processes, practices and procedures.  Bridged gaps in compliance.  Drove rigorous process adherence.  Can be tailored around client’s existing sourcing strategy & process. The Benefits  Introduction of meaningful and reflective processes, practices and procedures.  ‘Soft’ savings.  Reduction in resources and possible re-allocation of headcount.  Improvement in processes, including consolidated invoicing, EDI, P Cards  Risk mitigation Procurement Process Improvement
  • 7. Client’s Need  Adherence and improvement to payment terms.  Suppliers to help fund their business.  Stringent inventory management.  Eradication of maverick spend.  Purchasing Cards Our Solution  A flexible approach that can quickly adapt to changing business needs  Introduction of Inventory Management tools & techniques – VMI, consignment stock  Improved forecast planning – balancing lead times with WIP & cost of inventory  Maximise company’s market positioning & strengths  A robust suite of KPIs to monitor financial impact whilst driving continuous improvement The Benefits  Improved cash benefit through capital employed  Reduced levels of inventory  Introduction of Vendor Managed Inventory (VMI) initiatives  Stronger trading relationships with strategic/key supply partners  KPIs form a basis of a sustainable solution  Audited and tracked savings reported.  Risk Mitigation Cash & Working Capital Optimisation
  • 8.  Many companies view TSM as the process of addressing the 20% of spend that sits outside of their established procurement programmes  Tail Spend exists in all sized organisation in varying degrees. Traditionally viewed as only low value or ‘one off’ spend many businesses do not consider it to warrant attention.  Tail Spend exists through a culmination of a number of inter-related issues.  Low ROI – Resource v Reward  Fallout of Purchasing Programmes  Low Stakeholder Engagement  Maverick/Fragmented Spend  Poor P2P Processes  Low Value/One Off spend Our Solution  We see TSM as the process that manages any spend that is unaddressed  Through the use of online technology and spend analytics we develop a single point solution that can be easily tailored to meet the changing need of the business  This solution will be bespoke and will make it easier for the business to do business as well as addressing the following:  Risk Mitigation  Control  Drive P2P compliance  Cost Savings  MI Tail Spend Management
  • 9.  Vendor Boarding  PQQ Process – sift wheat from chaff – willing partners  Selection pool of prequalified suppliers – Risk Mitigation  Shift of resource back to supplier – Soft saving  Process compliance – P2P/Purchasing compliance  Supplier Portal  Preloaded deals – Cost savings/Ease of business  Online catalogues/price lists – Pre-agreed deals  Drive deal compliance – Cost saving/Cash Management  Single point reference – Ease of business  PCard programme - Cost saving/Cash Management  Improved MI – Data capture  Process improvement – P2P/Purchasing compliance Tail Spend Management
  • 10. For further information of our bespoke, flexible and cost efficient services or if you just fancy an informal chat to talk about any issues that you may be experiencing then please do not hesitate to contact us. Richard Biddulph – Managing Consultant 07545 251334