Private Equity
& Venture Capital

Strategic Sourcing Solutions and Operating Cost Reductions For The Agriculture Industry

Private Equity Portfolio Strategic Sourcing, Cost Reduction, & Procurement Transformation

Corcentric’s proven category management principles and flexible team of procurement experts help Private Equity firms and their portfolio companies reduce costs and improve operating margins.

Perhaps more than other types of companies, those in the Private Equity and Venture Capital spaces are under enormous pressure to increase valuation and EBITDA. As the savvy business professional knows, a dollar saved in Procurement has more bottom line impact than a dollar of sales – and that’s why Procurement and Strategic Sourcing organizations in Private Equity are often the first business units to be targeted.

But most Procurement and Strategic Sourcing teams are already lean and fully burdened – and reducing costs while also trying to meet customer demands, rationalize suppliers and services during M&A, or prepare for IPO creates a challenging situation. That’s where Corcentric’s private equity cost reduction experts can help.

With our extensive strategic sourcing and category management expertise, Corcentric provides Private Equity portfolio companies with the advisory support and strategic sourcing execution services to reduce costs, enhance Procurement’s performance, facilitate a Procurement Transformation, and deliver more value to the business:

Advisory Services

Our Procurement Experts are well-versed in Procurement Strategy, Policy Development, Organizational Benchmarking, Supplier Relationship Management, Supplier Diversity, Group Purchasing Organization (GPO) Strategies, Procurement Technology Design & Selection, and Metrics & Dashboarding

Strategic Sourcing Services

Spend Analysis, Opportunity Assessments, Sourcing Strategy Development, Category Orientation, Supplier Identification, Benchmarking, RFP Design, Bid Event Administration, Supplier Scorecarding, Negotiations, Contracting, Compliance/Auditing, and Savings Tracking

All these services are delivered by Corcentric’s diverse, flexible team of Strategic Sourcing and Procurement experts. Private equity companies and their subsidiaries routinely realize the following benefits from Corcentric’s strategic sourcing services:

3x or more ROI
Significantly decreased OPEX spending and increase in operational output
Increased market competitiveness
Access to innovation

Join Corcentric’s roster of industry-leading clients – and realize more value from Procurement across the Private Equity portfolio with Corcentric’s specialized category management solutions.

On-Demand Procurement and Strategic Sourcing for PE Firms

Corcentric’s flexible, responsive staffing model and team of cross-industry, cross-category experts provide Private Equity firms with various on-demand strategic sourcing and procurement advisory services, such as:

As new companies are acquired, Corcentric can perform Spend Analytics to identify cost reduction projects as well as opportunities to consolidate suppliers across companies
Across the portfolio, Corcentric can help develop a Co-Op or Group Purchasing Organization program for specific common spend categories
Corcentric can provide ad hoc advisory services as new sourcing requirements arise within portfolio companies

Contingency-Based Cost Reduction

Since 1992, Corcentric has offered procurement and sourcing organizations a completely risk-free cost reduction solution. We pioneered the model, and while other companies have tried to provide their clients with an equally risk-free way to reduce costs, none has succeeded. Our proven strategic sourcing process, practiced category managers, and proprietary databases allow us to sustainably reduce costs in every category for any kind of company. Our contingency-based cost reduction services are based on no upfront fees – only a percentage of the hard-dollar, realized savings.

Risk-Free Cost Reduction

Interim Chief Procurement Officer

A great organization has a great leader, and Procurement and Strategic Sourcing is no exception. But various scenarios around company culture, growth strategy, and operating models sometimes leave Procurement and Strategic Sourcing without a center-led governance model and a strong Procurement leader. Corcentric’s Interim CPO solution is the answer. With our decades of cross-industry experience and our extensive network of Procurement and Strategic Sourcing executives, Corcentric can provide the temporary support your organization needs to turn things around.

Interim CPO Solution