Procurement
For the past two decades Magnetic Controls has conducted large-scale, cost-reduction programs for telecom operators, equipment vendors, and service and media companies. We provide extensive capabilities in industry-specific spend categories, such as interconnection fees, handsets, network equipment sourcing, content rights, installation services, electronic components, and software product-embedded licenses. Our expertise in cross-industry spend categories includes transportation, information technology (IT), marketing sourcing, and general indirect categories. Because of margin pressures, we help companies innovate and find new supply sources for continual year-on-year impact. The value-in agenda: Realizing that squeezing costs cannot and should not be the only source of value from the external supply base, we work with our clients to develop new procurement approaches. This typically begins by looking at capabilities, rather than categories. We help clients strategize on a competitive portfolio of individual capabilities by addressing opportunities in make-or-buy, intellectual property (IP) protection, and product or service life cycles. By linking to the overall company strategy, we chart which capabilities should be externally leveraged and how. Our work results in concrete initiatives, such as joint-process improvements, leveraged innovation, and revenue sharing
ROSMA℠ provides a systematic drilldown to help identify and act on the underlying factors that can improve overall performance, while focusing on areas with the biggest financial impact.
Purchasing Chessboard identifies the basic strategies, approaches, and levers that will have the biggest impact on specific procurement categories, and offers insights into successful long-term strategies and industry game-changing moves.
Assessment of Excellence in Procurement (AEP) is our principle diagnostic tool for assessing procurement capabilities by providing an accurate picture of a company’s capabilities compared to peers.
Holistic Procurement Transformation (HPT) offers a framework to chart and manage transformation initiatives externally (suppliers) and internally (stakeholders and in-house customers).