Margins have been squeezed for many years. Falling commodity prices may have eased pressures but this is likely only to be temporary and the impact of long-term price commitments may squeeze margins further.
Consumer demand is changing rapidly and for the retailers, renewed cost focus will drive more competitive tenders and place more suppliers at risk as they drive changes through the supply chain.
Food manufacturers must look for operational efficiencies to protect their margins.
Procura can help food manufacturers;
- Identify, quantify and prioritise savings opportunities
- Achieve significant profit improvement through indirect spend procurement cost reduction
- Achieve significant profit improvement through specialist packaging cost reduction programmes
- Focus on core direct procurement whilst we professionally manage indirect category procurement through our managed service
We have a deep understanding of the sector challenges and supply markets.
Procura makes savings of £2m for food manufacturer:
Case Study here...
“Procura have taken responsibility for our indirect spend, augmenting my team and have driven out £2m of savings” Procurement Director, UK Chilled food manufacturer