ICIS purchasing advisory service


Our purchasing advisory service

The ICIS Purchasing Advisory Service utilizes extensive market intelligence, years of experience, and proven methods to drive improvements to your bottom line. It starts with a rigorous spend analysis to identify, quantify, and prioritize your opportunities; we call this filter and focus.

Next, we meet weekly, for one hour, with cross functional teams established in your organization to develop executable plans to realize the savings from the identified opportunities. Results are tracked by your accounting dept. to verify savings.

Once realized, we help identify ways that a portion of the savings can be used to improve your competitive position when quoting new business on the affected products, driving sales growth and improving the bottom line from two directions.

Why choose ICIS Purchasing Advisory Services?

– ICIS is a global leader in helping purchasing professionals
– ICIS purchasing advisory has saved customers over $100 million globally
– We help customers identify cost saving opportunities
– We understand markets and how they work

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ICIS purchasing advisory service presentation

Why choose ICIS consulting services?

Our approach
Solution-focussed, based on sound methodologies
Strategic, long-term customer relationships

Our people
Senior industry experts, not generic consultants
Average of 20 years’ experience per consultant

Our data
Upstream, midstream and downstream pricing data
Historical and forecast (1978 to 2050) supply and demand data

Our market commentary
Market coverage of over 180 commodities, across 160 countries
Global network of on-the-ground reporters, editors and analysts

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Meet the team

JAMES RAY – Senior Consultant
James has worked in the Plastics Industry for private equity firms in engineering, manufacturing, and sales. His recent focus has been in purchasing, where the bottom line is influenced the most, dealing with billions of dollars’ worth of products to drive millions of dollars in savings.
His focus was on improving profitability by:

– Reducing costs using market intelligence, cost modelling, benchmarking, Strategic planning, negotiations, lean manufacturing and Six Sigma.

– Improving competitive position from lowering cost, enabling increased sales growth.

– Establish purchasing contracts aligned with commercial contracts to reduce business risk from market volatility.

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