Horizon Associates is a purchasing consultancy that helps firms reduce supplier costs and improve quality of goods and services purchased. They offer services including spend categorization, benefit tracking, procurement training, purchasing recruitment, cost recovery through invoice audits, reverse auctions, and automated tender evaluation to assess bids. Their typical approach involves analyzing a client's spending, developing a purchasing plan to achieve 5-10% savings without compromising quality, and helping deliver savings while transferring knowledge to in-house staff.
4. For many Organizations purchasing offers the opportunity for step change improvements in overall competitiveness... “ architects of value” Cost Cost Margin Margin Traditional Organization Competitive Edge Purchasing Focused Organization TraditionalSelling Price Real Market Price
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11. Recent Testimonials “ architects of value” “ With Horizon’s help you can restructure and refocus your purchasing department, clearly define tasks and objectives, introduce the appropriate purchasing and supply processes and develop the purchasing skill base of your team” Kim Godwin – Past CIPS President “ News has spread across the business and we are over subscribed for the last set of modules” Midland Heart
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16. Account managers who have successfully used the auction site have said: Benefits of Using a Reverse Auction The auction event is transparent , quickly concluded and delivers a complete audit trail within a secure and neutral environment. The emotion and negotiating hassle is taken out of the equation and invariably the price is the most competitive available “ architects of value” “ I found the Purchasing Auctions tool extremely easy to use and appreciated the guidance offered. We will definitely be using this valuable service again, especially as we saved 33% on our spend at our first auction! It is great to find a medium created by purchasers for purchasers. Thank you Purchasing Auctions!” Pauline Sumner, Peel Ports “ We were very impressed with the auction site. It is one of the best we have used. Easy to use , clear information and quick” Karen Hardy, Polestar
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Editor's Notes
Course Leader’s Notes Traditionally, companies used to take the cost of a product and add a margin to it to find a selling price in the market place. Nowadays, prices are fixed by what the highly competitive market place will stand. Therefore the way to maintain margins is to reduce costs.