Multiple Category Focus
When Darren Davies joined Inspectorate as UK Country Manager for their Metals and Mineral division in 2008, the economic downturn was just beginning to bite.
Keeping a tight grip on costs was understandably high on his agenda from the outset – and, in fact, the company is now spending an average of 25% less across a range of areas. However, the strategy for achieving these savings went far beyond simply driving down suppliers’ costs.
“When I joined Inspectorate,” says Davies, “the world economy was entering a very uncertain phase and I knew that a robust cost management programme would be a vital part of our strategy to ride out the downturn.
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“The review highlighted a number of improvements but the interesting thing was that they were as much about the way we were managing our procurement as they were about the actual cost of products and services.”