Targeted Cost Management

If there is an area of public expenditure that needs to be reduced or a supply base that is not delivering as intended, our Targeted Cost Optimisation service could be of benefit to you.

Starting with a preliminary diagnostic of the issue at hand, potential opportunities for cost optimisation and methods for achieving it, we’d then typically conduct a range of strategic sourcing activities coupled with supplier management techniques to reduce the cost in question or ensure it delivers better value for money.

FMA is well versed in delivering value in this area, having reviewed several major contracts on behalf of our clients that delivered:

• Better service quality;

• Significant savings; and

• Improved contractual terms