Transformation starts here.

Indirect Procurement Consulting

For almost 30 years, HRC Retail Advisory has consulted with retailers to achieve significant cost savings by transforming their indirect procurement strategy across all areas of indirect spend.

Retailers spend a significant amount of both capital and operating costs on indirect procurement of goods and services. This aspect of retail operations represents a very large, often untapped opportunity to improve earnings in both the short and long term.

HRC’s retail consultants are uniquely positioned to help retailers maximize efficiencies in indirect procurement. Collectively, our consultants possess decades of experience in retail indirect procurement strategy, processes, tactics, and implementation.

Our retail consulting team begins its work with a comprehensive assessment of each retailer’s indirect procurement spend, supplier contracts, current procurement processes, tools, metrics, reporting, and related performance. We partner directly with each client’s procurement function and cross-functional retail operations to drive meaningful savings and synergies through process improvement, and objective, fact-based vendor negotiations.

By creating visibility of, and accountability for, indirect procurement spend and understanding how the expenditure is spent and what the demand levers are, HRC’s retail consultants consistently achieve successful transformation of indirect procurement strategy.

We differentiate ourselves from other retail consulting firms by:

  • Working only in retail and as a seamless extension of each client’s team
  • Leveraging our retail experience and extensive pricing benchmarks
  • Focusing on data-driven and fact-based decision-making in indirect procurement strategy
  • Supporting our on-site retail consulting team with a dedicated in-house analytics group for complex scenario modeling and cost savings sensitivity analyses
  • Working with a high sense of urgency when rapid expense savings are needed, while strengthening the client’s business in the medium to long term

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End-to-end supply chain transformation