Revolutionizing Procurement for the Future
In leading organisations, procurement is a pivotal function driving success. With bought-in goods and services constituting up to 70% of an organisation's costs, optimizing procurement is essential. A refined procurement strategy directly boosts EBIT.
However, it isn’t straightforward. Companies increasingly rely on external suppliers for more and more business-critical services whilst supply-chains are complex and span the globe. The challenge is to optimise costs whilst taking environmental, social and governance standards to the next level. Procurement Excellence is the key lever for profitability, value creation and sustainability. It’s time to rethink procurement.
Elevating Procurement’s Impact in Modern Business: The New Purpose of Procurement
As the significance of procurement grows, it demands transformative changes. Beyond just managing costs, there's a need to proactively innovate, adapt to the environment, and embrace digital solutions. Suppliers are becoming partners, cost awareness is complemented by value generation, whilst supply chain resilience and sustainability become the driving forces. Procurement must reinvent itself. Breaking out of the old world. Taking on more responsibility, orchestrating the key processes, and offering sustainable solutions. With suppliers as partners and a shared vision for the big global issues.
With over 25 years of legacy, H&Z stands as a frontrunner in procurement. Our seasoned team is adept at navigating the contemporary challenges organizations encounter. We are committed to shape the future and new purpose of procurement, empowering our clients to unlock their full potential and achieve remarkable results.
These are our Procurement Awards
Procurement Pathfinder 2024
Read The Procurement Pathfinder 2024 and discover how H&Z can support your procurement transformation. Our expertise and innovative approaches are designed to help you deliver procurement excellence and drive sustainable growth.
Produced in partnership with The Procurement Initiative and the University of St. Gallen, the Pathfinder is designed to be your strategic guide to the multiple trends shaping modern procurement and an essential compass for navigating an increasingly complex space.
Delve into this essential resource and learn how H&Z can help you transform your procurement practices. With our deep expertise and forward-thinking strategies, we are committed to helping you achieve procurement excellence.
Our Comprehensive Procurement Services
Procurement Value Creation
Through a detailed 360° analysis, we assist clients in enhancing their procurement strategies, focusing on cost reduction and maximizing value across all direct and indirect spend categories. Our team of experienced procurement experts leverage 25 years of experience, deep supply market knowledge and specialist data analytic tools and approaches to thoroughly analyse spend, suppliers, commodity groups and products. We then craft bespoke value creation plans to identify short-term, medium-term, and long-term opportunities and work in partnership with our clients to deliver the benefits to the bottom-line.
Procurement Transformation
Globalization, sustainability, and digitalization are reshaping the world of procurement. On top of that, factors like growth, corporate acquisitions, or mergers can trigger the need to realign procurement functions. We help clients achieve Procurement Excellence.
Responsible Procurement
At H&Z, we recognize procurement as more than just cost optimization; it's a catalyst for transformative change in promoting sustainable and responsible global supply chains. In today's business landscape, driven by demands from consumers, investors, and stakeholders, along with an increasing legislative push, sustainability has become paramount. Yet, with scope 3 emissions constituting up to 75% of a company's greenhouse gas emissions, many organizations lack robust plans to achieve net-zero targets. We envision a revamped role for procurement, aligning it with sustainability aspirations. We champion this as "Responsible Procurement", empowering procurement divisions to not only contribute to business viability but also champion societal well-being and planetary health.
Procurement Digitalization
Technology is transforming procurement. Digitalization enhances efficiency and transparency, streamlines administrative tasks through automation, enhances sourcing impact, enables effective supplier and contract management and facilitates informed decision-making with advanced analytics.
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The Procurement Initiative
We founded The Procurement Initiative, to bring together the leading procurement thinkers from business, academia and management consulting, to find fresh answers to the most significant challenges in procurement.