
ChemicalIndustry Procurement
Choosing Dryden Group allows your chemical company to benefit from the industry's top procurement consulting strategies.
Chemical Industry
Procurement
Consulting
Services
Securing cost-effective pricing and obtaining the highest quality raw materials with on-time deliveries are critical to the success of every operation in the chemical industry. In recent years, fluctuations in the supply chain have created product shortages, forcing many of these operations to explore secondary vendor options. At Dryden Group, we help these companies enhance partnerships with new and existing vendors to maximize purchasing efficiencies, optimize communication and reduce overall costs.
Types of Procurement Consulting Services We Offer Companies in the Chemical Industry
Dryden Group has worked with many chemical processing companies and similar operations over the past several decades, helping them improve performance in each supply chain management process. Our experts understand the specific needs of the chemical industry sector, enabling us to develop customized approaches that align with each client's business goals.
Our comprehensive suite of procurement services includes the following:
- Procurement consulting: Choose from our innovative procurement consulting services to enhance your ordering processes, streamline vendor relations and reduce purchasing costs.
- Spend assessments: Dryden Group's spend assessments evaluate your indirect expenditures to identify potential cost savings and improve your current procurement strategies.
- Program optimization: Our program optimization services maximize your performance by streamlining workflows, improving vendor communication, eliminating redundancies and forecasting marketplace changes.
- Procurement audits: Our procurement audits gather all your purchasing data and analyze your indirect spending to identify potential areas of improvement and savings.
- Contract negotiations: Our contract negotiation team will work with your vendors to get an agreement on the most beneficial pricing and payment terms for your indirect expenditures.
- Benchmarking: Dryden Group's benchmarking services compare your pricing points and payment terms with similar companies in the chemical industry.
- Merger and acquisition services: Our mergers and acquisition strategies combine the purchasing power of all facilities in your organization to maximize cost savings.
- Supplier relationship management: Our supplier relationship management solutions strengthen your vendor partnerships by enhancing communication, monitoring for possible oversights and managing fluctuations in the supply chain.
- RFP services: Dryden Group's request for proposal (RFP) management services augment the entire RFP process, from inviting vendors and preparing itemized bidding lists to negotiating contracts and choosing the best proposals.
Advantages of Choosing Dryden Group as Your Chemical Procurement Consultant
Dryden Group has worked with some of the world's most recognized companies in the chemical industry, helping them improve their operations and reduce indirect spending costs. Regardless of your organization's size or operating budget, we can find ways to help you save money.
Our team is committed to understanding your operation and developing a tailor-made package for your needs. Whether you want to establish partnerships with new vendors or improve your relationship with an existing one, we can help you choose an optimized strategy.
Case Studies
After selecting Dryden Group to conduct a comprehensive bidding analysis, a client faced a 12-month lapse in auditing due to reorganization. Our team analyzed a year of spending data to audit the agreement, identifying compliance root causes and recognizing tactics that resulted in unauthorized price increases. Browse the complete case study to explore more details.
Discover More About Our Procurement Consulting Services for Chemical Companies
If you're ready to take the next step in improving your bottom line and maximizing your purchasing efficiencies, Dryden Group can help. Since 2001, we've led the way in delivering the market's most superior procurement consulting services across various applications, including many companies in the chemical industry. Connect with our team today to learn more.