Consumer

Packaged

Goods

Procurement Consulting Services for Consumer Packaged Goods Companies

The industry experts at Dryden Group have extensive knowledge of consumer packaged goods businesses and similar distribution operations. We have helped some of the biggest names in the CPG arena improve their purchasing processes while securing the market's best pricing. We leverage our advanced procurement tools with years of purchasing data to create a tailor-made strategy unique to your operation.

Our comprehensive suite of CPG procurement services includes the following:

• Spend assessments: Dryden Group's spend assessments help improve supplier relationships, maximize efficiency and lower costs by collecting, categorizing and evaluating your procurement data.
• Procurement consulting services: Our procurement consulting services provide insights into your indirect spending to optimize your purchasing efficiency and maximize cost savings.
• Supplier relationship management: Dryden Group's supplier relationship management services evaluate your purchasing data and offer the insights needed to improve communication and strengthen vendor partnerships.
• Contract negotiations: Dryden Group's contract negotiation experts conduct industry comparisons against similar CPG operations, ensuring you receive the most beneficial payment terms and pricing structures.
• Procurement audits: Our detailed procurement audits evaluate each element of your indirect spending and recommend actions to reduce costs and increase efficiencies.
• RFP services: Our request for proposal (RFP) services enable you to select a vendor that best meets your supply requirements at the pricing points you need.
• Merger and acquisition services: For operations that recently merged or organizations with multiple facilities, Dryden Group's mergers and acquisition services combine the purchasing power of all entities to ensure a smooth transition, enhanced communication and increased cost savings.
• Benchmarking: Our benchmarking services leverage years of industry data and insight, comparing your pricing and payment terms to similar consumer packaged goods companies.
• Program optimization: Our program optimization strategies involve analyzing and adjusting your purchasing processes without completely overhauling them, from streamlining workflows and eliminating redundancies to forecasting market changes and improving supplier communication.

Advantages of Choosing Dryden Group for CPG Procurement Consulting Services

Securing the best prices and streamlining vendor relationships are critical for your organization's success. Dryden Group can work beside your full-time purchasing team to fine-tune existing processes, combining your company expertise with our innovative procurement strategies.

Additional advantages of choosing our consulting services include:

• Improving communication with your current supplier base.
• Identifying potential issues across your entire supply chain.
• Establishing productive relationships with newly qualified vendors.
• Creating optimized procurement strategies that increase your company's bottom line.

Case Studies

A Fortune 100 consumer goods company with an expiring contract chose Dryden Group to analyze the benefits of renewing the existing agreement against conducting a new RFP. Our team analyzed data from the previous contract to determine the best spending ratios while benchmarking pricing across the industry, resulting in $1.2 million in product savings, incentives and rebates. Explore more details of the case study for specifics.