Supply Chain Issues and Logistics

Improving your cost of goods, margin structure and profitability requires close attention to supplier, vendor relations and contracting. The relationship you maintain and agreements you make with vendors (raw materials/packaging suppliers, contract manufacturers and transportation companies) will determine your ability to get the best price, minimize lead times, and reduce inventory costs. Peters Associates will assess the strengths, weaknesses and opportunities that exist in your current vendor relationships. Then, we'll work with you to establish proactive initiatives and programs designed to improve your cost of goods as well as the responsiveness and reliability of your vendor resources.

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Supplier Contracts and Negotiation

Pre-planning and preparedness are success keys to effective negotiation. Clearly defining your needs and understanding your strengths and disadvantages will make for more successful negotiations. Peters Associates will review your current contracts and help you assess opportunities and points for further negotiation. With many years of experience, we will also work side-by-side with you to negotiate the details of vendor contracts in order to maximize the benefits to you and your organization.

Cost Analysis and Improvements

Do you know the real costs to produce your products? Do you know your cost of sales? Knowing the answer to this question will help you determine which products need cost improvements, tie up the most capital, the most sales resources or become candidates for redesign or discontinuance. It is also essential to understand the relationship of indirect costs associated with a product such as inventory, transportation, marketing and other overhead. Peters Associates can advise you on how to assess your costs of goods, sales and help you identify opportunities for process improvement and increased profitability.

Assess

Strategize

Plan

Implement

Results