Case Study: procurement data analysis & cost optimization
- Linda LBD
- Feb 28
- 1 min read
Want to understand and reduce your spending? Discover how data-driven analysis can uncover hidden opportunities and drive significant savings.
With my expertise in cost analysis, I identify strategic levers, develop action plans, and help optimize your expenses.
Example 1: Reducing travel expenses without impacting business needs.
A growing company noticed that travel costs were increasing without real visibility on spending. After an expense analysis, we found that:
Flights and hotels were booked at the last minute, leading to higher prices.
Employees used different booking platforms, missing volume discounts.
Expense policies were unclear, leading to unnecessary upgrades and extra costs.
Solutions:
Established a clear travel policy. Setting booking rules, preferred vendors, and cost limits
Digitized the travel booking process. Using a centralized platform to track expenses in real time.
Negotiated contracts with airlines and hotels. Securing better rates for frequent travel.
Result: The company cut travel costs by 30%, streamlined approvals, and improved visibility on expenses without restricting essential business trips.
Example 2: A tech start-up optimizing small purchases
A growing tech start-up with a small team without a buyer. Each employee manages their own purchases, from office supplies to software and IT equipment.
What we discovered:
Employees order separately, leading to higher shipping fees and missed bulk discounts.
Office and IT supplies are bought ad-hoc, making costs unpredictable.
Unused software subscriptions keep auto-renewing, draining cash flow.
Result: By centralizing and planning these purchases, they cut costs by 25%, simplify ordering, and free up cash for growth.
👉 Ready to optimize your procurement strategy? Let’s discuss your challenges! Contact me at linda.lbdsolutions@gmail.com.
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