Good procurement within a transport and infrastructure setting is about so much more than price. It's about getting the right product, with the right level of quality, in the right place at the right time. Only by understanding the impact of all these factors can we select and work with the best suppliers to deliver whole business value.
Taking a total cost of ownership approach with a cross-functional team of design, production, logistics and procurement gives a true picture of costs in a business and allows us to identify significant, previously hidden opportunities. Our successful track record of reducing annual costs by over 10% spans projects in a range of spend categories, including raw materials, high grade fasteners, complex pumps, machines, equipment and logistics.
Newton's procurement team draw on broad industry and consultancy knowledge to deliver step-changes in cost and service levels, empowering our clients' teams to be more effective.