Regarding cost reduction of general expenses, Bridgewater several tools and methods to obtain concrete and non neglectable results.

• Optimization of the pruchase methods and cost management
• Specialized experts
• Specifications definition
• Request for proposal
• Zero based budgeting
• Negotiation and renegotiation
• Invoice errors
• Long term Cost monitoring

Our purchase advices are aimed to two type of clients:

• Private companies that need to make occasional purchase with no benchmark.

• For the public sector, where pruchase advice seems the most convenient way to answer to the specifics needs of the sector (specifications definition, tendering process)

More and more SME’s are searching advice concerning the management of their general expenses.

Most general expenses are only seldom analyzed by small enterprises. This has several reasons:

• There are other priorities for the company
• Small enterprises often don’t posses experience in these matters
• Companies are reluctant to change
• A comparative basis does not exist

For all these reasons, we decided to propose to CFO’s, procurement managers, accountants and entrepreneurs a training which focuses on the most important domains of the general expenses.

To tackle actual problems, this training is conceived as practical . The idea behind this approach is that participants can return to their company with a myriad of solutions, in order to efficiently reduce costs.

The details of this training:

• Place: Brussels, Antwerp, Namur et Liège
• Length: One day 9 a.m. - 4 p.m.
• Date: To be determined
• Themes touched upon: Energy, Insurance, Leasing, Telecommunication, Office supplies
• Methodology:
  • Understanding the different domains and drivers
  • Analysis tools
  • Supplier choice
  • Comparison of offers
  • Negotiation
  • Contract issues
  • Better management

If you would like to be informed of trainings in your region, please fill in the form below and we will contact you as soon as possible.

Bridgewater will organize in 2012 the European Cost Reduction Conference.

More information soon...

Project in development

The first edition is expected for 2012.