At Vena, our Cost Optimisation methods are designed to deliver rapid, measurable savings across your addressable spend – without sacrificing quality or compliance. We target the most impactful and overlooked areas of spend through a proven methodology grounded in data analytics and strategic procurement approaches.
We focus on procurement practices that consistently yield double-digit savings across industries:
Approximately 20% of total spend is often unmanaged and dispersed across low-value, high-frequency purchases. We help consolidate and manage these transactions, delivering 5 – 10% savings within weeks.
Working with too many suppliers increases admin, reduces leverage, and drives up costs. Streamlining your supplier base by 20 – 30% can yield 7 – 12% in savings, while also improving compliance and delivery performance.
Many contracts underdeliver due to lack of follow-through. We help you track supplier performance, enforce key clauses, and manage risks, unlocking up to 42% more value from existing agreements.
We ensure your contracts reflect current market conditions. Organisations can expect 8 – 20% savings by re-tendering long-standing contracts or introducing competitive tension.
We apply structured, data-led sourcing strategies to your top 5 – 10 spend categories, maximising value beyond price through total-cost-of-ownership (TCO) models, rigorous risk analysis and market intelligence.
Many contracts underdeliver due to lack of follow-through. We help you track supplier performance, enforce key clauses, and manage risks, unlocking up to 42% more value from existing agreements.