Services
Cost Optimisation & Strategic Sourcing
Delivering cost-reduction outcomes and strategic sourcing strategies using our multi-functional AI-enabled team.
Overview
The purpose of this service is to help clients optimise procurement spend and create value across their supply chain. Beacon Consulting designs tailored sourcing strategies, negotiates high-value deals, conducts total cost of ownership analyses, and implements supplier rationalisation plans. Our cross-functional teams combine AI-driven insights with expert oversight to ensure each engagement delivers measurable cost savings, improved efficiency, and reduced risk.
Key Offerings
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Sourcing strategy design
Development of sourcing plans aligned with client objectives and market conditions
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High-value deal negotiation
Cross-functional negotiation teams secure favourable commercial, legal and technical terms
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Total-cost-of-ownership analysis
Evaluation of life-cycle costs and identification of savings opportunities
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Supplier rationalisation
Consolidation and optimisation of supplier portfolios
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Benchmarking tools
AI-driven bid and risk analysis, market price indices and local benchmarking
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Outcome modelling
Identify and quantify cost-savings potential and risk mitigation
Our Team
Beacon Consulting deploys teams of procurement strategists, legal experts, finance analysts, and technical advisors to deliver end-to-end value across spend categories. Using a "pack hunting" approach, our experts coordinate sourcing strategies, negotiations, and supplier rationalisation to secure the best commercial outcomes.
Clients can engage us on a full outsourcing basis or for advisory support alongside their internal teams. Negotiation strategies are powered by AI-driven bid analysis, risk scoring, and market price benchmarking, with supplier performance and contract compliance data integrated via the LightHub platform to ensure decisions are accurate, timely, and focused on cost savings.
Outcomes & Benefits
Clients engaging Beacon for Cost Optimisation & Strategic Sourcing benefit from accelerated negotiations, mitigated risks, improved contract terms, innovation in commercial models and measurable cost savings. Our AI-assisted analytics and cross-functional expertise help reduce procurement risks, ensure consistent documentation, and free client teams to focus on strategic decisions.
The service is delivered via flexible engagement models, including full outsourcing, advisory support, and modular pricing options—fixed, output-based, or performance-based—tailored to client objectives.