Hewitt has been delivering savings from every area of our client's indirect expenditure—and not just in the more traditional areas such as stationery, facilities and IT. Some of the greatest savings we have made for clients come from procuring human resources, marketing, advertising, legal services and consultancy. And furthermore, we can do all of this from client sites anywhere in the world, with procurement specialists based in Europe, Asia and the Americas.

Companies spend on average between 10% and 50% of turnover on indirect or overhead-related goods and services in support of their business activities. Savings of 10% to 15% of this cost can be delivered direct to the bottom line. Good procurement practice therefore offers an opportunity to improve margins significantly without having to sell more units of product or service.

For example, if a company turns over $1 billion per annum and has indirect spend of $400m per annum, with professional procurement an additional $40m profit could be achieved.

Our business is to deliver these benefits on behalf of our clients.

Hewitt's Procurement Services

Hewitt's procurement specialists identify, plan, deliver and report on the tangible benefits received by our clients. We source and manage over half a billion dollars of expenditure on behalf of our clients and have negotiated in excess of 500 preferred supplier agreements. Typical savings can range from 5% up to 50% depending upon the type of goods or services bought.

Hewitt can help your company:

• Challenge accepted practice and change demand patterns—what you buy and how you buy it
• Obtain the buy-in you need from key stakeholders in the business to help effect these changes.
• Negotiate commercially beneficial contracts using your company's terms and conditions.
• Achieve a documented, auditable and transparent process by using our best practice operating framework.

What else makes Hewitt unique?

• People with not only specialist procurement skills but also strong influencing and change management skills.
• Our procurement framework and quality assurance process—ensuring that best practice sourcing activities are adopted and that global and regional knowledge is leveraged.
• Demonstrable real cost savings—our teams go to pain-staking lengths to make sure savings are tracked and visible within your organisation.
• Incentives to deliver—we are so confident in our ability to secure benefits for our clients that the size and speed of results are guaranteed.
• Fast access to guaranteed benefits through our pre-arranged agreements and our established infrastructure, including our e-procurement system.