Kronos Group delivers millions of savings every year. But our value goes much beyond savings. All our consultants apply pragmatic and world class procurement best practices to enhance the overall procurement performance for their scope of activities: procurement partnering, supplier relationship management, performance management, risk management, contracting, data analysis and strategy.
Kronos Group’s Procurement Consultants have a strong expertise in both direct and indirect categories, covering up to 95% of our client’s expenses. Our resources have strong market knowledge and are open to innovation. All our Procurement Consultants are experienced in mature organizations and are at least bilingual. Our consultants can meet your needs from buyers, category managers and up to Procurement Managers/CPO’s.
Our best practices
Network: contracting Kronos Group gives you access to outstanding consultants on our payroll but also to our extensive network of thousands of top procurement professionals. Kronos Group is besides sponsor of the ABCAL, the Belgian Procurement Association.
Expertise: all our consultants are trained to the best procurement methodologies thanks to our Center of Excellence, continuous coaching, monthly business cases sessions and interactions with colleagues having expertise in all categories, procurement processes and sectors.
Beyond classical procurement: to deliver ambitious goals for our clients, our consultants need more than the best procurement expertise. Thanks to its Soft Skills Development Program as well as expertise in finance and project management, Kronos Group makes the difference in the development and approach of its consultants for the benefit of its clients.
New technologies are developing fast and are changing the game for every companies.
This is a unique opportunity for your procurement and finance organization to streamline your operations and redefine proactively your roles and responsibilities by shifting your focus to higher added value activities.
We support you to achieve the following objectives:
- Get spend visibility and develop actionable dashboards
- Implement best in class processes and automation
- Control your expenses and ensure compliance
- Reduce spend
- Develop a best in class organization delivering high value through partnering and advisory
Our teams will guide you through a 4 steps process:
1. Clarify your objectives
2. Assess the maturity of your organization as well as the strong and weak points thanks to our “360° assessment tool”
3. Design the appropriate improvement program for your organization (short, medium, long term)
4. Deliver our promise with tangible solution we implement with your teams
We deliver tangible solutions:
- Spend analytics and dashboards
- Sourcing optimization
- Contracts management
- P2P process efficiency and automation
- Supplier management
A strong partnership between Kronos and Ivalua, one of the 2 best IT solutions on the market for procurement and finance organizations.
Our teams have spent more than 6 months to analyze deeply the market and to test extensively the best solutions for you. We are convinced by the power of Ivalua and you?
Pragmatic approach: simple and efficient methodologies/tools.
Analytical capabilities: thanks to its expertise in finance, Kronos Group ensures the highest proficiency in data treatment, analysis and recommendation to support key initiatives.
Project management: Our consultants are trained to project management best practices which ensures: common view and objectives, clear deliverables step by step, right communication, clear roles and responsibilities as well as an efficient governance.
Most companies focus their cost optimization programs mainly on core-spend and tend to not cover at least 20% of their spend.
However, our experience demonstrates that significant savings can be made and a high value can be generated by enhancing the service level, changing consumption habits and bringing innovations.
Our company has developed a 7 steps methodology which has demonstrated superior outcome for our clients over the years. Our extensive benchmarking knowledge and category assessment tool allow to identify quickly where we will deliver the highest return for your company.
In addition, our pragmatic approach based on a broad experience ensure a fast delivery while involving clients to come up with superior solutions and validate critical milestones.
We have developed a high expertise in general expenses (non-exhaustive list):
- Utilities (gas, electricity, water)
- IT & Telecom
- Facilities (hard and soft)
With Kronos Group you will have “More for less”.
Our best practices
Realistic: at Kronos, we say what we do and we do what we say. We prefer to reach conservative targets rather than promise unreachable savings. In that way, our partner knows what to expect and are delighted to see our forecast becoming reality.
Custom made: each company is different. We therefore adapt ourselves to understand your company’s culture and include our actions into your company’s objectives and strategy.
Innovative: we are no cost killer. We provide a qualitative work combining savings, quality and new technologies available on the market.