We are business controllers, specialised in supplier conditions and sets of conditions. We apply our financial know-how to structurally improve your purchasing processes and results, rendering them manageable.
Over the past few years, the Recentes men have played an extremely important role for C1000, for instance in terms of supplier conditions and working capital control. I have grown to appreciate each and everyone of them as extremely dedicated, results-oriented and expert men. In other words, you can depend on Recentes!
Yvonne Tiberiusformerly Head of Business ControllingC1000 BV
A major intervention in the processes
A supermarket group
Forward Buying is a controversial retail concept. Buyers apply temporarily lower purchasing prices in order to accumulate extra stock; and stores often follow suit. Suppliers make attempts to counter the process, though often against better judgement. But what if the purchasing system could prevent Forward Buying in the future? How can you then safeguard the vital extra margin?
A leading retailer is to implement a new ERP system, which will have major consequences for those processes that place purchase orders with suppliers. From now on, the purchasing volumes will be more or less automatically calculated instead of being determined off the balance sheet.
This major intervention in the ordering processes may deprive retailers of great advantages, due to them no longer being able to buy stock at discounted prices. This system is referred to as “forward buying”: purchases made at discounted prices are partially sold at regular prices, thus generating extra margin.
The client requires assistance in calculating the old versus the new [...]
Following implementation of GRIP, the PartsPoint Group has taken a tremendous step forward in the management of our purchasing contracts and purchasing conditions. We now have insight into the status of our contracts and the expected (bonus) returns, at any given time. We are now more able to combine our purchasing values and to work towards achieving volume discounts. We also have more insight into credits not yet invoiced, allowing us to further improve our working capital. To summarise, GRIP not only gives us better control but also enables us to achieve better results!