For organisations maintaining housing stock with in-house operatives, building materials can be a significant category of expenditure. Many organisations buy hundreds, if not thousands of different product lines and monitoring the cost of these materials is a challenge.
The Procurement Partners manage an extensive database of building materials prices from the UK’s leading materials suppliers. This access to vital market information allows us to demonstrate how the client’s rates for the materials purchased from their supply-chain compares to peers.
The output of a TPP benchmark exercise is a summary of the client’s price performance in comparison to the wider market. Any products that are driving significant cost variation to benchmark levels are identified, with the overall summary providing a comprehensive breakdown of category performance to allow targeted improvements with the supply-chain partner.
Dependent on the quality of information available TPP can also analyse and provide guidance regarding the range of products purchased, including opportunities for potential value engineering. TPP can identify more suitable core range profiles to increase product standardisation helping to drive operative efficiency and help clients put in place the foundations for effective van-stock management.
TPP’s consultancy team have a wealth of experience in materials procurement for the housing sector, extending over the last decade. As a result we’ve built long-standing relationship with the leading suppliers, all of whom are happy to participate and contribute to a TPP led materials benchmarking project.
For more information on how a TPP materials benchmark project could benefit your organisation please contact the team.