Maine Pointe: Deriving Maximum Value out of Your Procurement Systems

“For every dollar saved in procurement and reinvested into the organization, $3 to $10 dollars of revenue is required to provide the same profit effect,” according to Maine Pointe’s Steven Bowen and Rex Clothier. That’s a compelling metric for companies considering efficiencies in their procurement, operations and logistics, where Maine Pointe’s Total Value Optimization™ (TVO) approach is known for driving EBITDA, cash, and service improvements. Unlike more generalist consulting firms, Maine Pointe specializes in breaking down functional silos and driving measurable value, not only in procurement, but also across logistics and operations, to deliver accelerated performance improvements across the supply chain.

Breaking through Functional Silos is Critical to Driving Value

Over the past 12 years, Maine Pointe’s unique TVO approach has delivered over $1 billion in measurable benefits to clients in 25+ countries. Steve Bowen says, “TVO is achieved by focusing on the whole supply chain and associated value streams throughout the organization, not just the buyers.” The cross-functional alignment approach identifies synergistic savings and added value benefits that Maine Pointe’s methodology can deliver. Focusing holistically on the critical interdependencies of procurement, logistics, operations, and planning functions, TVO aligns and integrates people, processes, and technology across traditional functional silos to deliver the best value to customers at the lowest cost to an organization.

Data Analytics is Critical to Driving Actionable Results

“In today’s business environment, Enterprise Resource Planning (ERP) systems dominate the landscape of business technology. ERPs tend to be heavily financially driven and often don’t provide all the tools needed for successful procurement management,” says Rex Clothier. “Maine Pointe uses its advanced data analytics capabilities to help clients gain insight into spend,” he added.