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Cost Optimization

PIR has over 20 years experience of running both complex and more straightforward cost optimization initiatives. The ability to take out cost is a central part of improving any margin. With experience of more than 1000 projects PIR has attacked a majority of spend categories and fine-tuned levers for each of these. Our methodology for cost optimization is not just an elevator pitch, you get practical solutions, feet on the ground, and both top- and bottom-line result.

Our Solutions for Cost Optimization

We have structured best-practice, benchmarks and lessons learned from our extensive project experience, hence ensuring that we deliver each project with accumulated knowledge, bespoke to our clients’ needs.

Cost Optimization Engagements

Insights in Cost Optimization

  • Insight

    Advanced Analytics

    One of the most important Procurement capabilities is analytics, from spend analysis to savings tracking, it enables the Procurement function to create transparency that ensures value capture and avoid value leakage. Advanced analytics should provide Procurement Done Right professionals with actionable insight and foresight.

  • Insight

    Cost Out – Value In

    A Procurement Done Right functions of today needs to balance the instituted cost focus with possibilities to leverage the supplier base to add value. A Category Management approach is a proven methodology to use for cross-functional teams to address spend categories with the objective to optimize cost. A more collaborative approach with Supplier Relationship Management is a great way to balance the cost focus with possibilities to drive improvements and encourage innovation.

Discover More Solutions


Sourcing Advisory

PIR supports clients in all stages of the sourcing lifecycle, from strategy, through design and sourcing, transition as well as reevaluation of existing positions and building own capabilities.


Legal Advisory

During our strategic sourcing process, we go all the way to ensure real supplier contracts. We utilize our intellectual property in form of contract templates to create bespoke client supplier contracts.


Procurement Transformation

PIR has extensive experience of transforming sourcing and procurement organizations on strategic, tactical and operational levels.