Provident Spend Management
Provident Spend Management has over 250 years of strategic procurement, supply chain, and consulting experience.
Provident Spend Management is a strategic purchasing services firm that focuses on working with manufacturers, especially Consumer Packaged Goods companies, on their Direct Materials (Packaging and Raw Materials – Ingredients and Chemicals), where the objective is to come alongside internal procurement groups and help them find ways to take costs out of those Direct Material categories.
We work alongside internal procurement teams to develop a strategic sourcing plan and marketing position that can be implemented and reach far beyond your next contract. We have the experience and resources to conduct a thorough analysis of suppliers based on the specific needs of your company. With over 20 years of experience in the CPG industry, Provident can help you reduce the cost of your direct spend department.
Strategic Sourcing is driven by reducing costs, as much as streamlining all aspects of your sourcing function. Our approach is dynamic and all-inclusive and starts with a spend analysis to ensure the benefit is more comprehensive and long-term than simply reducing expenses. Our team lives in the purchasing world daily. That up-to-the-minute insight is the kind of perspective our clients rely on to develop the right kind of supplier relationships, at the right price while improving quality and service.