Vendigital – Delivering Data-Led Accelerated Cost Transformation to Achieve Measurable and Sustainable Customer Success

The world is increasingly moving towards a product-enabled services model. Whether its global technology giants like Google and Microsoft or startups such as Freshworks or UrbanClap, most successful firms have rolled out products that solve customers’ problems in many ways. This trend has further gained pace with the rising adoption of subscription-based SaaS (Software-As-A-Service) model by enterprises as a cost-effective measure to pay as they use. In this perspective, companies have to continually innovate in the product space to stay relevant in the competitive technology market.

Vendigital is a management consulting company. It has expertise in operating strategy, procurement and supply chain, cost and value engineering, and portfolio management. Vendigital is ranked by the Financial Times in the UK’s Top 20 Leading Management Consultancies, and the highest ranked SME. The company has grown year on year, and today operates a network of offices across Europe, North America and Asia, as they partner organizations through periods of growth, disruption and change. In 2019, Livingbridge, the mid-market private equity firm, announced it had acquired a major shareholding in Vendigital, continuing to build on its position as a leading management consultancy, while growing its team and increasing its global footprint.

Providing Best Product Management Solutions and Services

Product Procurement: As most businesses’ reliance on effective procurement continues to increase, taking a data-driven approach to its management can deliver accelerated improvements in margins and provide considerable savings across the company. At Vendigital, they have a proven history in successful procurement management, having completed an extensive range of major procurement projects for key brands across multiple industries. With a specialist team, who has significant experience of leading procurement operations at the coal face, the company is dedicated to ensuring successful, long-term outcomes for clients. They work closely within the clients’ teams to implement the recommendations and put in place practical measures that accelerate cost transformation. In addition, they help clients sustain the benefits though structured handovers and coaching to upskill in-house teams and embedded technology solutions to enable ongoing cost savings to be achieved. Combining the multi-disciplinary consulting expertise with digital platform, Vendigital converts businesses’ unstructured data into actionable intelligence and identify opportunities to transform the clients’ cost bases – including through managing price volatility, payment term management and 3rd party cost optimization.

Supply Chain Management: Today’s supply chains have become hugely complex, with many moving parts that differ across industry sectors. At Vendigital they combine multi-disciplinary consulting expertise with their proprietary digital platform – through Insights360 methodology – to transform clients’ cost bases at pace and deliver benefits to their bottom line. The company has significant experience of delivering complex supply chain programs at the coal face, working with clients to both set the strategy and deliver the solution, consistently achieving measurable and sustainable outcomes. In addition, collaboration is at the heart of how they operate – they create genuine partnerships with their clients while building mutually beneficial relationships with suppliers.

Cost & Value Engineering: The company’s consultants work with businesses to provide another lens, beyond traditional procurement levers, through which to tackle cost challenges. Using a bottom-up approach, they support the process of aligning costs to strategy as well as optimizing the costs of current products and helping to shape future products – ensuring the benefits are maximized across the entire product lifecycle. The company combines cost and value engineering consulting and proprietary digital platform to help drive operational excellence by accurately modeling various scenarios, and using detailed cost analysis to underpin activity focused on re-basing a business. This approach has worked across multiple sectors for both simple and complex parts or assemblies as well as for services. Vendigital has experience with all facets of cost including CAPEX, total lifecycle costs, R&D and distributions costs. Additionally, they understand how market dynamics, legislation, changing consumer behavior and technological advances can affect demands on product design and add pressure to their lifecycle earnings.

The Leader Upfront

Roy Williams is the Chief Executive Officer of Vendigital. A Cambridge University masters graduate and Chartered Engineer; he brings 30 years’ of management experience on both sides of the Atlantic.

Prior to Vendigital, Roy was managing a business unit for a global automotive business. Roy also has many years as a management consultant specialising in cost reduction and profitability improvement.

“We work as part of your team to deliver quantifiable results – and, importantly, upskill in-house teams so that efficiencies can be achieved on an ongoing basis.”