For the past thirty years, Robert Ferguson has held senior positions within the complex engineering and design industry for oil and gas installations around the world. He focused on project management, planning and scheduling, and cost management with major companies, including KBR, Inc. Now, he has joined Auditel, the UK’s pioneer of Strategic Cost Management, as a consultant.
Auditel began to lay the foundations of Strategic Cost Management in 2012. Extensive independent research was undertaken and together with leading business publication Management Today a survey was conducted. The results underlined the fact that there is a genuine lack of understanding in organisations between simple cost cutting exercises and strategic cost management.
Robert says: “The survey showed that cost reduction is just part of the process. You need a strategy in place to make sure that those costs are monitored on a regular basis. You need the right people, tools, knowledge and processes. Otherwise, you start to get price increases and your hard work comes to no avail, as costs come flooding back.”
To achieve this, Auditel has made it their mission to ensure that every facet of its cost management service is as effective as possible, for all sizes of organisations, in every industry sector and across all areas of business expenditure.
Robert adds: “Our Total Cost of Purchase® programme can reveal an unprecedented amount of ‘hidden’ cost management data quickly. This allows evidence-based, tailored solutions that really are a match for each individual organisation’s needs. By outsourcing an Auditel consultant, our clients benefit from an additional specialist member of their management team, without incurring any of the usual costs associated with in-house resources.
He concludes: “My extensive project and change management expertise enables me to deliver effective strategic cost management solutions to help your business improve efficiency and make valuable savings, while enabling you to focus on your core business activities.”