Procurement Strategies

A combination of economic uncertainty, sustaining the green agenda and globalization all serve to increase the complexity of the procurement function. In addition to these challenges organizations are looking to procurement professionals to reduce cost, increase revenues and drive market share.

The fact that procurement of goods and services typically accounts for over 60% of organisation spend makes clear the need for structured, standardized approaches that will deliver optimum value to the organization.

Standard approaches include benchmarking, low cost country sourcing, process and electronic system development, supplier contracts linked to performance combined with in-house structural changes to remove waste and costly activities.

Procurement Support Areas

  • Procurement audit – reviewing high cost areas of the business, identifying and prioritising cost reduction areas
  • Cost & Risk Reduction – development and implementation of key spend reduction projects
  • RFQ/RFP Strategy support and more – introducing management and lean techniques to improve overall supplier performance and value. Client engagements include the development of supplier contracts complete with growth/volume incentives, tendering, outsource development and agreements.
  • E-Procurement – provision of strategic advice and services from eAuctions to automation of purchase to order and pay processes.

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