The backbone of any Procurement strategy but often the activity that gets neglected due to the pressures of new supplier engagements or the need to focus on your high spend/high risk suppliers. We can provide an objective lens on your third party spend and give you valuable insight into what you are missing.
Engage
Opportunity analysis & contract review
What: A review of your current arrangements will identify overlaps, savings opportunities, risks & other commercial improvements. For a deeper dive, we can provide contract reviews by service or supplier.
How: Give us your third party spend, forecast, budgets and contracts. We’ll do the heavy lifting and make sense of the results.
Deliverables: A report with our findings & clear recommendations of how to deliver the benefit. Contract summaries in a standardised format.
Develop
Strategy & Planning
What: Working with you, we’ll help prioritise the supplier activity based on your criteria. If its quick wins you’re after or a longer term strategic view we can pull a plan together that will deliver business value.
How: Using the Opportunity Analysis output and/or contract summaries, all the while consulting with you & your stakeholders.
Deliverables: A strategy and action plan that addresses the opportunities and delivers the benefit in the right timeframe for you.
Extend
Benefits Delivery
What: Having completed the data analysis and planning we can help you realise the benefits too. Delivery is our middle name, we can own and lead the action plan or simply support alongside.
How: We can provide a fixed or flexible level of resource, selecting the right service model to get the job done.
Deliverables: We’ll help you realise the savings, opportunities and risk reductions identified thereby establishing a sustainable & value based supply chain.
IT Procurement sources new IT Services partner
Multiple engagements with IT Services providers for development, test and support services had left our customer with poor agreements, unwieldy supplier management and escalating costs whilst planning a migration to new technology. Supplier consolidation through a market review and a sustainable contract was required.
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Force majeure events impact project delivery
A significant capital investment program to expand the global distribution network of our customer was hit by a perfect storm of unexpected events that not only impacted their own organisation but also that of the third-party delivery partners.
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A toolkit to benefit the whole business
Having recently been divested from a larger parent company, our client’s Procurement Team was dealing with a multitude of challenges and a reduced team. One of the biggest issues were long-winded and complicated processes that were no longer fit for purpose for a smaller organisation.
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