Procurement products
A comprehensive procurement strategy developed for your good or service
Risk assessment analyses the risk of the critical success factors not being achieved and how this risk will be treated through the scope of work, evaluation criteria, contract, KPIs or passed to the supplier.
The scope of work defines the what and how you are going to purchase the good or service.
Evaluation Criteria is how you are going to access the responses and the response schedules is how the companies are going to respond so you can access them.
Your scope of work is communicated to the market in a request for X-Document. This could be a Request for Tender, Request for Quote, Request for Proposal or Request for Expression of Interest.
Purchase the entire Source to Contract process including Procurement Strategy development, Risk Assessment, Scope of Work, Evaluation Criteria and RFX Document development. It also includes evaluation planning and facilitation of the evaluation process, recommendation and Contract formation.
To ensure probity and governance in your process we can facilitate the tender evaluation and develop an independent report on the outcome and recommendation.
Undertake spend analytics on your spend portfolio. With a Success Fee of 10% of total benefit gained by undertaking Spend Analytics.
A centralised and standardised method of supply chain management known as sourcing as a shared service (SaaSS) offers assistance and services to numerous business units inside an organisation. By utilising the combined purchasing power of the entire business, SaaSS aims to streamline the procurement process and increase the organization's cost effectiveness. The services provided by SaaSS typically include: 1. Strategic Sourcing 2. Category Management 3. Contract Management 4. Supplier Relationship Management 5. Cost Optimization 6. Technology Enablement 7. Process Optimization 8. People Capability Development The Engagement fee will include the overall spend management and Procurement transformation of a client and the whole engagement will run for a year. Number of consultants actively working on the project will depend upon the phase of the project and project scope itself. Success Fee: a. 10% of the total cost benefit obtained by running the transformation project with the client. b. Non cost aspects such as process efficiency, people capability, technology enablement will vary based on project scope.
A centralised and standardised method of supply chain management known as sourcing as a shared service (SaaSS) offers assistance and services to numerous business units inside an organisation. By utilising the combined purchasing power of the entire business, SaaSS aims to streamline the procurement process and increase the organization's cost effectiveness. The services provided by SaaSS typically include: 1. Strategic Sourcing 2. Category Management 3. Contract Management 4. Supplier Relationship Management 5. Cost Optimization 6. Technology Enablement 7. Process Optimization 8. People Capability Development The Engagement fee will include the overall spend management and Procurement transformation of a client and the whole engagement will run for a year. Number of consultants actively working on the project will depend upon the phase of the project and project scope itself. Success Fee: a. 10% of the total cost benefit obtained by running the transformation project with the client. b. Non cost aspects such as process efficiency, people capability, technology enablement will vary based on project scope.
The process of lowering the costs related to procurement operations, such as buying goods and services, while maintaining or raising the quality of the items and services acquired, is known as procurement cost optimization. The reduction of expenditures on procurement activities and an improvement in the organization's overall financial performance are the two main objectives of procurement cost optimization. The procurement cost optimization generally includes: 1. Spend Analysis 2. Category wise supplier Mapping 3. Kraljic Portfolio Matrix- analysis 4. Developing negotiation strategies with existing supplier 5. Alternate supplier exploration 6. Discussion with Subject Matter Experts for Value engineering themes Success Fee: 5% of the total cost benefit obtained by running the transformation project with the client.
When technology is used to support and enhance the procurement process, it is referred to as procurement technology enablement. Automating and streamlining procurement processes, improving data management, and increasing the overall effectiveness and efficiency of procurement operations are the main objectives of procurement technology enablement. The procurement cost optimization generally includes: 1. E-Procurement implementation 2. Procurement Analytics 3. Contract Management Software 4. Procurement KPIs 5. Control Tower setup
The ongoing enhancement of procurement-related operations with the aim of improving the procurement process' effectiveness and efficiency is referred to as procurement process optimization. Cost-cutting, minimising mistakes and delays, and improving overall procurement function performance are the goals of procurement process optimization. The Procurement Process Optimization includes: 1. As-Is analysis of the current Process 2. GAP Assessment and Should be Process Mapping 3. RACI Matrix development 4. To be process mapping in Visio
The process of strengthening the abilities and expertise of procurement professionals with the aim of improving the efficiency and effectiveness of the procurement function is referred to as procurement people capability development. The purpose of developing the skills and abilities of procurement professionals is to assist the ongoing development of the procurement processes and produce better outcomes. The Procurement People Capability includes: 1. Hands on session on spend Analytics 2. Procurement strategy development 3. Mock supplier Negotiation sessions and supplier relationship management 4. Preparation of negotiation plan 5. Basics of e sourcing 6. Procurement KPIs and control tower setup
