Procurement Transformation

From strategy development to operational delivery, creating tangible outcomes while implementing leading technology solutions

Challenge

The customer had previously engaged a leading blue-chip consultancy, however they had recognised the need to deliver improved impact, service levels and commercial benefits to internal customers while maintaining current procurement operations at less cost and more quickly

Solution

Value Match redesigned the approach working in partnership with customer to deliver short and medium terms commercial and non-commercial outcomes:

  • Procurement, strategy processes and policies created
  • Designed and supported the approach to category management, which incorporated long-term strategic levers while identifying short term benefits
  • In 8 weeks implemented an interim spend analytics tools to create greater visibility and control pending the implementation medium term ERP solution
  • Capability building of the internal team with high impact practical interventions aligned
  • Monthly performance management regime created embedded within the function and within organisational governance and performance reporting structures
  • SRM programme commenced
Results
  1. Board endorsement of procurement strategy
  2. Business buy-in, engagement and sign-off on global category strategies
  3. Balanced scorecard performance management system implemented, with savings endorsed by Finance and relevant Business Units
  4. $M’s of savings realisation from short term projects and SRM commenced
For further information, contact Jo Parkes-Newton

T: 07590 266 515
E: Jo.Parkes-Newton@value-match.co.uk
W: www.value-match.co.uk