If your looking for greater performance from your supplier base without needing to invest in additional headcount, then Spend Solutions is your solution. As Australia's leading outsourced procurement services provider, we help organisations obtain greater value from their supplier base, whether that be reducing costs, improving systems & processes, ensuring governance or improving supplier performance.
We apply over 25 years of procurement experience to provide outsourced procurement services that help organisations obtain greater value from their suppliers. Our range of procurement services includes-
* Savings opportunity analysis
* Tendering, contracting & negotiating
* Processes, systems & policies development
* Full outsourced procurement
Because of our industry expertise & experience we're able to identify opportunities that others can't, meaning greater value for clients-
• Deeper insights results in better decision making
* Larger benefits results in an improved P&L
* Quicker time frames results in more immediate benefits
Our services are supplied on-demand, which means you only pay for what you need, when you need it, resulting in lower costs & greater ROI.
We're supplier-agnostic, which means independent, unbiased solutions that are delivered to maximise outcomes from our clients.
During the first part of my career I was privileged to work for some of the world's best organisations in industries where procurement was a trusted internal partner. It wasn't until the later part of my career where I was exposed to several industries where having a procurement team was not standard practice. This observation was the genesis for Spend Solution; to provide outsourced procurement services to businesses & industries not historically used to using procurement, but which as a result provided the greatest opportunities for value creation.
Our mission is to demonstrate how procurement can fundamentally improve the customer/supplier relationship to lower costs, improve performance & lower risk. That mission is based on 2 simple principles-
1) A strong performing procurement professional will always deliver better sourcing outcomes than a functional stakeholder.
2) Outsourced procurement is a cost effective, low risk & flexible solution to obtain greater value from suppliers.
Read on to find out more about our philosophy.
The nexus between customers & suppliers is the traditional domain of procurement. This commercial interaction is easy to conduct but difficult to obtain true value from. Often, the difference between a transaction price & true value is hidden from view, only uncovered when something goes wrong or a deep dive analysis takes place. Think sneaky price increases, poor supplier performance & automatic contract extensions.
At Spend Solutions, we believe that procurement performs a critical function in preventing or closing that value gap. Through dedicated training, relevant experience, a modern procurement toolkit & a dedicated focus on the supplier commercial relationship, procurement is able to deliver solutions that alternative functions can't.
However, for some organisations establishing an internal procurement team is not an option, due to either cost constraints, variable workload or just lack of time. Outsourced procurement provides an alternative option for businesses to consider that gives the best of both worlds- the ability to obtain true value from their supplier base without having to invest in additional internal headcount.
We established Spend Solutions to demonstrate to the world the value procurement can add within organisations, but supplied under a model that was flexible & cost effective to provide a compelling value proposition.
Owner & Founder