With over 25 years of procurement experience & having conducted hundreds of sourcing projects for targeted industries, Spend Solutions has market intelligence, industry knowledge, pricing benchmarks & project delivery experience that is unmatched. These competitive advantages form the basis of our value proposition to clients.
Many years of procurement experience plus millions of data points from previous projects means we understand exactly the best commercial terms available. We use that experience & knowledge to identify & negotiate the best possible commercial outcomes from suppliers.
Access to pricing benchmarks & intimate industry knowledge means we can identify savings opportunities quicker, while our deep procurement experience means opportunities for direct negotiations are quickly identified. Our robust procurement systems & extensive supplier industry knowledge means projects can be delivered in shorter lead times.
Use of latest analytics & many years of supply market experience results in a deep understanding of your purchased products & services. We utilise that data to develop reports & insights that assist clients with visibility, compliance & decision making.
With many years leading procurement teams, we are experts in developing strategies that identify & mitigate risk factors, across sourcing & systems implementation projects. Our robust procurement processes with inbuilt risk assessment procedures deliver solutions that optimise commercial outcomes while minimising risk for clients.
* No need to invest in additional headcount to deliver supply base improvements.
Outsourcing to a procurement services firm like Spend Solutions gives you access to a CPO level professional, without the needs to invest in a full time headcount, giving you the best of both worlds.
* On-demand services with fixed costs results in cost certainty & lower overall costs.
Our services are supplied on-demand, which allows you to select when & for how long you want the services performed. This flexibility, combined with fixed costs that are agreed upfront, gives price certainty, optimisation of services & lower overall costs.
* Better outcomes that managing internally.
A bit like doing your own taxes, yes its possible to get an employee in a functional area to moonlight doing procurement activity. However, how much are you leaving on the table in negotiations? What contract risks are you exposing yourself to? What risks may be discovered during project implementation? Using an experienced procurement professional will almost always lead to better sourcing outcomes.
* Free up internal resources to focus on what they were recruited for.
Reassigning procurement activity allows internal stakeholders to focus on the core responsibilities they were actually employed for, improving organisational effectiveness & output.
* Obtain greater insight into your supplier base.
Data is the new oil & supplier spend is no different. Combining a deep data set with latest data analytics turns data into information that can be used to ensure greater visibility & improved decision making within your business.
* Auditable, reliable, ethical results.
Projects conducted by Spend Solutions utilise the latest technology & best-in-class procurement processes. That combined with our independent, supplier-neutral market engagement processes results in outcomes that comply with internal & external governance requirements & are always conducted in the best interests of the client.
We’re passionate about procurement, which means every project is special to us. To ensure the right solution, delivered correctly with happy, engaged clients, Spend Solutions takes a focussed & structured approach to client engagement.
We engage with business stakeholders to truly understand your motivations & objectives, as well as the current obstacles to achieve them.
Utilising data & insights gained from internal stakeholders, we design a solution that exactly matches your objectives, clearly articulating actions, timing & deliverables.
A brilliant strategy is useless without proper execution. With an attention to detail of a military operation, we deliver a project on time, against targeted benchmarks while giving you clear, timely communication.
Once the project is implemented, we work with you to develop an ongoing program to ensure the project remains a success & the benefits stick.