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Procurement systems & processes are critical to ensuring efficient interactions with suppliers & within your organisation. Spend Solutions can help build, review or optimise your procurement systems to ensure they are fit-for-purpose, efficient, effective & value creating.
The areas that Spend Solutions can assist with include-
* Procurement strategy
* Organisational compliance
* Performance monitoring & optimisation
* Procurement frameworks
Having a clear organisational strategy for procurement, including positioning & engagement model is critical to procurement meeting organisational expectations. Spend Solutions can conduct a review of your organisation's procurement strategy to ensure that it is consistent with the organisation's strategy and has all the necessary resources, structure & tools to achieve its objectives.
Spend Solutions can work with your organisation to develop the right policies & procedures to help guide employee bahaviour, thereby minimising risk, reducing costs & improving compliance.
Having performance objectives for your procurement department & the supplier base it manages is important. Even more critical is have the tools to measure, monitor & manage that performance so that it meets organisational objectives.
Spend Solutions can work with key stakeholders to ensure clear, objective & measurable objectives are set, then establish a reporting mechanism that demonstrates performance against those objectives.
For challenging suppliers or departments, Spend Solutions can provide operational support to improve performance through development & implementation of a thorough, focused improvement plan.
Spend Solutions can develop a series of robust frameworks that provide organisational guidance, improve organisational effectiveness & reduce business risk. Some of the frameworks Spend Solutions can help develop include-
* Procurement framework.
* Contract management framework
* Supplier management framework
* Category management framework
* Go-to-market framework