Strategic Procurement: Better Relationships, Better Service, Reduced Costs
The most effective commercial arrangements with your suppliers will nurture a business relationship that is sustainable and commercially beneficial to both parties in the long-term.
The most innovative are those where customer and supplier develop an efficient supply-chain of integrated systems and processes. Working with your suppliers in this way dramatically reduces your procurement process costs whilst ensuring quality and reliability of supply.
That’s what we mean by strategic procurement. Imagine having arrangements with your major suppliers that:
- Reduce the costs of the goods and services you purchase;
- Improve the quality of those goods and services you receive;
- Improve the reliability of supply from your suppliers;
- Reduce your procurement and supply-chain costs.
Optimal Supply-Chain and Cost-Efficiency
Strategic Procurement means transforming your procurement processes to achieve maximum cost-efficiency, to take the costs out of your business without affecting the quality of the products and services you receive from your suppliers.
Our best practice approach to strategic procurement includes:
- An analysis of your key costs and the drivers of those costs;
- Examining your current commercial agreements;
- Process mapping and costing of your current procurement processes;
- Design, process mapping and costing of recommended, optimised procurement processes, showing your immediate and ongoing cost-savings;
- Recommending a strategy for putting costs out to tender;
- Recommending a strategy for transforming procurement processes;
- Managing the tender process;
- Negotiating terms on behalf of the client for better prices, service levels, and to make the supplier part of your seamless supply-chain;
- Managing the implementation of your transformed procurement processes and reporting the cost-savings.
Outstanding Outcomes from Strategic Procurement
Strategic Procurement offers significant savings in your supply-chain costs and on your purchases, whilst improving the quality of service. Other benefits for your organisation include:
- Rationalising the number of suppliers you use;
- More accountability for service levels from your suppliers;
- Reliability of supply;
- Cost-savings from efficient supply-chain and procurement processes.
Calibre Business Integration will ensure your organisation implements best practice Strategic Procurement.