Procurement Advisory Services
Overview
Procurement’s customers are becoming more efficient and expecting more. This poses a fresh set of challenges for the procurement function to identify more sources of value and support the business deliver on their strategic objectives. Speed remains the biggest hurdle for procurement as it transforms away from being compliance driven if it wants to better support the business into the future.
Our advisory services cover all areas of procurement and can focus on building your customer specific transformational roadmap across each key elements of the function: strategy, policy and processes, analytics, people, technology and value delivery.
Key Capabilities
End-to-End Operating Model
As customers become more efficient and expect more, there is a growing need for procurement leaders to review the execution capabilities of their procurement functions. When procurement operating models are developed in conjunction with the overall business objectives it becomes a highly effective partnership that can transform how third party spend is managed and deliver a competitive advantage.
Organisational Design
As a subset of an operating model, organisational design aligns design principles, the levels of centralisation and outsourcing. The functional delivery model guides the rest of organisational changes and is used to measure the success of a new and improved function. Our team facilitates highly productive and outcome-driven workshops to enable this alignment.
Diagnostics (Value, Process, Analytics, and P2P)
Diagnostics are a tool that primarily identifies, value, however it is also powerful in showing clients the range of opportunities that exist within their procurement function or within a specific category of spend. Our diagnostic methodology is a holistic review across the current state, assessing capability and performance by analysing data, reviewing spend and aligning with stakeholders.
Technology Diagnostics
Technology diagnostics are a subset of our diagnostics methodology where we focus on identifying opportunities in business’ systems and underlying processes. We aim to improve operational effectiveness and uncover the need for a strategic approach leveraging technology. We believe bespoke strategy is ideal, and our team is committed to developing this in collaboration with the procurement function.
Capability Assessment
We assess the capabilities at team and individual levels to tailor a development plan for the procurement function, which combines multiple competencies. This phase of strategic planning is crucial to improve performance as the employees are key in driving ongoing value delivery.
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