Procurement and Strategic Sourcing

Establishing strategic agreements with third party suppliers is a significant decision for any organisation that requires both considerable time and investment. 

Our services support you to make sure that business cases are well developed and well received. We can support you with the development of the complex business cases needed prior to investment including:

• Options analysis
• Financial modelling
• People impacts
• Investment calculations 
• Timelines

We offer an independent, 360° assessment of the maturity and design of your procurement function. This provides you with a robust assessment of your strategy, people, processes and technology.

Procurement teams are expected to deliver value beyond savings by supporting brand value, ESG targets, contract management and assurance, and supply chain resilience. This assessment will help drive your procurement capability forward, identifying areas for investment and development against best practice, so that procurement can continue to deliver a wide range of outcomes and move up the value chain of your organisation. 

Getting professional support for your tenders means that your business can give the third-party appointment the time and investment it needs and/or help to speed up the process. We can provide independent oversight and advice on your sourcing exercise and help you to mitigate risk in the appointment of suppliers.

Our team of seasoned procurements experts take a multidisciplinary approach throughout the process from business case through to contract award. Our procurement professionals can support your strategic sourcing requirements across a range of spend categories such as Technology, Marketing, Facilities management and concessions.

We will also help you assess operational effectiveness, financial risk, brand value and cultural fit, technology and information security during your tender exercises.

We expect a strategic cost review of third-party spend to deliver between 5%-10% of third-party indirect cost reduction. A third-party spend review is also a comprehensive way to gain better understand your spending with third parties so that you can drive better outcomes and value from these relationships.

We take a category-led approach to strategic cost review. We will align with your procurement function to review supply and demand levers across your spend, and understand the commercial relationships, activities and risks associated with any changes. 

Our approach is comprehensive from cost optimisation to rapid cost reduction or renegotiating supplier contracts as needed. Results can include a reduced indirect cost base, working capital improvements, greater third-party efficiency, supply chain transparency and improved third-party deals. 

Procurement risk is now far reaching and can include financial, people and reputational risk. These risks are becoming more acute as market conditions worsen. Effective procurement risk management that identifies, manages and mitigates risks is essential in today’s business environment to ensure supply chain resilience. 

Our professionals can help you to identify gaps in your procurement risk standard, close these gaps and develop your organisation's supply chain risk management for the future. 

Whether you are undertaking a strategic procurement process or trying to understand why a procurement process has had to be abandoned, we are able to provide you with the insights that will improve your processes. Our independent procurement assurance service will help you ensure that your procurement processes are effective and are being run properly.

This can be supplemented by our Contract and Commercial Risk Services team who provide independent assurance of your supply chain resilience throughout the contract lifecycle. 

We can help to develop robust and commercially effective delivery and commercial mechanisms in your most high value, complex contracts. Our commercial expertise brings independent challenge and rigour to your process as well as supporting you when you are entering into agreements for new services. We will review and challenge incentive and payment mechanisms, key performance indicators, milestones and delivery schedules.

Local Authorities, healthcare organisations and central government bodies budgets are under increasing pressure. The set-up and effective commercial management of income-generating contracts can create effective commercial income streams that supplement funding.

Our teams can help your organisation optimise your existing income as well as identify new income generating opportunities across your sites and estates. We can help you develop commercial strategies that generate income while balancing residential, cultural, environmental and stakeholder considerations. The right expertise and commercial acumen could unlock significant new income streams for your organisation without affecting its primary duties or risk profile. 

We can help your organisation with market engagement and opportunity exploration through to development of commercial mechanisms, stakeholder management and the delivery of tender exercises and sourcing activities.  

Sustainable procurement needs to be a key element of your plans to meet Environmental, Social Governance targets and your net-zero strategies which covers Scope 1,2 and 3 emissions. Staff, customers and stakeholders expect organisation to proactively improve their sustainability and will not tolerate ‘greenwashing.’

An effective Procurement Sustainability programme can create triple bottom line results - social, environmental and commercial whilst addressing your Scope 3 emissions. This will support you in becoming a more sustainable organisation..