A major British company, who we’ve worked with in the past, contacted us, as they needed to develop a sustainable and effective procurement function, as part of their on-going business plan for growth. We analysed their spend data, before meeting and interviewing the key stakeholders and budget holders to understand their procurement objectives.
We benchmarked against other similar companies and defined the key processes needed. From here, we developed an integrated approach from supplier selection through to supplier management. The next stages involved working with the sponsor in engaging his peers, so that we got full ‘buy in’ to the concept, and establishing a budget for managing and implementing this new structure. This was no mean feat; as the project involved hundreds of millions of pounds spend, so naturally it was vital that everyone was on board.