Procurement
Procurement plays a key role in helping organisations to reduce costs and capture efficiency savings.
Our experience shows that public and private sector organisations can deliver savings of up to 20% of their annual spend through:
- Cost Reduction - reduce the cost of products and services purchased from external suppliers through better 'fact-based, data-driven' procurement approaches and practices.
- Procurement Process Efficiency Savings - through assessment of current practices and processes we help clients to design and implement lean 'fit for purpose' procurement function.
We work collaboratively with our clients to drive these benefits through three propositions:
- Opportunity Assessment Diagnostic - identifies the savings - available through category specific analysis of external spend and assessment of current procurement practices
- Strategic Sourcing - delivers the savings - through a structured approach to market analysis, supplier evaluation, market tendering of spend, and implementing performance based contracts. Delivery of savings accelerated through the use of e-procurement tools.
- Strategic Procurement Advice - we support clients to identify and analytically assess their strategic options in procurement e.g. evaluating the cost/benefit aspects of outsourcing procurement.
For more information about Serco Procurement Consulting services, please contact us.