Ask4supplier
Procurement goes beyond cost reduction. Our service set focuses on value for money, mitigating risk and understanding the needs of stakeholders.
Procurement is viewed as a strategic function working to improve the organisation's profitability. Procurement is seen as helping to streamline processes, reduce raw material prices and costs, and identifying better sources of supply. In essence, helping to reduce the ‘bottom line’. Indeed, in many organisations the importance of procurement is recognised by having their head of procurement placed at an Executive Board level.
Procurement is a profit improvement tool and when valued as a core function or procurement business partner, similar to HR and finance, it will bolster the bottom line and enable organisations to grow and meet their strategic objectives.
Ask4supplier has brought together years of procurement knowledge and experience to screen the vendor and automate the vendor selection methodology, supporting the strategic sourcing of suppliers to achieve value for money & mitigate risk. We are equipped and committed to help business in navigate the complexity of procurement and understand the best practice of buying.
The maturity of your procurement function can be mapped against the value add procurement can deliver. Whilst all businesses are on a procurement journey, it is important to understand where you are, where you should be and how to get there with minimal cost and maximum benefit.
CLERICAL – Reactive measures in place for buying, no procurement lead or processes and sourcing activity undertaken by operational leads
COMMERCIAL – Tactical activity driven, standardisation being introduced and buying driven by stakeholder requirements
SUPPORTIVE – Dedicated procurement team, procurement policy and process embedded, and delivery supporting organisation’s key objectives
STRATEGIC – Collaborative sourcing process, in-life supplier and contract management, procurement function is core to the organisation