Evaluating Spend Control for Procurement Managers
The biggest challenge for most procurement managers is controlling the spending habits of the staff and ensuring that the nominated suppliers, products, services and prices are correctly used every time.
The primary objective of "Spend Control" is to enable organisations to reduce costs and increase productivity by taking control over the business buys goods and services.
Is this relevant to you? Try answering the following 7 questions before you decide.
Questions for Procurement Managers:
- Question 1: How valuable would it be to be able to fully control the buying habits of all the staff involved in purchasing so that they can only use your nominated supplier, products and services?
- Question 2: How much could you save the business if you had spending power equivalent to over £1b per annum?
- Question 3: How useful would it be to be provided daily with fully updated and automated catalogues from market leading suppliers, reflecting the lower prices achieved through the additional spending power?
- Question 4: How much would be saved if you had a fully automated contract management process that captured the renewal and termination dates for all term agreements and then provided timely, automated notifications to ensure alternative quotes were received prior to the termination date?
- Question 5: How much would you welcome access to external buying expertise that would provide current and specific domain expertise AND an alternative quotation on demand?
- Question 6: Would it be beneficial to achieve best value with minimal effort for the high volume, low value and non-strategic purchasing activity of the business at a lower price through leveraged purchasing, so you can concentrate on the important and strategic procurement?
- Question 7: What would be the value of being able to report on the savings you had achieved (potentially £100,000k per annum) together with a supplier performance analysis?
How much could you save the business?
Compleat would like the opportunity to quantify the savings potential we would deliver as we are confident that you will be very surprised.
Request a 15 minute a telephone call to find out more or book a free spend review meeting (at your offices) to quantify the potential costs, savings and ROI by filling in the form below.
You should expect the hard cash ROI to be between 4 and 12 months, after which the savings are just more money in the bank and improved profitability.
Is that worth an hour of two of your time?
Simply fill in the form below and discover how much you would save: