Contact Us: 07 4927 5433



Signup to OPTIMISE newsletter
* indicates required

Procurement Strategy

 

handshakeProcurement Strategy is one of the most critical areas within the logistics and supply chain management function as it is the direct avenue for an organisation to procure the goods, services and information it needs to serve its internal customers and external customers on time and within budget.

We assist organisations to improve the efficiency and effectiveness of the Procurement function from both strategic and operational perspectives, first by conducting a Procurement Audit then by assisting to address the risks, issues and opportunities identified during the audit, in order of priority.

Procurement Audit

The purpose of a Procurement Audit is to:

  • provide management with feedback regarding:
    • how effectively the organisation conforms with the requirements of its Procurement Policy
    • whether sound purchasing principles and practices are being maintained
    • level of adherence to the internal business control framework and required procedural documentation
  • educate and promote awareness of the requirements of the organisation's Procurement Policy and internal procedural documentation
  • review and evaluate current activities and identify the key issues and root causes potentially affecting audit compliance
  • develop recommendations to provide a sound framework for an appropriate compliance solution.

Improving the Strategic Supply Function

We assist organisations to:

  • understand the critical requirements for effective management of the Strategic Supply Function
  • implement strategic sourcing methodology to achieve significant spend savings and to rationalise the supplier base
  • establish a supplier performance management system that applies a strong focus on critical goods and services
  • ensure the availability of goods, services and information required by internal department and external customers
  • prioritise the monitoring of spend
  • maximise the value of supplier relationships
  • understand the role of Enterprise Resource Planning (ERP) systems
  • identify and replace manual supply processes with enabling technology.

Improving the Purchasing Function

We assist organisations to:

  • improve the supply of goods and services to increase the organisation's profitability
  • improve the management of the purchasing cycle
  • add value to the effectiveness and efficiency of the purchasing function
  • reduce purchasing cycle time
  • apply purchasing methods that match the purchasing process to the criticality and value of the goods and services needing to be procured
  • improve how goods, services and suppliers are sourced, evaluated and selected
  • measure and monitor supplier performance
  • enhance the importance of the purchasing and supply function
  • focus personnel attention to developing accurate and complete purchasing specifications.

For more information or to discuss, call 07 4927 5433 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it