Strategic Procurement Consulting

Many organisations understand the need to undertake a strategic approach to procurement but find it difficult knowing where to begin. GSB has a suite of tools and services that can help your organisation deliver short term savings and longer term value through organisational change, process improvement and enhanced supplier relationships. Our services include:

• Spend analysis
• Procurement reviews
• Analysis of contract and supplier management structures
• eProcurement assessments
• Best practice benchmarking
• Opportunity assessment
• Procurement strategy formulation
• Procurement training
• Outsourced procurement
• Sustainable procurement
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Spend Analysis

Analysis of an organisation's total spend provides an understanding of where resources are being committed by the organisation, with which suppliers and through which channels. The mapping of procurement expenditure across all departments and branches identifies potential cost saving opportunities and helps formulate recommendations for change. Savings may be driven from consolidation, reduction in total spend or improvements in the purchase to pay process. Data analysis can also include master data cleansing with a tool especially developed by GSB. The tool identifies duplicate suppliers, cleanses and checks data for legitimacy, highlighting areas for improvement in the master creation and maintenance processes.

Procurement Reviews

A procurement review will baseline policies, practices, contracts, systems, precesses, spend and risk exposure. These can then be compared against best practice to highlight potential procurement risks and areas for improvement .

To assist clients in understanding their current procurement capability, GSB undertakes a detailed review of the existing procurement practices, structures and processes. A procurement review will baseline policies, practices, contracts, systems, processes, spend, and risk exposure. These can then be compared against best practice to highlight potential procurement risks and areas for improvement. Outcomes from a procurement review provide a baseline from which to develop an effective procurement strategy and establish a policy framework that will ensure better value for the organisation.

Analysis of Contract and Supplier Management Structures

A complete analysis of current supplier relationships, supply management processes and performance reporting, identifies opportunities for supplier rationalisation, consolidation of the requisition-to-payment process, and outsourcing of low risk, non-strategic spend categories.

E-Procurement Assessment

Understand how an electronic procurement solution may fit into your organisation through an assessment of existing procurement processes and technology structures. Identify business and system integration requirements that will enable the development of a full business case for implementing a technology based procurement solution. This will also include an e-readiness report where the ability (including culture) of the organisation is documented highlighting areas where either business or systems capability gaps may present a risk to a successful implementation.

Best Practice Benchmarking

A comparison between existing procurement activities and industry best practice. This analysis identifies opportunities and formulates an approach that will help move current procurement activities towards best practice.

Opportunity Assessment

Identification of savings opportunities based on best practice comparison outcomes and spend analysis. These opportunities may include specific category management approaches for core products and services, procurement automation, supplier rationalisation, process improvements, new policy and procedures and resource re-allocation.

Procurement Strategy Formulation

In order to deliver a roadmap for change, GSB will develop a robust procurement strategy that will move procurement activities towards best practice. Through our experience we can demonstrate that successful procurement strategies establish realistic business goals and objectives which will help drive procurement excellence. GSB will develop the necessary infrastructure required to ensure the effective implementation of new procurement strategies by formalising procurement policy and principles, purchasing parameters and staff guidelines. GSB will also outline step-by-step project and implementation plans to assist clients in undertaking any short-term or long-term improvement projects identified.

Procurement Training

Procurement staff in many organisations often lack the expertise and experience to complete their roles effectively. GSB can tailor seminars and training events to up skill internal procurement resources to better equip them to carry out their roles successfully and add value to their organisation. These can range from one-on-one mentoring through to classroom based training sessions.

Outsourced Procurement

GSB consultants can act as an extension of the organisation's procurement function by running competitive sourcing events on behalf of clients. This allows the client organisation to remain independent of the process and ensures a robust sourcing process is undertaken in accordance with best practice. GSB can also benchmark tender rates for a diverse range of clients by drawing on the extensive aggregated contracts data we maintain. GSB consultants have a wide range of category expertise and can also assist clients to negotiate, contract, and manage suppliers without committing additional internal resources.

Sustainable Procurement

Most organisations now have strategies in place for meeting sustainability goals. How these influence and alter the procurement process is not always obvious. GSB Category Managers and Consultants implement sustainable strategies as part of their day to day roles and are well versed in guiding organisations to achieve similar aims. Common to sustainable and procurement strategies is the underlying goal of reducing the resources required by the business and improving the efficient use of these resources.