How Can Procurement Consultancy Help You?

“We can’t afford to hire consultants!” is a popular knee-jerk reaction to the thought of hiring an expert to cover a specific gap in the organisation.

But where and when does it make sense to bring in some external expertise to help you solve some of your challenges?

Allow me to put the case forward for bringing a Procurement consultant into your business.

Do you have a dedicated strategic Procurement team: people who understand strategy, risk and obtaining the best value from your spend (not the team that simply places purchase orders)?

If your answer is “no”, it’s likely that you’re missing out on getting better deals with suppliers, the additional value that suppliers can bring your business such as innovation, quicker lead time to market or ESG compliance, and you may well have a supply base that’s been arrived at by chance rather than design (and perhaps carries too much risk).

Instead of bringing in a Procurement contractor for a 6-month contract (which will undoubtedly help you, but will cost considerably more) consultants can support you for as little as 1-day, 1-day per week, 1-day per month – the permutations are endless, and this is a much more cost-effective approach.

They can be assigned specific tasks, for example, to prepare your team for an upcoming negotiation, run a workshop to generate cost reduction ideas, or advise on strategic sourcing options to address risk, cost or whatever else is important to you.

You’ll be leveraging their years of experience gained from multiple industry sectors, often from junior roles to senior management positions.

So, have I convinced you that a Procurement consultant could be the resource you need to solve your Procurement, supplier, cost or risk challenges?

If so, please get in touch for a chat to see how I can help you.