▶️ How many procurement experts do you have in your business?

🥼The technical manager buying lab services

🦺The health & safety manager buying protective clothing & equipment

🛠The engineering manager responsible for the management of £5m of engineering spend

👨‍💼 The HR administrator buying office supplies…..

Unfortunately, in our experience, many businesses rely on budget holders to negotiate (or not!) critical deals, sign contractual agreements (if there are any!) and monitor the spend (?).

How can you reduce costs in your business when this is the buying practise? A fragmented practise which creates inefficiencies, duplication (in terms of products, suppliers, resource!) and ultimately increased costs. This, all before we get into the impact on carbon footprint with increased deliveries/sustainable practises discussion.

The ideal situation is to use your true procurement experts for all types of spend, not just spend relating to raw materials and packaging. Afterall, the principles relating to these types of spend, should be applied to ALL types of spend.