To ensure the procurement function of your organisation is delivering at its full potential, Project Procure has developed a nine stage procurement capability assessment to:

• Identify what your organisation's capability level is through benchmarking against industry best practice
• Pinpoint areas for improvement to bridge any capability gaps and ensure better return on investment from the procurement function.

Many valuable lessons can be learnt by reviewing the performance of contracts. We can:

• Review existing contracts, including objectives and KPIs, to determine where negotiated benefits are met and where improvements could be implemented
• Develop strategies to improve low performing contracts e.g. contract renegotiation.

We can analyse your spend to ensure funds are being used efficiently and identify improvement areas by:

• Reviewing existing spend to identify opportunities and strategies to improve procurement outcomes and drive cost savings
• Using software to identify non-compliance and inconsistencies, review usage, specifications and sourcing
• Implement strategic sourcing where appropriate.

Negotiations can sometimes be a daunting process. Project Procure provides organisations with a methodology to approach negotiations and ensure business and project objectives are met. We can provide:

• Trade-off scenario preparation
• Commercial and financial modelling support 
• Preparation of negotiation position
• Advisory support to negotiation team
• Negotiation plans.
   

Risk management is essential to deliver successful procurement outcomes. We can assist with:

• Establishing the context
• Identifying risks
• Analysing, evaluating and treating risks
• Monitoring and reviewing risks
• Communicating risks with stakeholders.

To capture the benefits your procurement function is delivering to your organisation and to identify ways to improve procurement performance, Project Procure can develop a tailored procurement performance framework to:

• Enable procurement benefits to be captured and reported on
• Align the organisation with best practice procurement measures
• Set targets to improve the procurement function and introduce measures to assess improvement.