Author Archives: Admin

What is Due Diligence?

Due Diligence is a formal phase of contract negotiation whereby both (or all) parties undertake a process to test and verify their understanding of the contract, risks, resources and commitments to be entered into. This will often include verification of … Continue reading

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Procurement Consultants

Procurement Consultants are not only hired to save money but are there to create value in the organisation.  We have various consultants that have been hired to make savings for the organization but more and more we are finding that … Continue reading

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Why use Procurement Consultants

Most companies almost certainly use outsourcing solutions, whether it’s IT, facilities management or even manufacturing services. But have you ever considered outsourcing procurement? As procurement consultants we constantly manage the sourcing and supply management for our clients. Fundamentally, outsourcing is … Continue reading

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New Year Procurement Management

Procurement Managers can help and with another year over, but more to the point a New Year is about to start! Now is the best time to get your company moving, with fresh ideas, smart objectives and positive attitudes to … Continue reading

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Help to differentiate between a consultant and a contractor

The contractor if someone or an organisation that contracted in by the organisation directly to carry out a specific job or task, for a predetermined fee or contract sum. They will also bring in on occasions sub-contract specialists in different … Continue reading

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what are the benefits of hiring a procurement consultant

The first thing I most beneficial is that the procurement consultants advice is totally confidential and unbiased. Our procurement consultant’s expert external experiences can be contracting in an ad hoc basis, giving the company a resource that can be expanded … Continue reading

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What is Purchasing?

What is Purchasing? The classic definition of purchasing defines the objectives as: To buy materials at the right quality, in the right quantity from the right source delivered to the right place at the right time, at the right price. … Continue reading

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Gas field deals boost employment

Contracts for the sixth largest gas field in the UK will create at least 12,000 jobs and pump £337 million into the domestic supply chain. In an announcement made last month, the fields phrases – GDF SUEZ, Centrica and Bayerngas … Continue reading

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“Tortuous” procurement rules stifle savings

The government needs to take the “fight” to Brussels and lobby for an increase in procurement threshold values to enable councils to make more savings through shared services and provide strong support for local firms. The local government Association (LGA) … Continue reading

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HMV boosts it client record

The procurement function at HMV has made significant savings by taking a strategic approach to purchase. The 2007, the HMV group decided it would develop a strategic centralised buying function. Paul Barker, Head of procurement told us:” We spent three … Continue reading

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