What we deliver – Spend Analysis Service
Clarity over what you spend and with whom. Understanding this will identify savings that can be made.
How you will benefit
Allows you to identify savings. You will have better certainty of what you spend and with whom.
Allows you to monitor progress. An appropriate spend analysis plan also provides a baseline. From this, you can monitor your ongoing progress to ensure you are on track for savings.
The first step to understanding how to re-align your procurement department and purchasing strategy is to understand where your capital and revenue expenditure is going within the organisation and aligning this to the outcomes your organisation is trying to achieve.
We have evidence that, when organisations realign their outcomes, your organisation can sometimes end up being mis-aligned in terms of how it prioritises its expenditure. By collating and re-organising the spend data, we ‘slice and dice’ it to look at the analysis across a broad range of headings that we align to your outcomes. By analysing the data in this way, we often find that expenditure can be reduced, but at the same time improving your front line and back office services.
Once this exercise is completed, we often find that developing a procurement strategy around the outcomes and the result of the spend analysis actually delivers much better results. This increases on-going savings and provides significantly greater commercial leverage with vendors across a much greater range of services the organisation is engaged with.
Using OPTIMISE we work in collaboration with you to help transform your internal procurement function and improve departmental effectiveness and efficiency.
Spend Analysis is only one element of the BPG ‘Optimise’ method
Evidenced by over 500 complex relationships, it can be implemented quickly to improve service innovation and drive down BAU costs
Spend Analysis Great Practice
Experience of over 500 complex supplier relationships, means we can share great practice with you that really works.
Drive maximum value
This Spend Analysis helps support the 10 characteristics that drive maximum value in complex supplier relationships.
A brilliant project outcome
This is part of the ‘Optimise’ process; a proven method assuring a brilliant project outcome and an excellent supplier relationship.
5 steps to a great new relationship
See the 5 steps to making sure new complex supplier relationships work really well.
Clients that we support
Most of our clients are already highly experienced in complex supplier relationships. Click here to see how we help them take complex supplier relationships to the next level.