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  • Undertook a categorisation of all spend and developed sourcing strategies for all key categories
  • Worked with key stakeholders to deliver sustainable savings (40% better than forecast) through the implementation of a strategic sourcing process
  • Put in place a spend and savings tracking dashboard
  • Developed a procurement organisation structure; defined job titles and helped recruit the new procurement team
  • Delivered a series of strategic sourcing training workshops to help embed the team
10 steps to procurement excellence
Guide
10 steps to procurement excellence

The 10 stages that helped media business KNect365 take its procurement performance from ‘basic’ to world-class

KNect365: building a best-in-class Procurement function
Case study
KNect365: building a best-in-class Procurement function

How Knect365's new Procurement function signed off £5.8m in annualised savings in just six months

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