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Procurement Transformation

Efficio’s Procurement Transformation service delivers a step-change in your procurement performance in support of the business strategy.

We rapidly identify issues in your existing Procurement organisation, provide significant and sustained benefits delivery, and a pipeline for future procurement improvement through the adoption of best practice approaches to Strategic Sourcing, Supplier Relationship Management (SRM) and Category Management. 

Our Procurement Transformation experts help:

  • Recast the operating model and create common approaches and strategies across entities and countries, e.g. due to mergers and acquisitions
  • Align the organisation to Category Management
  • Introduce Strategic Sourcing approaches
  • Develop the skills base and drive active stakeholder engagement

Challenging the status quo

Efficio challenges the status quo with category strategies. We ensure advanced sourcing levers are used when developing sourcing approaches to drive innovation in procurement, and we know how to develop an efficient supply market. 

Our team will demonstrate how to change from tactical purchasing to commercial Category Management, and we provide you with the tools and techniques to conduct powerful analytics.

Efficio is committed to driving skills and organisational improvement. We always tailor training plans to your business needs, enabling you to adopt best in class approaches, methodologies and Category Management strategies that deliver ongoing benefits to your organisation. 

Our expertise

Efficio has enabled Procurement Transformation across most sectors and multiple geographies, and clients include National Grid (benefits of over £200 million in three years), Coca-Cola, Galderma, a shared services organisation across four UK police forces, and many more.

 

A recipe for success: Enabling accelerated growth at MEC3
Case study
A recipe for success: Enabling accelerated growth at MEC3

MEC3 had ambitious plans to grow its presence in the specialty ingredients market through new acquisitions.Efficio delivered immediate savings to support MEC3’s growth strategy – while transforming their entire approach to procurement.

Tomorrow’s procurement operating models
Insight
Tomorrow’s procurement operating models

The procurement function can become twice as effective through a procurement operating model that achieves the right mix of technology, insights and expertise - assuring the optimal interaction between these and the people is the human factor.

Fast-tracking procurement transformation at Prisma Medios de Pago
Case study
Fast-tracking procurement transformation at Prisma Medios de Pago

Following a large private equity deal, Efficio supported the transformation at Prisma Medios de Pago, after its acquisition. Read More.

Next-level procurement
Insight
Next-level procurement

A Masterclass in harnessing the power of insights, technology and expertise.

Digital procurement: an overview of geographical differences
Insight
Digital procurement: an overview of geographical differences

Where procurement functions are now, and where they are heading, particularly in terms of digital transformation, how businesses are using technology to enhance their processes, and the barriers to technology delivering the expected benefits.

First-class procurement
Insight
First-class procurement

In a supplement produced by Supply Chain Digital, KAUST speaks about Efficio's work

VIDEO: The CFO's role in unlocking the value in procurement
Video
VIDEO: The CFO's role in unlocking the value in procurement

As part of 'The Future of the CFO' series published by Business Reporter, Alex Klein, COO of Efficio and Carl Barnes, CFO of the Academic Publishing division at Informa discuss the role of the CFO in unlocking the value of procurement.

WANTED: Proactive CFO to optimise procurement and drive cost savings
Insight
WANTED: Proactive CFO to optimise procurement and drive cost savings

Maximising profitability, reducing costs and managing financial risks are key to the role of the CFO. Yet some CFOs are missing savings opportunities.