Efficio's managed procurement service gives access to procurement expertise on demand, enabling you to deliver value to the business and realize bottom line improvement.
Many companies - from the long-established to the rapidly growing - face common challenges around strategy, people, process and technology that can prevent a step-change in procurement effectiveness.
Our managed procurement service (MPS) supports your procurement operations through technology deployment, interim resource augmentation and procurement transformation.
Unlike a conventional consultancy, Efficio takes responsibility for delivering agreed savings and improvements, while ensuring that skills and knowledge are transferred to and embedded in the host company.
Managed procurement service provides support options in the following areas:
- Resource capacity expertise: Enabling you to match resources and capabilities to peaks and troughs in procurement activity. These can be caused by factors such as major contract renewals, projects or changes in the marketplace.
- Speed and impact: Increasing capability by providing early access to benchmarks and best practices that can drive forward bottom line improvement.
- Tools and software: Giving access to specialist software solutions and procurement tools that would otherwise be too expensive or may only be needed rarely. We also ensure solutions are properly utilized, and maintenance and updates do not overstretch in-house IT resources.
- Implementation: Capability uplift and skills acquisition can involve ‘cultural’ changes which require a longer term approach. Efficio’s MPS offers support to companies introducing new procurement practices and helps to ensure benefits are sustained.
