Our Services
Our Services
Our services have been developed provide organisations of all sizes and levels of maturity with a solution to their needs. Our offerings are broken down into six distinct products:
On Demand – allows you to choose from a suite of procurement tools and offerings on an ad-hoc basis
Interim Plus – provides short term resource supported by benefits and consistency of an entire organisation
Agile Sourcing – provides you with the flexible resource and expertise to focus on specific high priority projects
Partnered Procurement – provides an end to end full procurement service
Procurement Led Innovation – raises the profile of Procurement through organisation and process optimisation, change management, knowledge transfer and accelerated savings delivery
Technology – a suite of technology solutions to optimise your procurement function
Built and delivered by procurement professionals
On Demand
Red Procurement has designed On Demand Procurement specifically for differing markets.
Small and medium sized companies – enables you to benefit from a range of procurement services on a pay as you go basis
Larger organisations – if you are looking for product, people, processes or systems to supplement or enhance your current procurement capability
Ad hoc services - to support any client with a one off requirement
Technology – for those companies who wish to utilise technology to complement their procurement activity
What you want when you want it
Interim Plus
Interim Plus is designed for companies who typically have a short term requirement for additional resource. It will benefit you if you have a lack of resource to deliver a specific project, no long term need for a fully resourced procurement function, additional experience or simply under-capacity.
This product gives you the same benefits as a typical interim or consulting engagement such as providing a flexible third party resource, specific expertise, project management and daily charge rates, but is an enhanced service because you also benefit from:
- Qualified category expertise utilising Red Procurement’s Sourcing Methodology
- Access to Red Procurement’s tools and processes such as spend diagnostics, market intelligence, benchmarking and knowledge management
- Technology solutions
- Dedicated Account Manager with responsibility for consistency of delivery
- Flawless execution with significantly more than one individual can offer
Fully supported flex-resource model
Agile Sourcing
Agile Sourcing has been designed with flexibility in mind. Our solution helps to address your procurement priorities either through the provision of additional expertise or a flexible resourcing model to deliver your short and medium term procurement objectives. Agile Sourcing is ideal for companies that:
- require expert category delivery
- have limited or no procurement function and therefore require accelerated savings delivery
- do not have enough expenditure to justify full time resource
- require advice on organisational design or process review
All of our projects are supported by subject matter experts and conducted in line with the Red Procurement Sourcing Methodology, all of which sits within an account management structure, ensuring programme governance and consistency of delivery.
Flexible expertise to enhance delivery
Partnered Procurement
This solution is designed for companies with significant third party spend which is currently unmanaged or only partially managed, or for those companies looking to insource expertise. Working in conjunction with your organisation, we offer a full end to end procurement service. We will partner with you to shape your procurement strategy and complement your business objectives, enabling you to achieve sustained cost reduction, risk management, supplier performance improvement and systems capability.
- Tailored to suit your requirements
- Fully integrated into your organisation
- Full category management conducted using Red Procurement’s proven methodology
- Deployed change management and stakeholder engagement
- Programme implementation including continuous improvement and supplier relationship management
- Long term savings delivery programme executed, maximising savings and benefits, and tracked to the bottom line
- Work alongside your current procurement team to deliver knowledge transfer
- Underpinned by latest suite of technology products
Collaborating for success
Procurement Led Innovation
Procurement can represent up to 60% of a company’s operating costs. No single organisation has all of the procurement resources in place for optimum procurement delivery. Procurement is the natural starting point for efficiency and savings programmes. Furthermore, it can be the platform for wider organisational and cultural change as part of a joined up people strategy and has the ability to fund the transformation journey.
Our Procurement Led Innovation proposition leverages people, process and technology to:
- Identify opportunities to accelerate cash to the bottom line
- Identify new opportunities for sustainable cost savings through procurement, process and innovation
- Provide a pilot change programme through a function that touches everyone looking to commit third party expenditure
- Guarantee a return on investment to allow funding for the wider business change agenda
Our solution can help you to raise the profile of your Procurement through organisation and process optimisation, change management, knowledge transfer and accelerated savings delivery.
Enabling and funding business change
Technology
Technology is becoming an increasingly important enabler for procurement to create efficiencies not only in sourcing activity, but in how it operates as a function. Red Procurement believes that value can be created by focusing its IT resources on developing tools which support these principles. We offer four technology products to underpin our services:
Streamline – an unrivalled project tracker developed with a specifically for procurement professionals; Streamline has the capability to plan, track, report and establish approval processes for procurement projects. It has been developed to incorporate the core functionality that is important in procurement projects, written in procurement language
Contracts Database – a single electronic repository to enable authoring, approval and storage of contracts whilst incorporating communication links, so that external updates to documents can be tracked and approved.
E-Sourcing – the capability to provide a range of services including auction programmes and e-RFX processes, supported where appropriate by a project team to drive the delivery
Benchmarking – market intelligence is key to successful procurement activity; we have developed a tool which provides a mechanism for building up quantitative and qualitative benchmarking data to provide insight across industries and categories. The tool provides web enabled output reports to help the organisation make informed decisions
Technology designed by procurement professionals