The brief to us was to coach and facilitate the development of Procurement Knowledge and Capabilities across the organisation whilst identifying $3.5 million in savings. A large component of the work dealt with both Change Management / Communication and Risk Management.
This organisation had no deep procurement expertise and/or tools and methodologies to assist in capturing all savings available with its supplier base. The overall review included data extraction and analysis, data cleansing, skills audit, development of tools and methodologies including policy documents, and personal assistance to all ‘procuring’ functions within the business.
Our team exceeded this client’s savings target and identified $9.8 million in bottom line improvement. We introduced a dedicated Procurement Officer who is now in charge of delivering against BvW Global recommendations.
“This project included the development of UML ‘Unified Modeling Language’ (as-is and to-be) process mapping including costing analysis with Activity Based Costing methodologies.”
In order to sustain the changes, BvW Global also developed the procurement governance model using Enterprise Reference Architecture principles which reviewed and recommended changes to approval mechanisms, business rules, segregation of duties, roles & responsibilities, and organisational structure.
This project included the development of UML ‘Unified Modeling Language’ (as-is and to-be) process mapping including costing analysis with Activity Based Costing methodologies.
Contact us for a review of your procurement capabilities and savings opportunity assessment.