Do you have a Smart Procurement Organization that is strategically driving the business forward?
World class procurement teams are trusted advisors to the business, going beyond supplier cost reduction; they are strategic guides to the business. They drive innovation, manage the risks, propel quality, and lead company-wide economic recovery plans; in addition to cutting costs.
Helping you achieve world class and become a Procurement Next-Generation Organization, Our Approach:
We will begin by analyzing the maturity of your procurement function
We will identify gaps in each of the major procurement organization tenants
We will deliver the roadmap to achieve procurement excellence and inject the digital technology to accelerate the sourcing process and drive innovation.
We will work with your team to transform the organization, and its people, to release cash at speed, reduce cost, accelerate growth, track benefits, and achieve sustained financial and operating improvement.
Becoming a smart procurement organization: Digital Sourcing
Proudfoot and Scoutbee have partnered to bring you the only solution in the market that combines accelerated supplier sourcing and the implementation of world-class procurement solutions.
With our joint solution, you will immediately impact the first tenant of your procurement maturity plan, as identified by the world-class maturity assessment. Through our joint digital sourcing approach, we accelerate your path to Smart Procurement Maturity:
Smart Procurement Maturity
World-class procurement typical results:
Average supplier contract cost savings
Average spend reduction per category
Procurement office capacity release
More suppliers screened
Total procurement costs reduction
Listen and learn from the Procurement Leaders, featuring Proudfoot’s insights to end -to-end Procurement transformations.
Faced with declining production volume and growing competition, a leading German tier-1 automotive supplier needed to protect the operating margins at one of their key plants. Under pressure to improve results quickly, they engaged Proudfoot for a rapid assessment of their entire operation. Proudfoot not only revealed a path to dramatic gains in operational effectiveness but also significant cost savings in procurement of direct production material.
Scoutbee’s mission is to help the right purchasers and the right suppliers connect, anywhere in the world. Scoutbee delivers procurement teams a smarter supplier discovery suite. Powered by AI and continuously curated data, Scoutbee tracks millions of data points to bring together supplier information with deep insights and a simple, digital process for strategic sourcing. Founded in 2015 by procurement, operations and engineering experts, Scoutbee offers its strategic sourcing solution in Europe and in the US.
More details at https://scoutbee.com
Proudfoot is the world’s leading operational management consulting firm and is obsessed with delivering value to clients. We specialize in operational and digital transformation programs. Uniquely, we do this by building capability in your people and engaging them to deliver measurable results. We see consulting as an investment not a cost. With 30,000+ implementation and improvement projects under our belt, we are fanatical with delivering tangible results.
Learn more here.