As a procurement professional with over 17 years experience it is very pleasing to see that the value of procurement is now recognised more widely within the SME community. Procurement Consultancy exists to provide reliable, professional advice to SMEs in order for them to operate their businesses more efficiently and achieve continued success.
Many Surrey based SMEs do not have the funding to support a full time procurement professional. A common assumption is that implementing best practice procurement within a business is an expensive process. There are a range of procurement support solutions available, some of which that do not even require a budget to start realising the benefits.
SMEs often find themselves committing to a product purchase or service contract that can cripple the business due to the purchaser not fully understanding the long term cost implications or the contractual terms that are being proposed by a supplier. Outsourced procurement can help customers to evade such risks, often providing access to preferential pricing via a proven value add supply network.
The procurement consultancy sector has continued to report significant growth and is viewed as a vital support tool for businesses that are keen to increase the value of their business to their customers. Communicating any new procurement initiatives and passing on some of the benefits that best practice procurement provides to your customers is a powerful customer retention technique.
Consider the removal of stress and uncertainty on purchasing decisions. Replace this with the knowledge and empowerment that an outsourced procurement support function can provide and you will move towards a more positive business outlook for the future. This will also upskill your work force to make informed purchasing decisons on their daily business requirements.
By managing your spending more strategically it enables you to focus on your own core business activities, safe in the knowledge that you are operating efficiently.
For more information on how you can implement these value added procurement activities into your own business, please feel free to reach out to me for some advice.
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