Procurement and Logistics: What You Need to Know

4th July 2022

Here’s the key details you NEED to know about procurement and logistics

If you have questions about procurement and logistics, then you’re in the right place. At Hudson Procure, we aim to educate anyone we can about the procurement process. In turn, more organisations can see success.

In this blog, we will cover what procurement and logistics are and who can support you. We know the process can be difficult. So, stick around if you want to learn more about the help available to you.

What is procurement and logistics?

When it comes to procurement and logistics, there are some essentials to know. With procurement, there are different supply chain processes involved. This usually depends on the sector. For example, if you are procuring construction services, you’ll likely be needing to procure the materials too. Unless the construction service supplier is handling this themselves.

The logistics of these materials is important as it will dictate how smoothly the process runs. This will include the purchasing of these materials, replacement parts, and any other materials you may need for the job.

On top of the purchasing of materials, logistics also covers the storing, shipping, and organising of goods. You’ll need a well-managed process of moving materials to sites or warehouses, for example. Policies will need to be put in place by a Procurement Logistics Team. This will include terms and conditions and strategies to keep the cost of acquisition low.

Who can help you with procurement and logistics?

If you are worried you aren’t suited to handle procurement and logistics, then you should know that help is available.

Sourcing consulting firms have services to support your needs, whatever they may be. There are many benefits of choosing to work with them. Let’s look at some:

1.     Experienced industry experts

One of the biggest benefits of relying on services for procurement and logistics support is that they are industry experts. This means that they know exactly what they are doing. This is especially beneficial when you are new to the procurement industry or have little experience.

You’ll be able to find Procurement Consultants that specialise in a certain sector. This will help you to feel even more assured that your project is in the right hands. Whether they are specialists in your industry or not, however, they will still be able to support you. They understand how the process is conducted and any risks or challenges you could face. No matter the situation you find yourself in with procurement and logistics, they’ll have the advice and guidance you require.

2.     Save yourself time, money, and resources

When you outsource to an expert Consultant, you’ll actually be saving yourself time, money, and resources! Some businesses may wish to hire a Procurement Consultant inhouse. This can draw the process out a lot longer due to recruiting. Plus, it’ll cost you more to pay their salary than to outsource. Plus, if you are busy and don’t have the time, then it is okay. These experts will be handling the process on your behalf. So, you can continue with your usual responsibilities.

3.     Ensuring you are compliant

When it comes to any form of procurement, not just procurement and logistics, there are rules. Sourcing Specialists can ensure that you are compliant with all regulations. This helps you to avoid any unnecessary issues that could arise that you might not have seen coming.

4.     Can produce tender documents

The tendering process can be a challenge, especially producing tender documents for suppliers. You’ll need to give them as much information as possible about your project. It is crucial that these are completed properly for procurement and logistics purposes.

Summary

Here’s a summary of what we covered in our blog on procurement and logistics.

What is procurement and logistics?

With a lot of procurement, logistics are a part of the process. Procurement and logistics need to be handled with expert care. This is because it’s essential for the smooth running of the process.

Who can help you with procurement and logistics?

  1. Experienced industry experts

As they are experts, specialist Sourcing Consultants know exactly what they are doing. They can use their skills to ensure that your project is handled correctly on your behalf.

  1. Save yourself time, money, and resources

You’ll save yourself plenty of time and stress by turning to experts for help with procurement and logistics. You can continue with your usual responsibilities whilst they handle your project.

  1. Ensuring you are compliant

There are rules and regulations that need to be followed during the procurement process. Experts can help to ensure you follow these.

  1. Can produce tender documents

They can produce all the documents you will need when looking for suppliers.

Still got questions about procurement and logistics? Feel free to contact us to talk with our experts. We are always happy to help!

How can Hudson Procure help?

Procure Consult 

With Procure Consult, we offer support with tender management and ad-hoc procurement consultancy. Our expert team will manage the end-to-end procurement process or offer assistance with any stage, as and when required.

Procure Health Check 

With Procure Health Check, we’ll conduct a full review of the strategic and operational procurement processes within your organisation. We’ll identify the areas that need improvement and help you drive greater value from the procurement process.

Procure Analyse 

The purpose of Procure Analyse is to conduct a high-level analysis of your spending activity. We’ll help you understand your current strategic purchasing behaviour and highlight areas that can deliver greater value. Procure Analyse is also offered as part of Procure Health Check or as a standalone service. 

Procure Outsourcing  

With Procure Outsourcing, we deliver a range of procurement solutions on an outsourced basis, completely bespoke to you. This can range from delivering multiple tender projects as a package to delivering the full procurement function of your organisation. 

Procure Post 

Are you trying to find a supplier for your project? Post your tendering opportunity onto any of our 11 sector-specific portals for FREE with Procure Post!

Housed by our sister company, Hudson Discover, our portals host thousands of tendering opportunities for organisations of all sizesFor an additional cost, we’ll even help you identify your requirements and find the most suitable suppliers for your business.

Get in touch for a consultation and find out how we can help your business drive better value from procurement.

Check out our other blogs for further Procurement Insights:

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