You may have heard of the term ‘Procurement Consultant‘, but are now wondering what they actually do, how they work and most importantly, how they can help your business.
In this blog, we will be covering these three questions to help you decide whether a procurement consultant is an asset that your business may need to consider!
A procurement consultant is an expert in the purchasing process. They are the buyer’s best ally — providing advice, conducting supplier market research, and analysing your costs and overall strategic/operational processes. They can manage the end-to-end procurement process on a buyer’s behalf or offer expertise at any stage needed.
At Hudson Procure, we provide all these services and more! Contact us here for more info!
Many businesses hire a procurement consultant to help their company research, create, and evaluate bids/tenders for goods and services. This usually includes aiding the business in creating tender documents, supporting through the entire process, and aiding with producing the final contract agreement and conducting potential negotiations.
They also advise businesses on how to plan for, optimise, and execute procurement processes. They can be involved in tracking competition, researching suppliers, understanding industry trends, and managing relationships with vendors.
If you’re on the fence about hiring a procurement consultant, you need to ask yourself the following questions. If you find yourself answering yes to any of these, it is wise to consider a procurement consultant when you are:
Ultimately, procurement consultants drive value into your business within the shortest possible time frame. They can help you lower costs, while providing you with procurement knowledge, analyse your spending and much more. Overall, they can transform the health of your business — delivering those all-important results so that you can see the evidence of hiring a consultant!
Want to read reviews straight from our clients? Take a look at our success stories!
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 at any stage, as and when required.
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.
The purpose of Procure Analyse is to conduct a high-level analysis of your spending activity. We’ll help you understand your current 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.
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.
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 sizes. For 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.
Top 10 Tips to Improve Your Supply Chain Management Improving your supply chain management is…Read More