Our Procurement Services
Most companies spend a significant proportion of their sales revenues on bought in goods and services. Reducing the cost of these by only a small amount could have the same impact on their bottom line as a much larger increase in sales.
This is where Deen Associates can help.
We can advise or assist you with respect to a one off procurement project, or work with you to review your current supply arrangements and procurement practices to see how you can improve them. For example, we may recommend that you focus your purchases through a reduced number of preferred suppliers, agree with your suppliers to hold or manage your inventory on your behalf, or introduce competitive tendering procedures. We may also advise you to automate your process(es), for example by implementing a Procurement Charge Card to pay for low value and one off purchases.
If we propose a solution that includes a recommendation that you recruit your own procurement professional(s), we can help you appoint a specialist recruitment agency and, if you wish, assist with the candidate selection.
We won’t charge you the earth for our procurement services. For clients within a 50 mile radius of our offices, including Central London, we charge an all inclusive daily rate which is less than half that which you would be quoted by some of the large procurement consultancies. Any mileage over and above 100 per day is charged at the HMRC rate of 40 pence per mile. Any accommodation is charged at cost.
We DO NOT enter into agreements in which any part of our fee is calculated based upon the savings we generate for you – frequently called “Gain Share” agreements. Our experience of these types of contractual arrangement is that they don’t work. They encourage the advising party to drive suppliers’ prices down to unsustainably low levels for their own short-term commercial gain - this at the expense of your primary objective, the development of long term, sustainable, “win-win” relationships between you and your suppliers.
Take a look at our case studies to find out how we have made a difference.
For more information on our procurement services Click Here to contact us.