Procurement Value Analysis

Understanding your third party expenditure is not just about the who, what, when and why of buying. It is about how to derive value from the knowledge that you have in your people, the types of markets and suppliers with which you engage and the trends and drivers in those markets. Smarter planning, market engagement, shaping and negotiation is the only way to deliver tangible results.

We collate your spend data into an easily understandable format and strengthen it, when required, with a full a ProClass classification service and contract analysis. You will then be ready to produce evidence based resource plans and business cases that command attention and improve outcomes.

How does it work?

Planning and Preparation

We will help you:

  • Agree what is ‘influenceable’ expenditure

  • Advise you on what information to extract and in what format

  • Help you promote the Value Analysis internally and encourage engagement

  • Resolve any queries, concerns or issues arising

We recommend that you nominate a senior sponsor to own and promote the Value Analysis.

Contact us for more information:

  • Procurement Value Analysis - £2,400

  • Procurement Value Analysis incl. ProClass - £4,500

During the Analysis

The analysis will take 2-3 weeks. We will:

  • Sense check that emerging numbers are in the right ballpark

  • Help to resolve anomalies and clarify data

  • Ensure that we are clear on your reporting priorities

We will analyse your spend and contract data identifying key suppliers, contract ownership and other metrics to help you get the most from the Value Analysis.

Post Analysis

We will help you get the most from the analysis and present the findings in context of your spend profile, including:•

  • Expenditure and transactional analysis

  • Contract visibility

  • Breakdowns by department and/or service area

  • Category analysis if you have asked us to map your data to ProClass

  • Supply positioning and optimum engagement analysis, again if you have ProClass mappings

Everything will be handed over to you in to ensure that you continue interrogating the formatted data on your own.

“This work has opened the door to management reporting on our commissioning and procurement activities on a level we never dreamed possible.”

Alec Pegram (Operations Director)
Aster Group