Unlike improvements in sales growth, 100% of savings generated from Procurement impact directly on a company’s bottom line. Whether this is as a consequence of a clear and cohesive strategy or perhaps as a result of some key strategic sourcing decisions, no matter it impacts the bottom line. What then are the key building blocks that underpin, supplement and support a company’s strategic Procurement framework.

RESCU Solutions suggest it will be a combination of activities both hard and soft guided, managed and measured under the strategic umbrella.

The hard elements will be that series of activities and decisions that shape your approach to each element of spend and shape the type of supply partner that is a right fit for your particular business and your business needs. For example:-

• The process of simply understanding where you spend your money and who you spend it with.

• To further segment this spend and formulate a specific strategy for each.

• The hard decisions around whether you should make, buy or outsource.

• To rationalise your supply base, to re-tender your current business, to bring in completely new suppliers.

• To re-structure within your organisation and that of your supply base to ensure there is harmony of objectives across both businesses.

We at RESCU Solutions will help you through what can be the toughest part.

RESCU Solutions also bring to you the softer but no less important elements that will ensure your strategic procurement path will be straight and help deliver those bottom line improvements.

• We can offer you a supplier selection, evaluation and entry process.

• We have the tools that will develop your suppliers to be an integral part of your business ensuring they underpin productivity improvements.

• We use appropriate tendering tools, be it traditional or e-enabled and indeed we can act as the resource that carries out the tender process.

• We can also provide instant access to an outsource solution for indirect goods and services.

• We can be the people who search and discover the new supply source.In addition, we can assist in improving your processes and develop policies that will ensure compliance with your strategic road map. The type of process improvement tools we bring vary from introduction of controls and authorisation levels through to a purchase to payment process to eliminate maverick spend, to general systems improvements an example of which might be the e-enabling of your in-bound supply process, your travel booking or your stationery ordering.

The policies which we develop can vary significantly from the complex, i.e. those aimed at your direct or indirect expenditure to something more straightforward like a travel policy where putting in rules and regulations are just as an important way of controlling your overheads than any other.