- CASE STUDY
Identification of procurement improvements
This superannuation organisation was seeking to design a fit-for-purpose procurement operating model including team structure, roles and responsibilities, and governance model; As well as improve spend management practices through vendor and category management, and improve efficiency through the use of technology, processes and systems.
ArcBlue implemented its Procurement Diagnostic methodology, and team to:
- Review and analyse all existing documentation and data to establish a baseline of the current operations.
- Execute a series of cross-functional workshops and one-on-one interviews to establish actual current practices, pain points, and weaknesses.
- Develop multiple recommendations to improve outcomes whilst leveraging existing capability.
As a result, a new procurement organisational structure was designed which largely leveraged existing resourcing. The organisation gained support from the executive to support the new structure, simplified and lean procurement and contract management processes, and there were multiple recommendations made across all nine of the ArcBlue Procurement excellence dimensions including technology.
Whilst savings were not the main objective, estimated benefits of $4M were identified through the project.
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Need help to design your ‘roadmap for change’?
ArcBlue’s Procurement Diagnostic uses a structured process to assess current procurement activity and develop a roadmap that reveals opportunities to reduce cost, improve supplier performance and enhance the influence of strategic procurement across your organisation.
With the organisational strategy in mind, our team provides an assessment best practice procurement, then develops the findings into a detailed report containing recommendations, a business case and an implementation plan – effectively a playbook for your change program.
Find out how ArcBlue can help you
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