Procurement & Sourcing Strategy
Our objective will be to develop and design sustainable strategies as an approach to market that will be best suit your procurement business needs and requirements. 3D will work closely with your business to understand your goals and objectives in order to build and execute a strategy that delivers a sustainable result. In building your strategy, 3D will collaboratively develop: A definition of your requirements A supplier marketplace analysis A supplier selection process Contract negotiation and preferred supplier(s) appointment
Category Management Strategy
Direct & Indirect 3D will work with your business to identify proposed or existing key direct and indirect expenditure categories. We will then develop a Category Management plan that will enable your business to proactively manage each category stream ensuring that the supplier arrangements put in place deliver the maximum benefit during the life span of the relationship. 3D Procurement will develop a process for: Supplier development Benchmarking Compliance Performance management Category Plan Implementation
Spend Analytics
The consolidation and classification of your company’s spend will lead to a more informed sourcing and business decision making environment saving you money and removing business risk. 3D Procurement will develop a process for: Spend analyses and classification Identify supplier rationalisation opportunities Contract and preferred supplier compliance Increasing negotiation leverage by increasing spend under management
Expense Management & Procure-to-Pay Analysis
Expense Management automation is the means by which an organisation can significantly reduce transaction costs and improve visibility of business expenses. 3D Procurement Solutions will review your current EMS and Procure-to-Pay (P2P) processes and make recommendations to improve your program in order to achieve: A tool kit that best satisfied your business’s EMS & P2P requirements Compliance with internal policies and regulatory body guidelines Cost reduction by reducing processing and auditing costs associated with expense claims Improved cash flow and process improvement Increased employee productivity by reducing time spent by employees processing their expense claims
Tender Support & Development (RFx)
Whether writing or responding to Requests for Proposals / Tenders, 3D can assist your business by developing an efficient and effective approach to: Planning and organising the RF(x) initiative Outlining each section of the document Developing a suitable specification and statement of requirements Setting realistic expectations for the supplier market Selecting and screening an appropriate list of suppliers Developing objective evaluation criteria for selecting the best solution Preparing for post-RF(x) activities (inc. site visits, reference checking, implementation timelines, and SMART KPI’s)
Contract Lifecycle Management
Contracts are an essential component to any business’s commercial relationships. However it is the capability of your business to efficiently manage the lifecycle of a contract in order to maximise financial and operational performance along with minimising risk. The effective management of the contract compliance process will ensure delivery of the value and returns negotiated by your sourcing team. 3D will work with your business to develop contract management lifecycle processes and procedures in support of your procurement and sourcing objectives. The benefits to your business will be: 1. Increased levels of compliance to spend under management 2. Improved effectiveness ...
E-Procurement Assessment & Enablement
E-Procurement is an automated technology solution enhancing procurement performance by driving improvement in transaction-processing, contract compliance and financial reporting. 3D will work alongside your procurement and finance stakeholders to further develop and integrate existing systems capabilities or assess suitable solutions that best meet your business requirements. The enablement of e-procurement technology will enhance your business’s: 1. Requisition-to-order cycle times 2. Spend under management visibility 3. Compliance to preferred suppliers 4. Capability around supplier rationalisation 5. Usage and integration of procure-to-pay tools (Purchasing &/or T&E Cards)
