Comprehensive Procurement Maturity Assessment
Our Procurement Maturity Assessment evaluates your organisation’s procurement effectiveness against industry best practices.
This detailed review scrutinises your organisation’s procurement processes, evaluating effectiveness, efficiency, and overall maturity level. Aligned with industry best practices, the assessment focuses on strategic and operational facets, encompassing procurement strategy, policy, process, operating model, competency, and practices.
Receive a full maturity report with actionable insights, benchmarking your performance against four maturity levels, highlighting strengths, weaknesses, and areas for improvement. Take proactive steps toward optimised procurement practices effortlessly.
In-depth review for procurement effectiveness. Here's how we make it happen:
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planning and preparation
Define the objectives, scope, and goals of the assessment. Identify stakeholders, establish a timeline, and gather necessary resources and documentation for the evaluation.
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data collection and analysis
Relevant data is gathered related to procurement processes, policies, procedures, contracts, supplier relationships, performance metrics, and spend data. This data is then analysed to understand the current state of procurement operations.
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maturity level definition
The collected data is evaluated against our maturity model criteria to define maturity levels across various procurement dimensions (e.g., strategy, processes, technology, staff).
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gap analysis
We identify gaps between the current maturity level and the desired maturity level. Areas where improvements or enhancements are needed to align with best practices or organisational objectives are highlighted.
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benchmarking and comparison
We compare your organisation's maturity levels with industry benchmarks or similar organisations to gain insights into relative strengths and weaknesses.
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root cause analysis
We determine the root causes of deficiencies or gaps identified in the assessment. Underlying issues affecting procurement maturity and performance are identified.
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action plan development
We develop a comprehensive action plan with prioritised recommendations for improvement. Clear, actionable steps, responsible stakeholders, timelines, and key performance indicators (KPIs) are defined.
With our Procurement Maturity Assessment, you'll unlock a world of benefits
- Provides an understanding of current procurement practices, highlighting areas of excellence and areas needing improvement
- Helps align procurement strategies with overall business goals and objectives
- Identifies risks within the procurement process, allowing proactive measures to mitigate risks related to compliance, supplier relationships, or operational inefficiencies
- Enhances operational efficiency by streamlining processes, eliminating redundancies, and optimising workflows based on assessment findings.
- Identifies skill gaps within the procurement team, enabling targeted training to enhance competencies and capabilities.
- Establishes a foundation for continuous improvement, instilling a culture of ongoing assessment, refinement, and optimisation within the procurement function.
- Presents a clear picture of procurement's contribution to the organisation, enabling better support and alignment from executive leadership.
No simpler way exists to transform your organisation’s procurement than with our services.
We provide different packages granting access to expert tools and guidance, enabling you to achieve procurement maturity faster.
Our services cover Procurement Maturity Assessment, Spend Analysis, Strategic Procurement Strategy, Policies & Procedures, Sustainable Procurement, Contract Management, and more.
Choose from our subscription plans – Rapid (£5,300/month) or Boosted (£7,999/month) – offering a range of services and benefits.
Get started today and witness your procurement practices reach new heights, effortlessly.
