Fractional CPO vs Interim CPO vs Consultant: What is the Difference and Which Do You Need?

Fractional CPO vs Interim CPO vs Consultant: What is the Difference and Which Do You Need? Three labels, three very different propositions If you have ever been pitched procurement support and walked away unsure what you actually agreed to, you are not alone. The labels get used loosely. Consultant, interim, fractional, advisor, partner. They sound […]

How a £40m Manufacturer Outsourced Procurement and Improved Margin by 4 Percent

The Day the FD Realised Nobody Owned £24m of Spend How a £40m Manufacturer Outsourced Procurement and Improved Margin by 4% The story below combines elements from several manufacturing businesses I’ve worked with. The commercial outcomes are real, but some operational details have been changed to protect client confidentiality. Most manufacturers don’t lose margin because […]

Signs You’ve Outgrown Ad-Hoc Procurement

Signs You’ve Outgrown Ad Hoc Procurement I knew something wasn’t quite right before we’d even opened the first spreadsheet. It wasn’t because anyone complained about suppliers. Nobody mentioned procurement. In fact, the business considered itself well run. Orders were being placed, invoices were being paid and production was moving. From the outside, everything looked perfectly […]

Procurement Strategy Outsourcing

Procurement Strategy Outsourcing: When the Strategic Brain Sits Outside the Business Not every business needs a Chief Procurement Officer. Most need a procurement strategy. There’s a common misconception that if your business doesn’t have a Chief Procurement Officer, you’ll either need to hire one or accept that procurement is simply transactional. In reality, there’s a […]

How to Choose a Procurement Outsourcing Partner: Seven Questions I’d Always Ask

How to Choose a Procurement Outsourcing Partner: Seven Questions I’d Always Ask Choosing a procurement outsourcing partner isn’t just about finding someone who can negotiate better prices. You’re choosing a business to represent your organisation, work alongside your people and build relationships with your suppliers. Get that decision right and you’ll wonder how you managed […]

Procurement Maturity for SMEs: The Four Stages

Procurement Maturity: The Four Stages Most SMEs Go Through Most business owners don’t wake up thinking about procurement maturity. They notice something else first. Supplier costs keep creeping up. Contracts renew without challenge. Different departments buy the same products or services from different suppliers. Nobody is quite sure when key agreements expire. The natural reaction […]