Procurement & Contract Management Consultant

Shay Bello

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Contact for pricing

About this service

Summary

Procurement and contracts can be overwhelming. I offer friendly guidance and expert insights to simplify the process, saving you time, money, and worry.

Process

Initial Consultation & Needs Assessment

Discuss Client Goals: Understand the client's current challenges, pain points, and desired outcomes for both procurement and contract management.

Identify Focus Areas: Determine if the priority is on sourcing optimization, contract review, risk mitigation, or a combination of services.

Gather Preliminary Info: Get an overview of existing suppliers, contract types, and any immediate issues the client is facing.

Data Collection & Analysis

Procurement Data: If applicable, collect spend data, supplier information, historical pricing, and internal procurement processes.

Contract Review: Obtain copies of relevant contracts, amendments, and associated documentation.

Review & Audit: Conduct an in-depth analysis of contracts and procurement practices, identifying risks, compliance issues, and areas for improvement.

Strategy Development & Recommendations

Procurement Strategy: Create a plan for cost-effective sourcing, supplier selection, negotiation tactics, and process optimization aligned with the client's business goals.

Contract Optimization: Recommend revisions to existing contracts, develop new contract templates, or suggest strategies to manage current agreements more effectively.

Risk Mitigation: Develop a plan to minimize contract risks, including contingency planning, proactive communication protocols, and dispute resolution strategies.

Implementation & Collaboration

Client Partnership: Work closely with the client to implement new processes, negotiate contracts, and address any issues that arise.

Team Support: If applicable, provide training or guidance to the client's internal procurement or contract management team.

Vendor Management: Assist in building and maintaining strong, mutually beneficial vendor relationships.

Ongoing Monitoring & Refinement

Performance Tracking: Establish metrics to track procurement savings, contract compliance, and risk reduction.

Regular Reviews: Schedule meetings to discuss progress, address new challenges, and refine strategies as needed.

Proactive Insights: Identify emerging trends or opportunities in the market that could benefit the client's procurement and contract management.

What's included

Strategic Procurement Plan
A tailored plan outlining cost-effective sourcing strategies, supplier selection criteria, negotiation tactics, and process optimization aligned with your business goals.
Supplier Qualification & Selection
I'll source and vet potential suppliers, ensuring they meet quality standards, and negotiate favourable terms to secure reliable partnerships.
Contract Negotiation
I'll review existing contracts for improvement areas, and negotiate new contracts, securing advantageous pricing, terms, and risk mitigation measures. I'll analyse contract terms, develop negotiation strategies, and advocate for your interests to secure favourable conditions.
Procurement & Contract Performance Reports
Regular reports with key metrics, insights into cost savings achieved, and areas for continuous improvement. I'll analyse vendor performance, cost-effectiveness, and provide data-driven recommendations to optimize future contracts.
Procurement Forecasting & Planning
I'll collaborate with stakeholders to develop accurate forecasts and plans, ensuring proactive procurement aligns with your business needs.
Contract Risk Assessment & Compliance Audit
I'll thoroughly analyse contracts, identify potential risks, ensure regulatory compliance, and recommend safeguards.
Ongoing Contract Administration
I'll provide support on interpreting terms, resolving issues, and ensuring compliance throughout the contract lifecycle.