Case Study:

University identifies £1.8m of non-pay savings through Procurement Opportunity Assessment.

 

Client

Procura’s client is a university renowned for its research, postgraduate studies and continuing education in public and global health. They have an annual research income of more than £124 million and are one of the highest-rated research institutions in the UK.

Approach

Procura put together a structured approach of Spend Analysis and Opportunity Assessment.

  • Complete transparency of non-pay spend
  • Data into Procura ProIntell Spend Analytics Platform
  • Interviews with stakeholders
  • Detailed assessment category-by-category

Results

The project identified benefits and made recommendations for:

  • £1.8m of savings from 14 procurement initiatives
  • Improvements to Procurement processes and approach including contract management, sourcing calendar and ongoing spend analysis
  • Travel & Expenses Management project

 

Procura provide expert services to clients which can assist as the economic situation recovers and businesses re-set for profitability. We would be very happy to talk through your current challenges and objectives and share our experience.

For further information or to discuss how Procura could help your organisation – please get in touch:

Email us: info@procuraconsulting.com

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