Purchasement

Like no other, we can clearly explain the impact of procurement on the company’s results. The outcomes of this are often surprising and motivate those involved in procurement to optimize these results.

Procurement as an expense? On the contrary!

Consider this scenario: your procurement volume in relation to your revenue is significant, but hiring a procurement professional places a heavy burden on your overhead. In practice, many employees are tasked with placing orders. This isn’t a major risk because the amounts per order are generally small, and larger sums are always discussed with the management team.

The question then arises: what pitfalls can emerge in this situation?

The procurement professional observes the following on a daily basis:

• Financial authorizations are not or inadequately documented.
• Each department has its preferred suppliers.
• There is business conducted with a (too) large number of suppliers.
• Multiple suppliers are engaged for every product and service.
• Price and condition negotiations are absent.
• Invoice verification is scarce or non-existent.
• The employees and suppliers are not familiar with your General Procurement Terms.
• When procuring services, insufficient consideration is given to WKA legislation.
• Role segregation is not implemented.
• Many procurement invoices have a value of < € 100.00.

This is just a list of several facts found in many organizations. Solutions can be implemented without increasing fixed costs.

Tresviri offers those solutions.