SpendInsight shows that the public sector is only using the contracts that it has let about 30% of the time with 70% of spend off contract, so having a good p2p process is as important as sourcing to realise the benefits from improved sourcing.
So whilst procurement has focused on sourcing as the source of savings these need to be policed through to invoice to be realised.
TOTAL (10% - 25%)
Government uses its sourcing to try an mould the economy. Through enforcement of Health and Safety, Environmental and Social Standards.
Strategic sourcing will change an organisations supply chain and it is important to balance policy and savings to achieve the desired outcomes
@UK PLC Guarantees that a Spend Analysis will show significant potential savings, and provide the immediate savings to fund a full s2p eprocurement project.