POWER • SPEED • IMPACT

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Procurement Transformation

The role of Procurement is rapidly evolving. The traditional function that focused purely on cost reduction is shifting towards a more strategic entity focused on driving enterprise-wide value. Procurement organizations across the globe are being asked to perform a larger, more strategic role in overall corporate growth and deliver sustainable business value. In order to meet these new conditions, procurement organizations must transform their legacy processes, structure and customs, and align them with the ever-changing needs of the company.

It’s here where Velocity Procurement comes in. Our distinct methodology for delivering procurement transformation will provide you with the necessary knowledge and tools to deliver significant benefits resulting in long-term sustainable procurement value. Embedded in our Power Speed Impact philosophy, sits our comprehensive four-step model for transforming procurement.

Power, Speed and Impact is not merely just a tagline or mantra for us. It is our philosophy. We strive to deliver our services using these three action words.


POWER

Power

The ability to build new knowledge and understanding through data analysis and capability assessment. Analyze data is all about looking at the supplier spend and developing sourcing opportunities. Compare capability focuses on the current-state assessment of your procurement function.


SPEED

Speed

The ability for you to develop an actionable plan for delivering a rapid transformation for your organization. For each of the improvement areas found in the assessment, we develop a formal plan and roadmap that will provide you a clear direction on how to proceed with the transformation.


IMPACT

Impact

Now that you have built a better understanding of your existing procurement function and have a transformation plan developed. It’s here where Velocity Procurement deploys various services to assist the you with implementing the areas of improvement defined in the roadmap.

Industry Case Studies

Velocity Procurement delivers best in class procurement consulting services, process improvement, technology and managed services to help our customers manage their ongoing procurement operations. We quickly acclimate and become highly vested in our customer’s success through long term partnerships - delivering impactful solutions with fast implementation.

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