Accelerating Procurement Delivery
– The Challenge
Our client, a newly created standalone entity with a global presence, faced a pressing challenge: establishing a procurement organisation from scratch. With limited in-house resources and a need to support operations on a global basis, they required immediate support to keep the lights on, whilst recruiting and operationalising procurement. All of this needed to be achieved against tight deadlines.
Client Objectives
• The creation of a new procurement function from scratch.
• The need to deliver for end clients whilst building out the function on a global basis.
• They required immediate support to keep the lights on, whilst recruiting and operationalising procurement.
• All of this needed to be achieved against tight deadlines.
Skills & Capabilities Provided
Our Solution
Lifecycle Sourcing were engaged to help stand up the procurement team and deliver immediate value. Our approach focused on three core pillars:
Developing Category Plans
In collaboration with the client, detailed category strategies were developed based on the client’s global priorities, outlining steps for cost optimisation, supplier management, and risk mitigation.
Delivering Critical Sourcing Activities
Our procurement professionals were embedded into the client’s team and focused on high impact sourcing initiatives across key areas of spend. This demonstrated the function’s ability to deliver and enhanced confidence with the end clients of the service.
Releasing Savings for Reinvestment
The savings were released to support broader organisational objectives.
Client Benefits Realised & Project Outcome
In this role, we supported the client deliver:
✔ A fully operational procurement organisation supporting global operations
✔ Measurable cost savings within the first year.
✔ Built strong commercial relationships with the end client and strategic suppliers
✔ Strong foundations for sustainable, value-driven procurement
“We helped accelerate delivery of procurement capability to meet the demands of the organisation.”