Laviva Global Ventures has long-standing expertise in large-scale public and private sector procurement, helping our clients get the best deal from bought-in goods and services.
Effective procurement is becoming a more complex task, yet its importance in delivering value has never been clearer. Procured goods and services make up 60% or more of an organisation’s cost base, a figure which is increasing as companies outsource more services. So there is real potential to secure cost savings if the procurement team has the right knowledge and skills.
Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If good data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
we implement projects across key categories of spend to reduce cost and manage supplier risk.
by introducing powerful supplier management and development techniques, we create longer-term value.
we develop real intelligence and improvement opportunities across diverse, and often poor quality, spend data.