Your Procurement Business Partner

Cost effective support, saving you money for all your buying needs

Based in Hampshire and London

Providing flexible procurement solutions in London & the South East

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Our Clients

 

Working as ‘Your Procurement Business Partners, we deliver flexible outsourced solutions with a suite of products tailored to your organisations needs to give clarity, control and confidenceNovo-K provides cost effective support to deliver one-off projects, in-house procurement development and outsourced solutions.    

Organisations approach us with the following challenges:

  • Identifying where and how to save money
  • How to reduce and mitigate risk in their supply chain
  • Embed better procurement and buying practices to gain control over expenditure
  • Access to cost effective procurement expertise for competitive tendering

Over the past 5 years we have built a SMARTprocurement methodology. In the ‘New World’ good procurement will be the differentiator and critical to the survival of organisations.

Getting Social

 

12 hours ago
The House of Best Practice is the framework for our SMARTproducts

Procurement is a profit improvement tool and when valued as a core function it will enable organisations to grow

Find out more about our SMARTproducts at https://t.co/D8dqEmmlGQ

#Procurement #profit #Business https://t.co/IIgEOJX0eh
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Can your business buy SMARTer?

Answers 8 simple questions to determine your procurement function
and tips to go move up procurement value curve
Start here

The maturity of your procurement function can be mapped against the value add procurement can deliver. Whilst all businesses are on a procurement journey, it is important to understand where you are, where you should be and how to get there with minimal cost and maximum benefit.

CLERICAL – Reactive measures in place for buying, no procurement lead or processes and sourcing activity undertaken by operational leads

COMMERCIAL – Tactical activity driven, standardisation being introduced and buying driven by stakeholder requirements

SUPPORTIVE –  Dedicated procurement team, procurement policy and process embedded, and delivery supporting organisation’s key objectives

STRATEGIC – Collaborative sourcing process, in-life supplier and contract management, procurement function is core to the organisation

Our products are designed to help you move from tactical purchasing to strategic procurement. From setting up your procurement office to training employees, we build your in-house procurement capability and support you as Your Procurement Business Partner

 

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Gain clarity on your supplier spend and risk within your supply base with SMARTanalysis

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Take control with our personalised delivery programmes and manage your buying activity with SMARTsetup, SMARTsupport and SMARTproject

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Give confidence to stakeholders by demonstrating the value of procurement, through bespoke training with SMARTtraining

Our Results

 

Strong client relationships are important to us as they are a key part of our success. 

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“In 2019 the Religious Society of Friends (Quakers Britain) decided to retender its outsourced payroll service. We did not have much experience in this area, so because of their knowledge,  expertise and reputation in procurement we engaged Novo-K to assist and support us.   

With their help we were successful in appointing a new provider. Novo-K were a joy to work with on this key project. Their help and advice with sourcing potential providers, assistance with drawing up a project delivery plan and input in the selection process proved invaluable to us. It saved us a great of deal time. We were particularly impressed with the regular project updates and communications we had with them, in particular, we appreciated their help in negotiating a favourable price for the new service  

Highly recommended!”

Ric Moore Head of HR & Training Quakers in Britain

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“Novo-K successfully delivered SMARTtraining workshops for our UK Procurement Team. Kavita ran a discovery session to understand our overall requirements, key challenges and team structure. The output was used to build tailored workshops and case studies for the team. Delivered by an experienced and energetic Senior Trainer, the Effective Negotiation training was a highly interactive day, which provided individuals the opportunity to trial negotiation techniques and styles in a safe environment. Novo-K deliver a highly professional service and we thoroughly enjoyed working with Kavita and the team.

Vanessa Taibo Operations Director UK Santander (Aquanima) 

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“We are delighted with the expertise that Novo-K brought to the procurement project. From day one they have ensured the project has run smoothly and they worked extremely hard with internal and external stakeholders to deliver the project on time and appoint a supplier that caters for our needs and has a good fit with the charity. The communication with the project team has been excellent and they provided us with guidance and support throughout the process.”

Stephen Hooper, Acting Finance Director at Parkinson’s UK

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“It has been a real pleasure working with Novo-K. They brought their expertise and professionalism to the project. It was an un-bias, healthy and transparent approach throughout the project. With their approach, we won over sceptical stakeholders and now a successful business partnership has been agreed.”

Toyin Onasanya, Project Lead at The Children’s Society

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“Novo-K really got to know and walked alongside us as we developed our procurement culture and capability. The support we received is excellent. As well as providing value for money, they have helped us to start focusing on opportunities and the added value achievable from structured procurement and supplier management.”

Lisa Kiew, Head of Finance and Resources at BYM

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Novo-K’s SMARTanalysis has provided us with the insight required to understand our current buying behaviour. After extracting our spend data, cleansing and applying a suitable taxonomy, Novo-K were able to identify both quick wins to save money and strategic procurement opportunities for Brooke. They presented their report with recommendations and next steps ready for implementation.  We were very pleased with the overall project and output from the Novo-K Team”

Derek Hyde –  Finance Business Partner FundComm

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“At Maudsley Charity we have been impressed with Novo-K, who helped connect us to an excellent company for our stationary needs. The communication with the Novo-K team was smooth and timely, and they took the time to really understand our needs. We’re looking forward to a good relationship with the new company, who we would not have found without Novo-K.”

Customer Testimonial – Maudsley Charity

Awards and Nominations

The Lotus Sustainability Award 2019

Winners of the Dent Global Partnership Award

Director of the Year South Awards 2019 Finalist

Contact

Let us know how we can support you and your procurement journey or answer any questions you have:

 

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