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SMARTsupport - Procurement as a Service

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Novo-K Ltd Registered in England and Wales Company No. 10250341

Ancells Business Park
Ancells Rd
Fleet GU51 2UJ

© 2019 Novo-K

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LATEST POSTS

Power of 3 Webinar- On Demand

Power of 3 Webinar- On Demand

Oct 16, 2020

Episode 2- Procurement, Accounting and IT Support   With lock down easing and business returning to a 'new normal', how has your organisation been adapting to the new way of business?   On 15th October, we hosted our second episode of Power of 3. Power of 3 is...

Are your suppliers in trouble?

Are your suppliers in trouble?

Sep 28, 2020

When the UK moved into lockdown (March 2020), Novo-K advised our clients to reach out to key suppliers and request copies of their Business Continuity Plans (BCP). This enabled our clients to gain an understanding of the impact to their business and ensure that their...

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Abi Culton. Procurement Specialist

What was your dream job growing up and why?

As a child my dream job was to be a vet as I am a big animal lover, having grown up with many pets from dogs, cats, hamsters, rats and fish. I have just recently moved out and it took us no time at all to get out first pet Loki the cat.

 

What are you passionate about?

I am passionate about travelling and love to see as much of the world as possible for the different scenery, food and culture. Having travelled to 24 countries so far, my favourite trips currently have to be my 3 month adventure around South East Asia and Iceland. Both completely different but amazing.

SMARTtail - Tame your tail spend

Collaborative solution working with our experienced procurement team, delivering cost savings, efficiency improvements and speeds up existing buying processes. Built with ‘Agility’ at its heart to allow for change and flexibility so together we can optimise the model to deliver ROI and key benefits.

Our programme starts with a spend data analysis and opportunity assessment. We review and present the output, highlighting the opportunities to save money and find the efficiencies to support more informed business decisions. Working with your key stakeholders, will contact your supply base and deliver the agreed approach.

 

Your Sourcing Partner

 

Helping you source goods at the best prices

 

Find out how we can support you with your buying activities here

 

 

SMARTproject - Achieve value for money and build stronger supplier relationships

Supporting clients who require specialist procurement expertise, we utilise our ‘Sourcing2Supervision ’ model, delivering end­-to­-end sourcing activity suited to complex or high risk procurement projects.

Our specialists work closely with stakeholders; to determine the project scope, objectives and key success criteria, before going out to market to identify suitable suppliers, negotiate favourable contract terms and ensure value for money.

Before completion of the project, activities including the development of an in-life handbook are used to support implementation and supplier management, to help build and maintain stronger relationships.

SMARTanalysis – Identify quick win opportunities

We review your supplier contracts and invoices to assess the fastest possible gains and mitigate risk in your organisation for the most significant impact. SMARTanalysis puts you in the driving seat of procurement so that you can you introduce small changes that deliver benefits and savings.

This solution is used by many of our clients to fund further investment, to deliver their organisation’s strategic programmes that support top-line growth and increase profits. SMARTanalysis puts you in control as you move from buying ‘stuff’ in an ad-hoc manner to a structured procurement approach; it further convinces your stakeholders about the true value of procurement as a profit improvement tool. 

SMARTsupport - Expert procurement and support services when you need it

Novo-K can be an extension of your existing team, supporting your Procurement Office, leading on tenders or providing Supplier Management activities.  Alternatively, we can be your outsourced procurement team, integrating into your organisation to provide specialist support and deliver savings. Whatever your procurement and buying needs, SMARTsupport is tailored for you, supporting the unique requirements of your organisation.

Our flexible resource can provide guidance on tools, templates and process, also working closely with your legal team to support your procurement projects. Our clients often utilise our project management capability to manage the delivery of key procurement programmes and projects.

SMARTset-up - Building blocks of your in-house procurement

SMARTset-up is your solution to ensure best practice procurement. Standardising and organising your procurement activities to ensure you maintain clarity and control over your buying strategies, giving senior leadership confidence that the necessary controls are in place.

Our specialist team build a tailored Procurement Office on your existing environment. This includes a centralised repository for all contractual documentation, supplier risk register and procurement guidance; this in turn supports your adherence to industry and government regulations. Implementation and training of our end-to-end procurement process ‘Sourcing2Supervision ‘, builds in-house knowledge and expertise, which we can then support and manage as your Procurement Business Partner.

SMARTtraining - Train your team to deliver maximum impact

We offer a range of courses designed by Chartered Institute of Procurement & Supply (CIPS) qualified trainers.  We deliver these to businesses wanting to roll out or introduce procurement into their organisation, where they are looking to standardise and up-skill their procurement function or buyers to support their longer term ambitions.

SMARTtraining delivers in-house and individual training courses, from initial principles and best practice, through to negotiation skills and the tendering process. Your team will understand the value of SMARTprocurement and the opportunity it will bring by building their personal procurement expertise and in turn realise the savings you need.

  • Procurement Foundations
  • Tendering Process
  • Effective Negotiation
  • Stakeholder Management
  • Procurement Financials
  • Category Management
  • Contract and Supplier Management
  • Introduction to Contract Law
SMARTdiscovery - Understand buying behaviour to save money

In-depth analysis of your organisation, building a procurement strategy tailored to support your objectives and values.  We deep dive supplier data and key contracts to understand opportunities to save money, improve efficiencies, highlight and mitigate risk. We leverage our own expertise and those of our partners to recommend opportunities for efficiency improvements, savings and best practice.

SMARTdiscovery offers increased clarity and focus to support the delivery of your strategic objectives, increased efficiencies to realise significant savings, build strategic relationships with suppliers to encourage innovation and provide confidence to stakeholders and supporters that the necessary controls are in place.  SMARTdiscovery is the most meaningful way to identify the impact of procurement on your organisation and the resulting recommendations make it clear the changes to make this happen.

Jane Noad. Programme Director. @JaneNoad

Passionate About: Bringing procurement solutions to life and seeing the impact they have when delivered.  My whole career has been about making projects a reality and I get a real buzz from seeing the results publicly. 

Enjoys: Travelling as much as I can with the family.  Either in the motorhome across the UK or bigger trips to US and beyond. I’ve recently taken up cross stitching. I’ve always sewn and made my own curtains, blinds but decided to take up cross stitch as it’s more portable.  Instead of idling on my phone when I have 5 mins free, I do a bit of stitching!