As procurement experts, we understand the importance of delivering cost effective solutions which offers value for money and return on investment (ROI).

Through our tech-enabled procurement managed services, we provide clients with the confidence that they are working with the right suppliers in the right way.

Managed Procurement Services

Novo-K’s Managed Procurement Services supports the specific needs of different sectors and our tailored Managed Services solution for a more bespoke offering. All of which is underpinned by our proprietary SaaS platform – BuyingStation.

Novo-K Scorecard

Novo-K's free Scorecard quiz provides you with a detailed report about the status of your procurement function and includes helpful tips and recommendations on how you can buy SMARTer. Take our 3 minute quiz today!
Spend Analysis

Spend Analysis & Opportunity Assessment

As a part of Novo-K's Managed Procurement Services, Spend Analysis and Opportunity Assessment provide clarity over spending patterns to identify opportunities to save money, improve relations with suppliers, fine-tune buying strategies and boost financial effectiveness.
Risk and Assurance

Risk and Assurance of Supplier Assessments (RASA)

Our RASA offering conducts comprehensive reviews to identify potential risks to your supply chain. With recommendations from experienced CIPS-qualified professionals, RASA assists organisations by mitigating risks to efficiently operate in a changing business landscape.

What is SMART
procurement?

We utilise our proven methodology to deliver high quality, high value best practice procurement services. SMARTprocurement™ supports the strategic sourcingthrough our 5 principles:

  • Strategic

    Ensuring your procurement approach is fully aligned to your organisation’s strategic objectives.

  • Measure

    Understanding the success of procurement activity through the accurate measuring of key metrics including savings, KPIs and SLAs.

  • Approach

    Following best practice procurement to determine the best approach to market, build robust action plans which are well-governed and fully auditable.

  • Relationship

    Collaborating and coordinating with partners, suppliers and key stakeholders to ensure best results for all parties.

  • Transformation

    Progressing up the procurement maturity curve to where the procurement function is core to the organisation’s success.