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DATE: 17th March 2020
Novo-K Ltd is monitoring the global and national situation with Corona Virus/COVID-19. In line with government guidelines, as of the 16th March 2020, we have activated our Business Continuity Plan (BCP) The Novo-K office is now closed, and the team will be working from home, with all non-essential travel cancelled. We have previously tested our systems and processes and will continue to deliver client services as normal. All face to face meetings will now be moved to virtual meetings where possible or rescheduled. As the situation changes and develops, we will update the website to keep you informed of any changes to our plans
Our programme starts with the classification and normalisation of your tail spend data. We review and present the output, highlighting the opportunities to save money and find the efficiencies to support more informed business decisions. Our team of procurement specialists, working with your key stakeholders, will contact your supply base and deliver the agreed approach.
Supporting our SMARTsupport solution, we deliver end-to-end sourcing solutions suited to complex and high risk procurement needs. Gathering requirements to identify the best procurement approach i.e. tenders, single source, framework or re-negotiated contracts.
SMARTprocure balances favourable contract terms with delivering value for money and mitigating risk. Leverage the experience of our established 4-phase process ‘Sourcing 2 Supervision’ that gives greater insights to make the right decision for stronger partnerships and ongoing control of your supply chain.
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.
Novo-K can be an extension of your existing team, supporting specific functions, tasks or implementations. Alternatively, we can be your procurement department without the need of expensive investment. Whatever your procurement needs, SMARTsupport is tailored for you, supporting the unique ongoing procurement and supplier management requirements of your organisation.
Our specialist team are on hand to provide guidance on tools and templates, answer queries and support your procurement and supplier management. Review, analyse and feedback on your policy, processes and spend data, with recommendations allowing you to focus on your key objectives. All while providing access to our partners products and services that complement and support our solutions.
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. SMARTset-up is the next logical step to implement the recommendations from the discovery phase.
Our specialist team build a tailored Procurement Policy in-line with your objectives and values with a structured process that uses tested tools, templates and step-by-step guidance for your employees. SMARTset-up is built on your existing environment and creates a centralised repository for all documentation, support and governance; this in turn supports your adherence to industry and government regulations as well as speeding up the procurement process.
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.
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.
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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!