Take the assessment
We’ll ask you 8 simple questions about your procurement function, your indirect spend and your supplier landscape.
By understanding your procurement spend and your supplier landscape, we’ll identify consolidation opportunities for third-party spend and benchmark your procurement maturity against the competition.
Take five minutes now to complete the assessment to understand your procurement maturity and your organisation’s potential savings.
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that multimillion-pound efficiencies and a return on investment of between 4:1 and 10:1 can be realised through spend benchmarking?
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You will immediately see your overall score, which benchmarks your results against other organisations in your sector.
See how you scored
Register for your personalised report containing your estimated cost-savings and tailored guidance on how to improve process efficiencies in your organisation.
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1
2
3
What is your organisation’s total annual spend?
Question #1
Complete
0%
Next
£200m – £500m
£100m – £200m
£70m – £100m
£50m – £70m
£20m – £50m
< £20m
>£500m
£200m-£500m
£100m-£200m
£70m-£100m
£50m-£70m
£20m-£50m
<£20m
What is your organisation’s total annual indirect spend?
Question #2
Fact #1
What is the number of indirect suppliers that your organisation uses each year?
Question #3
1001 – 1500
801 – 1000
801 - 1500
501 – 800
300 – 800
< 300
> 2000
1500 - 2000
800 - 1500
300 - 800
In our experience, you can save as much as 10% to 15% by bundling services and by challenging specifications, bidding contracts and incentivising providers to deliver incremental service and cost improvements.
Fact #2
What proportion of indirect suppliers do you spend less than £10,000 with per year?
< 5%
Question #4
5% - 25%
25% - 50%
50% - 75%
75% - 90%
> 90%
37%
100%
that low-value or tail-end spend accounts for around 80% of an organisation’s supply base and 20% of its third-party expenditure?
Fact #3
What proportion of indirect suppliers do you have an ongoing contract with?
< 10%
Question #5
10% - 25%
50%
Many organisations don’t have a clear and embedded contract management strategy, leading to increased risk and a reduction in the value delivered.
Fact #4
On average, what percentage of annual indirect savings have you delivered over the last 2 years?
< 1%
Question #6
1% - 3%
3% - 5%
5% - 10%
11% - 15%
62%
> 10%
What is the size of your procurement team?
Question #7
20+
19
18
17
16
15
14
13
12
11
10
9
8
7
6
5
4
0
Is your procurement team centralised or decentralised?
Centralised
Question #8
Decentralised
Low maturity
Your responses show:
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•
a low level of relative procurement maturity
typical achievable cost-savings of between 10-20% of indirect spend
Download your full report now, for:
an assessment of your procurement function and improvements you can make
next steps to realising your achievable cost-savings
the opportunity to take advantage of a free, no-commitment, personalised and detailed procurement health-check with one of our experts
following the health-check, you can then take advantage of a discounted diagnostic offer with commercial models to de-risk your business and assure delivery of rapid efficiencies
Medium maturity
Your responses show a medium level of relative procurement maturity with significant opportunity for cost-savings in third party spend. Potential focus areas for improvement often include procurement processes and policies to improve spend controls in the business, team structure, size and capability and a greater focus on strategic supplier management.
Download your Procurement Maturity Assessment
a medium level of relative procurement maturity
typical achievable cost-savings of between 5-12% of indirect spend
High maturity
Your responses show a high level of relative procurement maturity. However, improvements can still be made to become best-in-class. Potential focus areas could include data collection and business intelligence, automation and skills.
a high level of relative procurement maturity
typical achievable cost-savings of upto 7% of indirect spend
