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Commercial Procurement
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WOKING BOROUGH COUNCIL PLACES PROCUREMENT STRATEGICALLY
V4 Services were appointed by Woking Borough Council to establish a Commercial Procurement Unit - a central core of commercial specialists with the remit to transform the way in which the council approaches procurement and supplier relationship management. Within 12 months this decision has delivered a return on investment of 3:1.
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REDUCING SPEND ON GOODS AND SERVICES
V4 works with Peterborough City Council to deliver £750k of cashable savings by reducing demand on goods and services including: room hire, catering;
training and conferences; agency staff; travel and accommodation; translation
and interpretation and office furniture.
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TAKING ACCOUNT OF PETERBOROUGH'S ACCOUNTS
Peterborough City Council's purchasing system was decentralised and paper-based, with departments handling their own spending and processing large volumes of paper invoices at significant cost. The Oracle Purchase-to-Pay (P2P) purchasing system we introduced to achieve a yearly cashable saving of £2.8mil on a total expenditure of £36mil, as well as other numerous benefits.
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COMMERCIAL KNOW-HOW ON DEMAND
Peterborough City Council established a commercial hub in 2008 to tip the balance of power in the procurement process from the 'supplier' side to the 'buyer' side. The commercial hub has become a trusted collaborative partner for budget holders and has brought about a great commercial awareness across the council.
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MORE FOR LESS - A NEW APPROACH TO PROCUREMENT
Peterborough City Council placed procurement firmly at the centre of its business transformation programme, implementing stringent demand and supplier management procedures to drive down consumption and costs. Peterborough is now reaping the rewards and creating even great efficiencies.
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PETERBOROUGH REGULATES SPEND ON CONSULTANTS
In 2008 Peterborough City Council established a professional services partnership (PSP) to consolidate and regulate its spending on consultancy. The PSP provides the council with a single, coherent structure for procurement and account management of all consulting services.
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Join Our Team
We're looking for people with drive to join our team. If you've got the skills to offer, as an employee or an associate, give us a call.
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V4 Services Limited (company registration number 6574923) is a wholly owned trading company of V4 Holdings Limited (company registration number 7934448), both are registered with companies house England and Wales, with the registered address for both companies: New Penderel House, 283-288 High Holborn, London WC1V 7HP. VAT no. 936 1789 87
Copyright © V4 Services Limited 2007 - 2012
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