V4 Services

Commercial Procurement




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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Local government transformation
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