Our client, a North American pipeline equipment and services company, was recently acquired by a Private Equity firm. The new PE owner was seeking a greater return from its internal procurement function as very little spend was under contract or managed, and the existing strategic sourcing resources lacked the capacity and capability required to deliver value.
Proxima was engaged to review existing procurement processes and capabilities and then develop a new procurement organization and operating model supported by a detailed project roadmap to reach the desired future state.
Approach
We conducted over twenty on-site workshops to understand current procurement ways of working and pain points and met with ten members of client senior leadership to develop a vision, along with eight key guiding principles to get to future state.
We established a detailed as-is state of maturity, addressing strengths and weaknesses, comparing current state maturity to industry best practices, and provided a recommendation for a new eProcurement tool to enable procurement efficiencies.
Using the client’s current state maturity and desired future state, identified a roadmap of projects to help them work towards their goals. This roadmap was supported by project charters detailing project objectives, key steps, and roles and responsibilities. We developed an operating model and recommended an organization design that fits with the client’s future ambitions and spend profile.
Results
At the end of the program, we delivered a roadmap to the desired future state, including a progressive path to a centralized procurement strategy, a refreshed operating model to reflect differing needs of manufacturing versus service lines, and a revised organization structure including recommended role descriptions and hire/promote recommendations.
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