CONSULTING SERVICES

WE PROVIDE A WIDE RANGE OF BEST SERVICES TO ALL OUR CLIENTS

Spend Analysis Services

Spend analysis is our focal point in all our strategic sourcing projects. At Hyve Procure, we drive and optimize your procurement process with actionable spend intelligence to identify opportunities for cost savings. Our team dives into your financial and procurement data dump or history to identify and assess a trend that will inform better strategy formulation and implementation in the sourcing project.

Therefore, we conduct a 360-degree comprehensive analysis throughout the organization and supply chain to provide the necessary insights.

Procurement Audit and Compliance

Hyve Procure places much emphasis on auditing and compliance since it is one of the proactive ways of saving cost, recovering errors and driving profits directly to the bottom line of an enterprise. Our audit team provides best-in-class audit services by identifying and tracking costs, and matching expenditures to specific contracts or purchase orders.

We conduct a parallel analysis of all procurement activities with laid-down rules to identify compliant gaps and assess its cost-effectiveness to recover errors and overcharging.

Outsourced Project Management

Outsourcing your procurement function to Hyve Procure is a step in the right direction since we can leverage our expertise to ensure business success. We move into a business relationship with our clients to ensure our relationships are mutually beneficial and to ensure long-term relationships on any project.

 

Market Research and Intelligence

We understand how invaluable research and intelligence are for the effective and efficient performance of managing spend categories and their respective supply chains. Our team of category managers brings on board the enterprise table unmatched skills, tools, insights and experience that can mitigate risks, develop strategies, and identify new business and efficiency.

Supplier Relationship Management

The need for a healthy and wealthy relationship with suppliers cannot be overemphasized because of the critical roles they play to ensure success in an organization. At Hyve Procure, our strategic sourcing team can formulate a tactical and strategic framework that will ensure efficient and effective communications for the management of affairs in the buyer-supplier relationship.

BID formulation, Evaluation, Analysis and Selection

At Hyve Procure, we understand the need for crafting and building RFX (Information, Proposal and Quotations) into the sourcing strategy to capture innovation, customer service, value for money, quality product/services etc.

We do not rely heavily on the lowest price but we comprehensively factor and evaluate other criteria as a whole to drive cost savings and value for money.

TRAINING AND RECRUITMENT

CONSOLIDATING THE HUMAN CAPITAL BASE FOR EFFICIENT MANAGEMENT OF THE PROCUREMENT AND SUPPLY CHAIN

We provide quality training and recruitment services for high performing procurement professionals for the supply chain of various industries. We monitor and evaluate current procurement and supply chain practices across various industries to identify best practices to enrich the human resource base of our clients to deliver in this current dynamic business environment.

 

 

Whether you like it or not, procurement and sourcing officers directly affect the cash reserves of an enterprise and as such, there is the need to provide the right tools to the right officers to enable them to deliver. They convert the company’s cash into goods, works and services by buying on behalf of an enterprise, which means any decision from the department can break or make an enterprise. However, currently emerging procurement practices solidly emphasizes BIG DATA which intelligently manages and hedges the spending decisions of an enterprise.

Our courses are tailored for those who are part of the spending decision-makers of an enterprise, especially in procurement and finance and for those who want to be competitive on their job and also enhance their employment opportunities.

Training Programs

Knowing how dynamic and highly uncertain the business environment that procurement operates within, Hyve Procure provides training programs and recruitment services for both procurement and non-procurement professionals to add value to their enterprise.

We have the insights, best practices and experience to adequately address the challenges that companies are facing.

MODULE: CONTRACT MANAGEMENT

UNIT CONTENT

  • Basic Concepts, Fundamental & Theory
  • Enterprise Contract Management
  • Enterprise Contract Management Solutions
  • ECM: The Vanguard Of Sustained Compliance
  • Enterprise Contract Management Maturity Model
  • Implementation Methodology
  • Change Management Considerations
  • Risk Management Considerations
  • Integrating A ECM Solution
  • Metrics: The Catalyst To Achieve And Maintain Success
  • Sustaining Excellence Beyond The Implementation

MODULE: STRATEGIC SOURCING

UNIT CONTENT

  • An Introduction To Strategic Sourcing
  • Data Collection And Analysis
  • Conducting Research
  • The Rfx Process
  • Score Carding Suppliers
  • Negotiations
  • Get It In Writing
  • Implementation Of Continuous Improvement
  • What Not To Do During Strategic Sourcing
  • The Importance Of Market Intelligence
  • Tools To Assist You In Gathering Data
  • Increasing Stakeholder Engagement
  • Supplier Collaboration
  • Leveraging Supplier Feedbacks
  • Data Analysis
  • How To Manage Indirect Spend

MODULE: SPEND ANALYSIS

UNIT CONTENT

  • Fundamentals Of Spend Analysis
  • Business Imperative And Return-On-Investment
  • How To Implement Successful Spend Analysis
  • Opportunity Identification
  • The Anatomy Of Spend Transactions
  • Spend Analysis Components
  • Taxonomy Considerations
  • Tracking And Monitoring
  • Spend Analysis And Compliance
  • The Future Of Spend Analysis

MODULE: SUPPLIER MANAGEMENT

UNIT CONTENT

  • Procurement Strategy
  • Supplier Management: The Supplier’s View
  • Supplier Relationship Management
  • Supplier Development
  • Supplier Management: Making The Change