We define tailor-made processes which effectively fit your business model through a personalized procurement outsourcing advisory service and project management.
Our procurement outsourcing advisory service aims at reducing the procurement risks linked to the possibility of a disruptive event, such as a break in the supply chain or the failure to take advantage of an opportunity from which your organization could benefit. We monitor, keeping under control, five different landscapes which design the Procurement Risk Management model (PRM) and determine the procurement risks which could affect turnover and cash-flow: external supply depedencies, market conditions and behaviours, internal procurement process, management controls, the ability and agility to handle unexpected events.
The PRM, defined by the “risks catcher – radar chart”, it is used to enforce and consolidate your internal Procurement and Management Control Process (PMCP).
The outsourced PMCP includes the following tasks and activities:
- Identification of the requirements for goods and services and potential suppliers within the market
- Bidding process: request of proposal/quote issuing, consolidation of the bids received, shortlist of the most suitable suppliers and final selection of the top choice in terms of both quality and costs
- IT configuration as per business requirements and implementation: e-procurement platform and ERP
- Effective replenishment cycle and inventory management: maximization of the free cash-flow
- P2P cycle accounting reconciliation
Additional outsourcing services include the recruiting and training of operational personnel:
- Plug-in expertise ready to use
- Performance review and continuous improvement
Today each business needs to adapt to the global disruption caused not only by COVID-19. For this strategic reason, we create a customer-focused PMCP which allows our customers to operates faster, with more agility and to focus primarly on developing their core business, boosting revenues facing new challenges. Stella Consulting’s PMCP, supports future growth through greater resilience, sustainability, and trust. We aslo enable our customers to work differently: we use digital technologies cloud-based for data and files sharing, enhancing efficiency and transparency in a fully protected cyber security environment.