how much value can we create for you?
Well, the numbers below are for guidance, as every business is different. We have however calculated some fairly conservative savings. Our methodology is outlined below for you to review and we’re happy to discuss further if you’d like to book a call.
Assumptions we have made: For this membership bracket we have used a spend level of £17.5m which splits 80/20 for direct/indirect costs.
So how does each step generate value?
STEP 1 - Collect your spend and contract data
Our first step is to guide you through a simple but often overlooked process of creating your Business Contract Register. We look at your spend and identify contract data to ensure you can track your contract renewals going forward.
Outcome: You will have a Business Contract Register for your business, identifying opportunities to cancel unused contracts and proactively manage auto-renewals.
Savings estimate: 0.5% saving on all of your spend as you gain full control over your contract register
STEP 2 - Assess your suppliers against risk & value
The next step is to guide you through a supplier assessment using risks that are important to your business along with annual spend. We then segment suppliers into different groups so you can set a specific supplier management strategy for each group.
Outcome: With a simplified Supplier Management Process you can work with your key suppliers to help your business grow.
Savings estimate: 1% saving on your top 25% of spend as you have more time to focus on key suppliers (you’ll see how you get that time in the next step)
STEP 3 - Leverage your spend, join group contracts
Next, we create your Strategic Procurement Plan. Looking at which contracts you will tender/manage yourself and which services can be migrated to our group deals. This will not only save you money but also time as we take on supplier management for you, yet you can still feedback on group supplier performance via our bespoke portal.
Outcome: Your Strategic Procurement Plan identifies when you need to engage with new suppliers or start tenders so you will have a plan to support your business going forward.
Savings estimate: 5% saving on 20% of overhead spend as you migrate to our group contracts (you can use that time to manage your direct suppliers in Step 2).
STEP 4 - Manage….everything
Our last step pulls everything together. We review your contract register with you twice a year so you can agree on which contracts you’ll cancel, tender or move to our group contracts while our Supplier Management System creates your plan for supplier managment
Outcome: With all your supplier activities simplified, standardised and structured you can now focus on your business knowing we are here to support your growth.
Savings estimate: time saving from not having to manage or tender 20% of your overhead spend each year.
STEP 5 - Bonus for founding 50 members
As a bonus for our Founding 50 Members, we are offering a Key Contract Review to guide you through a review process to identify any hidden cost savings from existing contracts. We will train you or your staff with our “Manage Your Suppliers” and “How to Run a Tender” courses.
Outcome: You will have peace of mind that you have reviewed high-spend contracts to ensure you are getting the value for money your business needs, along with upskilling your staff.
Savings estimate: 2% saving on 30% of your direct suppliers as we review key contracts on scope & delivery, plus free training on two of our key courses.
Key Contracts Review - covers your top 5 contracts.
Manage Your Supplier course - two places to be taken during your first year of membership.
How to Run a Tender course - two places to be taken during your first year of membership
Oh, and there’s more….
We’re setting up the most amazing community portal to enable our members and suppliers to network, collaborate & learn from each other. We are also looking for ways to bring businesses together to support others.
We have a varied programme of online (not too many) and in-person (yay!) events for you to join. Our members and suppliers provide a wide variety of webinars which support all members while also raising their profile.
Come along, bring a friend and let’s have some fun!
Learn
network
collaborate
support
Membership options
Depending on the membership option you select you can expect a ROI of between 5x and 12x on your membership fees.
We have three tiers that you can select from. Each gives you access to different elements of our CALM Procurement System. There are also different payment options, either monthly, annually or a special Founding 50 bonus, buy 3 years for the price of 2.
Depending on the options you select, you will get different Return on investment. Our fees are calculated to give you the following ROI:
