If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...
Logic behind shared procurement strategy 'is obvious'
The benefits of adopting a shared procurement policy is becoming increasingly clear, according to a public sector leader.
Michael Wood, head of procurement at the London borough of Haringey, told the Guardian Public Leaders Network that the arguments behind its plans to enter into a procurement alliance with seven other London councils are "obvious".
In the last year, the authority has already been able to make savings of £12 million through a more unified procurement policy, such as by reducing the number of bottled water suppliers it utilises from 14 to one.
By adopting a shared sourcing strategy with the other members of the North London Alliance, Mr Wood believes that a saving of between five and ten per cent on its annual spend of £2.5 billion can be achieved.
"With visibility over spending we are not cutting blind and, when required, can demonstrate our purchasing and savings record with impressive transparency," he added.
Paul Bettison, leader of Bracknell Forest Council, told Supply Management earlier this year that procurement staff can play a key role in helping local authorities to meet their savings targets.
Odgers Interim are UK leaders in Interim Management solutions for the Public Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com
Categories: Local Government