5 Rights Consulting Services
I work with clients, providing exceptional consulting services that are catered specifically to their needs. Whether discreet single sourcing projects, opportunity analysis, strategy review and optimisation, or large implementation of Category Management processes. Whether Greenfield or Brownfield, creating a Procurement team for the first time or scaling to meet your growing business needs, 5 Rights can support you on your journey. Take a look below at the services we can offer and get in touch to achieve immediate results with 5 Rights.
Right Quality & Price
Value for money, fit for purpose, how do ensure you're paying the Right Price?
The Right Quality and Price is to ensure that the goods or services being acquired are fit for their intended purpose - that is to say, they will meet the standards, features and performance determined within the procurement specification. The cost of 'poor' quality or conversely over paying for 'high' quality unnecessarily, both have a detrimental impact on your businesses profitability.
Our services:
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Supplier quality audits
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Quality Engineering
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Process Engineering
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ISO auditing & Compliance
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Cost of Quality Analysis
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Bid/ Tender writing
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RFI, RFQ, RFP, RFT process templates
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Tender design, management
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Public & Utilities procurement procedures
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Sourcing/ tender events
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Tail spend management
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Cost savings
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E-auctions, electronic tendering, e-sourcing
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Cost base optimisation
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Opportunity Analysis
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Right Supplier
We've all heard the Sales patter... "Were not the cheapest but we are high quality and wont let you down" - only then to be let down on delivery or quality or both!
Supplier selection is one of the most important decision your business will make. A bad supplier relationship can lead to unexpected, increased cost profile, late delivery, disappointed customers - could even lead to contract breaches and worse case litigation. It is therefore essential to select the Right Suppliers.
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Our services:
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Supplier qualification/ selection
Supplier on-boarding
Supplier collaboration
Supplier relationship management (SRM)
Supplier tender pre-qualification
Supplier performance management
Supplier rationalisation
Supplier auditing
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Right Innovation
Innovation in its simplest form, is to do new things or to do old things better than before.
"We cannot solve our problems with the same thinking we used when we created them" - Albert Einstein
Innovation is an essential part of progression, and essential in sustaining advantage over your competitors. Making certain the systems, tools and processes used by your teams are at the forefront of modern thinking. Embrace new ways of doing things to add value and efficiencies - make innovation the 'way we always do it!'
Our Services
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Innovation Circles
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Open innovation platforms
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E-sourcing
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Digital procurement
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Innovation competition
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Supplier innovation engagement
Right People & Culture
Culture - the dominant attitudes, beliefs and behaviors that constitute the way we do business.
Culture is the how we do things or the 'The way we do things around here'. Positive, healthy work cultures embracing of innovation and change is absolutely possible but require a desire to change by enough right people to overcome the typical resistances.....
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Our services
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Procurement transformation
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Capability/ skills gap analysis
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Procurement training
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Procurement culture/ strategy alignment
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Developing culture
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Creating teams, leaders and transformation
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Procurement executive search and recruitment by Procurement executives.
Right Strategy
The Path to Success - this is how the Procurement team will implement the policy and deliver against its vision and mission.
Ensuring that the Procurement strategy is aligned and complimentary to the business' overall vision and mission and crucially the businesses and functions maturity/ capability.
Our services:
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Tactical Procurement
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Strategic Procurement
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Category Management Implementation
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Cost reduction
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Tail spend management
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Supplier consolidation
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Supplier Relationship Management SRM
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Opportunity assessments
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Logistics and Supply Chain optimisation
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Contract management Public and Private (NEC3, JCT)
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Centralising or decentralising
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Sub-contracting
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Function Scaling up and/ or right sizing
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