“The FM Lifeline: 36 Strategies” Facilities Management ME
We believe in doing things better, quicker and smarter.
June 2014 Trade & Export Middle East June Issue, VIP Interview
View PDF version of the article here
This is the powerful and practical mantra of Steven Speter, Managing Director of procurement specialists 36 Strategies.The fact is that effective and streamlined procurement is a powerful tool for supercharging business performance – not to mention saving money and time – and it’s a discipline tat can help you build a firm foundation for your governance and quality controls. Trade & Export spoke to the experts about the benefits of putting the right procurement structure in place.
The reality is that, procurement is likely the second highest operating cost component for any business and using traditional procurement methods, it will cost about AED275.00 to raise a single Purchase Order – this equates to AED 16,500 a day for the average SME in the Middle East! A classic example of time and money being wasted. Plus, the speed, cost and effectiveness of the procurement model you’re using will effect –
Your ability to secure the key items the business needs to execute its core tasks successfully.
Your business’ profitability and running costs.
Its ability to retain customers and effectively service key project work.