Creatively exploiting the common pound

Identify, analyse and target those suppliers that you share with others. Know where the ‘common pound’ can be used to support joint contracting and to deliver significant efficiencies through collaboration.

Collaboration between public sector bodies in the procurement of goods & services has the potential to deliver very significant efficiencies – by way of example more than £30bn of the spend on goods & services currently captured to date in the Observatory is with core trade suppliers who supply at least two public sector bodies. However, it is rare for any public sector body to be aware of the level of spend by supplier (or category) with other public sector bodies who they might collaborate with. As a consequence opportunities to aggregate spend and contract jointly are overlooked.

The COLLABORATE functionality fundamentally alters the dynamics of effective collaboration by making it easy to analyse the spend of multiple public sector bodies and identify common suppliers. At a stroke any information advantage held by the supplier is eliminated and a more constructive dialogue relating to real savings is possible. Once your spend data has been enhanced and aggregated then the answers to questions that might uncover opportunities for collaboration are at your fingertips, including:

To arrange a meeting to discuss implementation of the Observatory in your own organisation then please contact us.