First Group
€50m turnover
The catchphrase – Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
The context
With a centralised Group Procurement function, as well as operating company-specific procurement representatives, our client had robust procurement practices in place. However, a need was identified to assess, standardise and improve contract management practices across the different Train and Bus operating companies.
Ayming was engaged by the Chief Procurement Officer to support in a group-wide contract management assessment leading to a gap analysis and action roadmap, as well as to develop a minimum contract management standard and process to be rolled out across the Group. Moreover, Ayming were to deliver training to key members of the organisation.
Our contribution/mission
To deliver this project, Ayming mobilised 2 experienced consultants to design an approach consisting of 2 phases. Phase 1 focused on understanding and mapping the status quo leading to a gap analysis against best practice. Phase 2 focused on setting the target, defining a contract management standard, as well as developing & delivering training for stakeholders across the group. To deliver this project, Ayming mobilised 2 experienced consultants to design an approach consisting of 2 phases. Phase 1 focused on understanding and mapping the status quo leading to a gap analysis against best practice. Phase 2 focused on setting the target, defining a contract management standard, as well as developing & delivering training for stakeholders across the group.
To map and diagnose contract management practices across the group, Ayming used our proprietary framework focused on assessing the 5 key stages of contract management, as well as the overall strategy and tools & templates available: To map and diagnose contract management practices across the group, Ayming used our proprietary framework focused on assessing the 5 key stages of contract management, as well as the overall strategy and tools & templates available:
Ayming's training has revolutionised the waysJon Smith, CFO
To map and diagnose contract management practices across the group, Ayming used our proprietary framework focused on assessing the 5 key stages of contract management, as well as the overall strategy and tools & templates available:
To map and diagnose contract management practices across the group, Ayming used our proprietary framework focused on assessing the 5 key stages of contract management, as well as the overall strategy and tools & templates available:
- Creation and authoring
- Negotiation and approval
- Contract execution
- Contract administration
- Analysis & renewal
The results obtained
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reduction in costs
Country teams on the project
Country teams on the project
Future Opportunities
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- Identify opportunities
- Procurement and supply chain diagnostic
- Manage & Change
- Category management
- Transform & Deliver
- Logistics and supply chain optimisation
- Sustain & measure
- Savings tracking and compliance
