Drilling down to give you a thorough objective view of your non-pay spend through qualitative and quantitative analysis
Procurement Value Assessment (PVA)
The Procurement Value Assessment (PVA) will help you pinpoint areas for potential savings and target value-adding opportunities.
We’ll provide dedicated resources and objective ideas to help you refresh your procurement processes and make your non-pay spend work harder.
How a PVA will benefit your organisation
Thorough objective review
Sector benchmarking
Helping you to better understand your organisation’s procurement maturity measured against the wider sector
Uncover hidden savings
Providing a summary report of potential savings to enhance the financial health and future stability of your university
Evaluate savings opportunities
Reviewing the potential costs, benefits, and implications for the organisation of potential savings
Maximise efficiency
Develop a value delivery plan to focus on the priority savings areas without compromising on quality
Build your action plan
Setting agreed timelines, actions, and outputs to make your savings plan a reality
Organisation engagement & commitment
Building trust, understanding and buy-in with key stakeholders to make sure your procurement strategy can make a lasting impact
Our PVA team
Speak to our team to see how you could get greater value from your non-pay spend today.
How does it work?
Our Business Intelligence team produce a range of in-depth reports, allowing us to conduct a thorough assessment. This can be anything from comparing category spend levels across similar size universities to how much comparator universities spend on Framework Agreements.
These insights, used alongside the sector Procurement Value Survey (PVS) and Procurement Performance Indicators (PPI’s), help benchmark your procurement efficiency and effectiveness.