Based on our experiences of working with over 120 companies across many industries, partnering with a procurement service provider is a proven strategy to help your business achieve your strategic goals and drive measurable results. We spoke with our Business Growth Team to explore the many reasons behind the conversations with C-Suite and leadership teams that they have, and the changes that leaders are looking to drive.
When we focus into the core reasons business leaders engage with our services they are generally focussed across some or all of the following
Enhanced Focus on Core Competencies
One of the most common concerns I hear from CFO’s and COO’s is the sheer amount of time and resources consumed by managing indirect procurement. In growing businesses this has often been left to develop organically and attempting to tackle it can feel like a monumental task. By partnering to regain control of this function, organisations can redirect their internal teams to focus on core business objectives. This allows leaders to dedicate more energy to strategic initiatives like business growth, customer experience, or innovation, while leaving the complex, time-consuming procurement activities in expert hands.
Cost Savings through Expertise and Scale
When talking to procurement leaders, the challenge of achieving consistent cost savings often comes up. Companies like Ebit bring deep market expertise, industry insights, and up to date benchmark and supplier knowledge to the table. This allows us to:
Secure Better Deals: With a strong understanding of market trends and benchmarks, Ebit negotiates optimal pricing and terms on your behalf.
Leverage Economies of Scale: Acting as a centralized purchasing hub, Ebit can aggregate demand across multiple sites, identifying commonality, unlocking discounts and pricing advantages that might not be available to individual business units. In many cases, we’ve seen companies achieve considerable savings within the first months of an engagement and our ROI remains at 5:1
Access to Advanced Tools and Technologies
For many leaders, investing in the latest procurement technology is a daunting financial and operational hurdle which may distract from their core focus. By partnering with a company like Ebit, you gain access to cutting-edge tools and analytics without the hefty upfront investment. These tools include:
Spend Analytics: To identify cost-saving opportunities and uncover inefficiencies.
Automation Tools: To streamline procurement workflows, reduce errors, and accelerate purchase cycles.
Contract Management: Providing real-time insights into contract compliance, pricing trends, and risk factors.
Carbon Reporting Tools: Providing insight and reporting into emissions across all industries, suppliers and regions
This technology enables procurement decisions to be faster, smarter, and more data-driven.
Accelerated Sustainability and ESG Initiatives
Sustainability is no longer optional; it’s a business imperative. From my discussions with CFOs, I’ve learned that balancing cost efficiency with ESG goals is a significant challenge. Companies like Ebit help solve this by:
Conducting supplier assessments to ensure alignment with ethical and sustainable sourcing standards.
Helping businesses source eco-friendly alternatives to traditional products and services.
Consolidating suppliers to minimize the environmental impact of logistics.
By working together we help companies fast-track their sustainability goals and ensure compliance with ever-evolving ESG regulations.
Mitigation of Economic and Supply Chain Risks
Economic volatility and supply chain disruptions are top-of-mind for nearly every leader I’ve spoken with. There are significant pressures coming down the line in the UK with the rise in NI contributions at the forefront of business concerns, not to mention the ongoing geo-political crises that are impacting supply chains globally.
Ebit’s expertise in risk management helps ensure:
Proactive Supply Chain Resilience: By identifying potential risks and implementing contingency plans, they help businesses stay operational even during unexpected disruptions.
Inflation Control Strategies: From dynamic pricing negotiations to alternative sourcing solutions, Ebit helps mitigate the impact of rising costs.
Supplier Consolidation and Management
Many organizations we work with struggle with a bloated supplier base, leading to inefficiencies and missed cost-saving opportunities. Ebit helps leadership teams and stakeholders address this through:
Vendor Rationalisation: Streamlining the supplier base to focus on high-performing, cost-effective vendors. Many companies struggle to identify and quantify the vendors that are performing well, let alone maximise their engagements with them.
Performance Monitoring: Ensuring suppliers meet agreed KPIs, leading to better service levels and fewer disruptions. Ongoing Supplier Relationship Management is essential to ensure continued improvement and access to the latest innovations in any market
The result is a more agile, efficient procurement process that reduces complexity and improves outcomes.
Speed and Flexibility in Procurement Operations
In today’s fast-changing business environment, flexibility is crucial. When we speak with leaders about their biggest frustrations, they often cite the slow pace of traditional procurement operations or the tendency for it to become a glorified administration function. By outsourcing to Ebit, companies gain access to:
Rapid Scalability: Procurement efforts can be scaled up or down depending on business needs. Access to the right Subject Matter experts at the right time for your business is essential to maximise the impact of any projects.
Agility in Decision-Making: Ebit’s expertise and infrastructure enable quicker responses to market changes, whether it’s sourcing new suppliers or renegotiating contracts.
Measurable Results and Continuous Improvement
One of the most compelling reasons CFOs choose partnership with us is the ability to track clear, measurable outcomes. We have the flexibility to operate on subscription based, flat fee or performance-based contracts. We work with you to deliver against your goals, including
Achieving predefined cost savings targets.
Improving supplier performance metrics.
Delivering enhanced operational efficiencies.
By regularly reviewing performance and adapting strategies, Ebit ensures continuous improvement in procurement processes. We also work with our clients to maximise their return on every project we engage with them on, and this continues to be reflected in our average ROI of 5:1
Partnering with a company like Ebit means businesses and organisations can achieve their procurement goals faster, more efficiently, and with greater confidence. Whether it’s driving cost savings, enhancing sustainability, or mitigating risks, we empower partner businesses to focus on what they do best while leaving the complexities of procurement to the experts.
Work with us?
Are you looking to drive value to your business? It may be to offset increasing costs elsewhere or to free up time and budget to focus on your strategic goals. If you recognise that improved procurement practices and performance can be a driver to this, we would love to talk with you, understand the challenges you face and the opportunities these bring to drive your business. Our average client ROI remains 5:1
We’re proud of the clients we work with and the projects we have completed. The savings and service improvements we have delivered have helped many companies add value to their bottom line. Our average ROI remains 5:1 across our client engagements. If you want to find out how we can make a difference to your business start the conversation.
