Unlock Your Company's Procurement Potential with GPC
GPC provides expert procurement services
ABOUT GLASS PROCUREMENT CONSULTING (GPC)
GPC works with companies to understand their pain points and priorities during any phase of procurement maturity. With a strong focus on high impact projects, GPC’s value can be clearly measured while establishing an agreed timeline for implementation.
MEET MIKE GLASS
Mike is a procurement leader with experience working in senior procurement management positions that includes NVIDIA, Google, Meta, Fitbit, Delta Dental, and Flextronics. Each of these companies were at different phases in their procurement maturity.
Mike resides in Woodside, California, with his wife, Kathy. They have two children with successful careers: a daughter at a Fintech startup and a son at a Healthcare startup. Mike swims a mile nearly every day with his goal to swim from Alcatraz to San Francisco. Also, he is an avid photographer who enjoys doing photo shoots for relatives and friends.
SERVICES
Empower Your Business for Success with GPC's Comprehensive Procurement Services
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Key procurement metrics to consider are cost savings, procurement cycle time, managed spend, % preferred, and % competitive bids over a certain PO $ threshold.
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GPC has designed/implemented processes including cost savings tracker, competitive bids, sourcing, spend category reviews w/ stakeholders, taxonomy, PR execution, preferred suppliers, expense reimbursement reviews, and travel workflow approval.
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A simple spend analytics solution can be implemented within 1-2 months by doing an extract of payment data, normalizing this data, and just using excel/google sheets as a front end. A longer term solution can be implemented with more robust data normalization and using a report writer.
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Through business process management, focus on the key procurement processes: sourcing, supplier setup, infosec, contract, PR/PO, and invoice. Understand the filter process when a process is optional, and understand the critical path items.
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A company may want to consider low cost resources for procurement support through a BPO or a shared services model (company internal resources in a low cost country).
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Key procurement policies are T&E (travel & expense), procurement, pcard, and contract policies.
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At the beginning of each year it is beneficial to set up a meeting with the key stakeholders to review the spend for the business unit by cost center, by supplier, by entity, by category, including contract pipeline, etc.
These meetings can be quite powerful to have a dialog on what has been spent and what the pipeline looks like for new and renewal deals with suppliers going into the new year.
SCHEDULE PROCUREMENT ASSESSMENT
Mike will work with you to understand your procurement needs through meeting with procurement and your cross functional teams.
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The Process Includes:
Meeting with sponsors
Meeting with procurement team:
1x1s w/ support teams (Finance, Legal, Infosec, AP, etc.)
1x1s w/ stakeholders
Spend time on processes/tools
Spend time reviewing metrics
Spend time reviewing policies
Spend time on communications, L&D
Draft assessment/recommendations
Recommendations, $ impact, timeline to implement
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The Procurement Assessment can likely be completed in 1 month with approximately 30-50 hours of GPC effort.
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