Outside of HR/Personnel spending, governments typically spend 10-20% of their budgets on services, materials, and equipment. In public organizations, the costs associated with acquiring materials, supplies, equipment and services is second only to personnel and transfer payments to other governments. The spending pattern often affords significant opportunities for cost sensitive executives to change any or all phases of the Spend Management cycle from sourcing or procuring to paying upon delivery.
In their drive to economize, public managers are showing an increasing willingness to change past procurement-to-pay processes, as many report saving significant sums of money. Many public organizations, helped by SMART professionals, are also reporting they reduce spending - both administrative and purchase costs - by an average of 10-20% annually. The following purhcasing areas are core competencies within SMART: |
Industry Contacts:
Charles Woods
Managing Director
cwoods@smartgrp.com
717-514-9370 |