Contract Management in Procurement

Our deep industry insight will help your team deliver

At Barkers we typically recommend to our clients that contract management should be integrated into their approach to procurement. In our experience, separate functions rarely collaborate sufficiently to maximise the value from their supplier relationships. Ensuring contract management is conducted with the appropriate levels of authority, the balance of risk and relationship context is key to its effectiveness – and a vital element of the overall contract governance. At Barkers we have decades of experience in setting up and managing contracts, aligning all parties to mutually advantageous goals.

A key checkpoint in any company’s journey is the point at which a supplier’s contract terminates and a new tender process can be initiated. It can be an exciting time, perusing supplier proposals which offer a diverse and innovative array of services, but it’s also a time that demands a high degree of professionalism, care, and guile.

As the tendering journey can be a long and complex one, establishing a clear process at least provides signposts and checkpoints that all stakeholders can recognise and work towards. It is surprisingly common to find companies initiating a tender process and essentially improvising their way through to completion.

This all too easily leads to miscommunications, disorganisation, and – ultimately – an unsatisfactory outcome. Although a tender process should be organic, there needs to be a structure which is constant, accessible, and familiar to all bidders and employees involved in its execution. See an example process below.

Our Process

Formation of a Procurement Team

Development of Tender and Assessment Criteria

Creation of the Pre-Qualification Questionnaire (PQQ)

Issuing the Tender

Holding a Tender Briefing Meeting

Initial Assessment

Produce a Supplier Short-list

Organise Presentations, Interviews & Visits

Selecting the winning supplier

Holding the Negotiations

Awarding the Contract

We Specialize in

Leveraging digital tools for Business and Procurement Outsourcing

Global Network

Our global network of procurement and commercial professionals means we can provide professional services to the highest standards where you need them most.

Artificial Intelligence

At Barkers our Digital tools and procurement managed services all incorporate the latest AI solutions.

Business Outsourcing

Our team of experienced practitioners can provide a full managed service to help you manage those tricky tender processes.

Data Mining Techniques

Combining cleansed quantitative and assessed qualitative data, we provide deeper insights into opportunities to increase profit and improve relationships.

Our Core Digital Products and Services

Our core offerings

Digital Dashboard Subscriptions

Or £6,000 for a yearly subscription

^£750^.00 / month

Cloud-based digital tool
Suite of category management templates and data input sheets
Subscription to Microsoft Power BI for instant access
Category experts to get you started and map your data sources
On-site support to drive engagement if required
Remote support available if preferred
Available on monthly or annual subscription

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Skills & Behaviour Assessments

Or £500 for 10

^£75^.00 / each

£75 each or £500 for 10 Cloud-based assessments from our digital suite
Category Management Skills Assessment
Assertion Behaviour Inventory
Negotiation Skills Assessment
Access to global results database
Available as one-off investment or suite of assessments
Tailored training and coaching solutions if desired

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Full Commercial Health Check

Or bespoke packages available

^£10,000^.00 / one off fee

Expert Delivery Directors to conduct your health check
Results available in a cloud-based dashboard
Commercial Health Check Report
Digital Dashboard Analytics
Improvement Plan
On-site support to understand business challenges
Monitor improvements digitally against agreed performance measures

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Register for a free 1 hour coaching session now!

If you are looking for a bespoke solution, please register your details and one of our Delivery Directors will contact you directly to understand your business challenges.

Contract Management in Procurement