Contract Management in Procurement

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
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
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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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

Contract Management Lifecycle Process