Avida has a team of astute procurement specialists and global partners that are committed to your business success whenever it pertains to procurement services. Our team is highly proficient in sourcing a wide range of products and takes delight in exceeding clients' expectations on service delivery excellence and cost-effectiveness.
At Avida, we are fully aligned with our clients' overall business goals, which often include reduction of total cost of ownership (TCO). We therefore make conscious efforts to assist our clients achieve their TCO and any other procurement-related goals. We also take time to understand our clients' policies and procedures on procurement related matters and try as much as feasible, within procurement best practices to ensure that we work in accordance.
Avida procurement service provides a procurement model that combines technology, staff, and expertise to handle a portion, if not all, of your organization's procurement function. Technology helps them see what you're spending money on, and where you will likely be able to find savings.
Cost savings can be captured through supplier and contract management negotiations, competitive bidding through RFPs, process efficiencies, greater supply chain management, and greater budgetary controls. These are the areas where real value can be delivered, as project-based work can be one of the most significant spend categories for human capital within an organisation. It’s critical those services are purchased as cost effectively as possible.
Having subject matter experts manage the bidding allows for quality improvements. This happens through tracking supplier performance and optimisation, a more robust RFP process, detailed spend analysis, and the ability to report on deliverables.
Managing services procurement through an MSP/VMS enables procurement to become more strategic to the business. This is achieved by freeing up time they would spend trying to manage multiple projects and services throughout various business lines.
Centralising services procurement gives you greater control and visibility over this category of spend. It can also mitigate security risks, increase compliance to any milestones in place, and ensure suppliers comply with all company policies. Worker misclassification is one of the biggest risks companies face, which can be more difficult to track and manage without centralisation. This can result in severe monetary penalties. Additionally, it opens organisations up to liability with respect to state and federal wage and hour laws, overtime implications, employment tax and workers’ compensation issues, and employee benefits concerns.
MSP and VMS organisations can offer industry best practices collected from managing other clients’ services procurement spend. Knowledge sharing and offering lessons learned allows businesses to get the most out of their purchasing processes, negotiating best buys, and offering an edge over the competition.