WHAT WE DO BEST

WE ARE THE SPEND MANAGERS®

To generate and leverage Spend And Supply Chain Intelligence.
Drive your Sourcing decisions in order to achieve return-on-investment on your Procurement Budget

Spend Management

Consulting Firm Overview

We are the strategic procurement and financial consulting unit of Hyve Management Systems. We leverage the synergy from procurement, data analytics and finance to deliver sustainable business solutions to clients who seek to reduce cost, eliminate waste and improve their bottom-line.

…………Generating actionable intelligence to drive your procurement decisions
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Incline With Our Services

Spend Optimum Solutions

It is a spend management package that comprises a suite of solutions that will enable our clients to deliver on tangible procurement performances. It offers our cherished clients a continuum of procurement solutions to choose from in order to meet their needs.

  • Identify objectives

    Reduce cost, rationalize supplier base, eliminate waste etc.

  • Identify spend data sources

    Base on the above objectives, the data sources are identified

  • Consolidate data

    We conduct mapping of spend data from the identified data sources

  • Clean data

    Eliminate duplicates, normalize data, correct spellings

  • Categorize the spend data

    Group common items

  • Analyze

    identify and apply suitable processes and tools

  • Rince, re-assess & repeat

    Iterate the processes overtime

Our Analytics answer the following;

  • Product

    Which 20% of items accounts for 80% of your spending

  • Prices

    What are the price trends of the 20% of the items identified

  • Quantities

    How much do we buy for each of the 20% of items

  • Suppliers

    With the 20% of items identified, which suppliers are we buying from

  • Business units

    Which depts/units consumes 20% of the items

Consolidating The Human Capital Base For The Procurement And Supply Chain

We provide quality training and recruitment services of high performing procurement professionals across various industries. We monitor and evaluate current procurement and supply chain practices across various industries to identify best practices in order to enrich the human resource base of our clients to deliver in this current dynamic business environment.

Whether you like it or not, procurement and sourcing officers directly affect the cash reserves of an enterprise and as such there is the need to provide the right tools to the right officers to enable them to deliver. They convert company’s cash into goods, works and services by buying on behalf of an enterprise, which means any decision from the department can break or make an enterprise. However, currently, emerging procurement practices solidly places emphasis on BIG DATA which intelligently manages and hedges the spending decisions of an enterprise.

Our courses are tailored for those who are part of the spend decision makers of an enterprise, especially in procurement and finance and for those who want to be competitive on their job and also enhance their employment opportunities.

Get In Touch

Events

Spend Management Summit 2021

Theme: "The Role of Procurement in Nation Building"