Retearn

Having grown quickly through acquisition Azets developed a large disaggregated supply base with over £100m supplier spend yet had no formal Procurement function. Azets partnered with Retearn to quickly embed and operate a Group Procurement Service and the supporting infrastructure to reflect the company’s new scale and size, whilst supporting future growth. Within 9 months Retearn delivered a step change in procurement across Azets, delivering over £2.0m savings plus the following additional benefits:

• Procurement governance established
• Spend/Contract visibility and compliance reporting 
• Supplier due diligence and risk management processes
• Source-to-contract system implemented
• 28% supplier reduction
• 35% invoice reduction