M&S provides specialized Procurement Audit service to assess procurement processes and procedures and their effectiveness and works together with customer to simplify them to save time for delivery of high set of goals and targets.

The Procurement Audit is to assess the wellbeing and flexibility of Procurement function to react to requestor needs in accordance to annual Procurement Plan. M&S helps to develop strategy to improve consistently improve procurement process and identify new advanced opportunities to deliver performance objectives.

The Procurement Audit to deliver benefits through.

  • Identification of Spend under Managementand Cost Saving Projection
  • Using Procurement Plan and Category Management concept cost savings are projected to target by procurement professionals
  • Identify goods and services to benefit from E-Auction tools
  • Post-Contract management
  • Evaluate commercial and legal terms of existing contracts to work towards partnership perspectives for cost reduction initiatives
  • Conduct QPR to identify opportunities for improvement