Know where your procurement stands. Know where to go next.
Procurement should be more than a function that manages suppliers and processes purchases. It should create value, manage risk and give your business a competitive advantage. The Aspen Vantage Procurement Healthcheck provides a clear, objective view of how your procurement function is performing today — and where there are opportunities to improve efficiency, strengthen commercial practices, manage risk and build a more strategic procurement capability.
Let's Begin the Conversation →A holistic look at your procurement function.
We take a holistic look at your procurement function, commercial landscape and operating model.
Spend & Commercial Landscape
We review your spend and supplier landscape to understand how procurement activity is structured, where spend is concentrated and where there may be opportunities to improve commercial outcomes. The Healthcheck is not a detailed savings exercise — it provides a high-level view of where value may be available and where further investigation could be worthwhile.
- Spend by category, supplier & business area
- Supplier concentration & fragmentation
- Key categories & areas of spend
- Contract & commercial coverage
- Current sourcing & negotiation practices
- Areas that may warrant deeper analysis
Supplier & Commercial Management
Your suppliers can be a source of value — or risk. We assess how suppliers are selected, managed and governed, including the strength of your commercial relationships and contractual framework.
- Supplier segmentation & criticality
- Strategic supplier relationships
- Contract coverage & key commercial terms
- Supplier performance management
- Third-party risk considerations
- Renewal & negotiation practices
Processes & Governance
Effective procurement doesn't have to mean layers of bureaucracy. We assess how work gets done today and whether your processes and governance are enabling the business or creating unnecessary friction.
- Procurement processes & workflows
- Buying channels & approval processes
- Roles & responsibilities
- Policies & governance
- Stakeholder engagement
- Opportunities to simplify & improve adoption
Organization & Capability
The right operating model and capabilities are critical to building a procurement function that can scale with the business.
- Procurement organizational structure
- Roles, responsibilities & capacity
- Skills & capabilities
- Operating model
- Centralized vs. decentralized activities
- Alignment between procurement & business priorities
Strategic Alignment
Procurement should support where the business is going — not just manage what it buys today. We assess how procurement is aligned with broader business objectives, including growth, cost management, risk and organizational priorities.
A practical picture of where to focus next.
At the end of the Healthcheck, you'll have a practical picture of where procurement is today, where the key opportunities are and what to focus on next.
Procurement Health Assessment
A comprehensive assessment across the key dimensions of your procurement function — an objective view of current capabilities, strengths, gaps and areas for improvement.
Procurement Heat Map
A visual representation of your current state across Spend, Suppliers, Contracts, Processes, Organization, Governance and Strategy — an easy-to-understand view for leadership.
Key Opportunity Areas
A high-level view of the most relevant opportunities identified — cost, supplier optimization, process improvements, governance, risk, capability and strategic alignment.
Priority Actions
A practical set of recommended priorities based on the findings, helping you determine what to address first and what may need deeper analysis.
Procurement Roadmap
A prioritized roadmap outlining the actions, initiatives and capabilities required to move procurement forward.
Executive Readout
A leadership-level presentation summarizing findings, key opportunity areas and recommended next steps — for your CEO, CFO, COO or leadership team.
From assessment to action.
The Healthcheck isn't designed to sit on a shelf — it gives you the clarity to decide what comes next. Depending on what we uncover, Aspen Vantage can support the next stage: deeper category or spend analysis, sourcing and negotiations, supplier optimization, process improvement, operating model development or broader procurement transformation.
Built for businesses at an inflection point.
Growing Quickly
Your procurement practices haven't kept pace with the business.
Scaling After Investment
You need greater visibility, governance and leverage as the organization grows.
Integrating an Acquisition
You need to understand the target's procurement landscape and identify opportunities and risks.
Experiencing Cost Pressure
You need to understand where procurement can contribute to efficiency and value.
Considering a Transformation
You know procurement needs to evolve but aren't sure where to start.
No Formal Procurement Function
You want to understand what you're missing before deciding what capability you need.
You don't need to transform everything at once.
Start by understanding where you are, what's working, where opportunities exist and where to focus first.
Let's Begin the Conversation →