With shrinking budgets and stringent fiscal targets, government and nonprofit organizations are compelled to manage their acquisition spend more closely.
Acquisition organizations must manage their spend portfolio based on organizational priorities and look at the total cost of ownership, not just the cost of acquisition.
By proactively managing their acquisition portfolios, government and nonprofit organizations can lower the total cost of ownership and generate substantial savings in the long run.
With portfolio management services from GEP, government and nonprofit acquisition organizations can effectively analyze, strategize, and manage their acquisition portfolios, driving cost and time savings across the board.
GEP's consultants utilize both commercial best practices and government expertise, and analyze the current spend portfolio to understand what piece of the acquisition budget is satisfying a specific capability. Once this is done, we provide guidance on where the spend should be prioritized within the portfolios to ensure that it aligns with the organizational strategy and goals.
Through our ongoing portfolio management activities, we adjust where the money is spent to align the acquisition spend with the highest priorities of the organization.
With over 15 years of experience in managing acquisition portfolio for hundreds of Fortune 500 and Global 2000 enterprises, as well as government and nonprofit clients, GEP is well positioned to bring commercial best practices specifically tailored for the government and nonprofit workspace. This enables better portfolio management, better acquisition decisions, and increased cost savings.