Services

Miraculum Strategic Procurement

Historically MRO-type procurement functions within corporates have suffered from two major shortcomings: a lack of accurate information and a lack of resources. Miraculum Strategic Procurement harnesses its extensive hands-on experience in corporate procurement, procurement best practice methodology and best of breed technology to offer a suite of solutions which address legacy procurement issues.

The Miraculum Strategic Procurement suite of services are:

Strategic Sourcing

Strategic sourcing is a disciplined, systematic process for reducing the total cost of externally purchased materials, products and services while maintaining or improving levels of quality, service and technology.

The objectives of strategic sourcing are to:

Reduce total acquisition cost - this involves more than just price

Optimise corporate spend

Contribute to a company's profitability

Promote efficient supply chains

Provide enhanced reporting and management information

Realign the business process and redesign work and information flow to eliminate redundancies and non-value-added work


Aggregation

Miraculum brokers agreements between groups of buyers and suppliers of specific common goods or services. Miraculum Xchange is used to track spend from the buying group. Reporting facilities enable Miraculum to monitor the performance and compliance to the agreement, managing the commercial and contractual risk.

Consulting Services

Miraculum Consulting Services include:

Spend analysis

Contract review (including contract commitments per supplier, per category as well as contract periods)

Service Level agreement analysis per supplier

Reviews of supplier and item performance according to pre-agreed performance levels and specifications

New contract negotiation

Supplier selection …. and more.

Outsourced Procurement

This is the management of all procurement needs by a team of Miraculum experts who :

Will be the formal intermediary, entering into contracts with both the buyer and supplier

Buy from the supplier and resell to the buyer, invoicing the buyer directly and paying the supplier

Enable procurement transactions through Miraculum Xchange.

This solution enables organisations to outsource the non-core function of MRO procurement at a fixed cost. The service is independently benchmarked against international standards to ensure competitiveness.

Specialised Services

Miraculum partners with strategic alliance partners to offer services that enhance the procurement function and ensure that jointly, significant value is added. Examples of these services are:

Travel Management
 
Asset Management

Benchmarking services

Office Automation outsourcing … and more.

SMME Solution

Miraculum has an alliance with TradeWorld, the supplier focused e-commerce trading portal in the Johnnic group, to bring corporate South Africa and small, medium, micro, and black empowerment enterprises together in a secure, online trading environment.

The solution leverages Miraculum's ability to track spend from different suppliers, enabling corporates to monitor and prove compliance with the Preferential Procurement Act which states that SA companies tendering for public sector contracts must have proven business transactions with "Historically Disadvantaged Individuals" (HDIs).

To download the product overview click here.