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Cut cost (and time) in MAT Procurement Research

Academies are under constant pressure to manage their resources effectively, and procurement is one area where making the right decision can have a significant impact on the school’s budget and performance. To make informed decisions, it’s crucial to conduct thorough research on potential suppliers. While traditional methods of procurement research, such as attending supplier events or sending out lengthy questionnaires, can be effective, they can also be time-consuming and expensive – both in terms of monetary spend and staff hours. That’s where NeXworking comes in.

Speed networking is a structured event where solution providers and academies meet and interact for a brief period, in our case – 13 mins per conversation. The format of speed networking allows academies to meet with a variety of potential suppliers in a short amount of time, providing a cost-effective and efficient way to gather information and compare suppliers.

One of the key benefits of NeXworking is that it enables academies to establish relationships with potential solution providers quickly. These brief interactions can provide a snapshot of the supplier’s values, ethos and level of service. By meeting suppliers face-to-face, academies can gain a sense of whether a particular supplier is aligned with their values and ethos, and whether they can build a long-term relationship. NeXworking enables schools to cut out the research phase – we’ll do the research for you and put the solutions in front of you which elimantes the hours or web research, phone calls and exhibitions.

In addition, NeXworking can help academies to identify the best fit for their specific needs. By meeting with a variety of potential suppliers, academies can gain a deeper understanding of the products and services offered by each supplier and compare them to identify the best fit for their specific requirements.

Finally, speed networking is a cost-effective way to conduct procurement research. Unlike attending multiple supplier events or sending out lengthy questionnaires, speed networking provides a quick and efficient way to gather information and evaluate potential suppliers. This can save academies time and resources while still providing valuable insights into potential suppliers.

In conclusion, speed networking is a valuable tool for academies in their procurement research process. It allows them to meet with a variety of potential suppliers, establish relationships quickly, identify the best fit for their specific needs, and conduct their procurement research in a cost-effective and efficient way. With the ever-increasing pressure on academies to manage their resources effectively, speed networking can be a valuable addition to their procurement research toolkit.

If you’d like to have a chat about how NeXworking can help your MAT, then please reach out to us at hello@nexus-education.com.

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The author

Damien Challenger

Damien is the co-founder of Nexus Education - a collaboration of over 11,000 schools, 500 solution providers and other key figures across the education sector. Nexus encourages, and aids, group collaboration across a number of areas including procurement and training to ensure the best possible outcomes for children in schools all over the UK. Nexus has invested over £100,000 directly into UK schools via #NeXworking.

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