Gloopro Procurement Systems (UK) Limited uses a Managed Service Provider (MSP) model to provide Procurement-as-a-Service (PaaS) solutions to large enterprises, international oil companies and multinational corporations in Nigeria and Africa, to radically transform their Indirect Spend Procurement.
Trusted by International Oil Companies (IOCs) and Other Multinationals
Gloopro has worked with our company in our business operations in Lagos, Ibadan and Iseyin. We have had no cause to doubt the company's abilities. Service is satisfactory.
Toluwalope Ige
Facilities Engineering
Gloopro uses a Managed Services Procurement (MSP) model–the procurement industry’s version of Business Process Outsourcing (BPO)–in the Indirect Spend Procurement vertical, enabling Gloopro to offer her procurement outsourcing solution and services to Multinational Corporations (MNCs) across all industry sectors in Nigeria and Africa, especially International Oil Companies (IOCs)
The Problem
IOCs & MNCs dedicate more than 43,000 man-hours to the procurement of various categories of products and services with which to run their businesses and serve their customers.
They work with hundreds of category suppliers in a complex mesh of slow, inefficient, failure-prone legacy approaches for fulfilling their indirect spend procurement requirements, which are therefore fraught with delays and disappointments.
They spend as much as $53million directly on the recurrent material and capital inputs into their yearly operations, with as much as 10% of these being lost to inefficiencies, shenanigans, "padding" and outright fraud.
The Solution
Connects all vendors, warehousing, products and delivery logistics in one simple, seamless interface, radically minimising the human resource inputs (procurement staff) required to execute the indirect spend procurement processes of IOCs & MNCs.
Streamlines interactions with suppliers and partners into a process flow that is easily available organization-wide, responsive, auditable, event-driven and performance-based.
Drives cost down by cutting down man-hours required for the procurement function, preventing shenanigans and deterring fraud. As much as 80% saved from legacy indirect spend procurement costs, up to 67% reduction in cycle time from requisition to delivery and reduce procurement process errors to as low as 0.16%, that is, 99.84% Quality of Service (QoS)!
Automated procurement workflows, purchase approvals, and spend analysis
Optimized vendor selection, contract management, and cost control
Simplified supplier onboarding, compliance tracking, and centralized database
Reliable, country-wide delivery and real-time tracking
We integrate the Gloopro Cloud Procurement Engine (GCPE) directly into the existing workflows and ERPs of IOCs & MNCs. Below are the ERPs we have integrated into:
We integrate a simple ordering system directly into existing workflows and ERPs of IOCs & MNCs
Client-customized internal catalogue selected and punched out from within client's ERP. Purchase Order issuance is automated and instant.
We manage logistics and delivery in conjunction with our delivery partners, right to the business locations on a 2-4 day delivery basis country-wide.
These IOCs and MNCs have trusted us with revolutionizing their indirect spend procurement
Oil & Gas Industry
Oil & Gas Industry
Oil & Gas Industry
FMCG Industry
FMCG Industry
FMCG Industry
FMCG Industry
The Leading Technology Showcase & High-Level Conference for Procurement Professionals with Expert Insights and Curated Content
