Services
Managed Sourcing and Procurement
A technology-enabled partnership to manage your sourcing lifecycle from demand intake through to contract signature.
Overview
This human-and-technology based service is designed to handle repetitive procurement tasks more efficiently than traditional labour-based models. Beacon manages the RFx lifecycle—demand intake, document drafting, compliance checks and contract execution—using LightHub templates and AI modules.
Cross-functional teams (procurement, legal, technical) can scale from advisory support to fully outsourced sourcing. Through our managed service we are able to provide a dedicated team of consultants and lawyers, suitable to the client’s resourcing and capability needs. Using technology and tried and tested processes, we ensure that our team effectively becomes an extension of your procurement and legal functions, assisting with daily volumes of commercial and contract needs.
With this approach, our managed service solutions enable you to manage high volumes of procurement, sales and other commercial contracts in a smarter and more cost-effective way by driving efficiencies into the end to end contracting process - from intake of instructions, triage, risk review, drafting, negotiation, execution and post signature contract management.
We find that an intelligent design is at the core of a successful managed service. Before commencing, we engage with you to fully understand your needs and objectives as this enables us to design a workflow system to best deliver against them. To optimise the service we draw on materials, processes and technology that our team has developed over the course of several years, with continuous improvement always built in.
Ultimately our managed service is designed to enable clients to focus on more strategic business matters and to control the daily barrage of procurement and legal requests.
Key Offerings
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Intake & demand triage
Centralised collection and prioritisation of sourcing requests
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Template & clause library
Standardised RFx and contract templates with built-in legal clauses
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Document creation engine
AI-generated RFx documents and proposals
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Automated compliance & risk checks
AI tools to anonymise bid documents, validate compliance and generate evaluation reports
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Supplier communications management
Integrated communications and Q&A with suppliers
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Analytics dashboards
Real-time dashboards showing cycle times, savings and performance metrics
Our Team
Beacon takes a "pack-hunting" approach. Our cross-functional team of procurement, legal and technical experts guides the sourcing process from start to finish. AI tools streamline tasks like RFP creation, supplier engagement, evaluation and negotiation, while human oversight ensures all outputs are tailored to each client's context.
Beacon Consulting leverages LightHub to enhance procurement and contract management. Key modules include Template Generator for quickly creating standardised documents, Clause Library for accessing a curated repository of clauses for consistency and compliance, Risk Scoring to assess and highlight contractual risks, and Anonymisation to protect sensitive data while analysing documents.
All AI outputs are reviewed by our experts, ensuring insights are accurate and tailored to your context.
Outcomes & Benefits
Our services deliver significant value through accelerated sourcing cycles, consistent high-quality documentation, reduced processing costs, minimised contractual and commercial risks, and freeing internal teams to focus on strategic priorities.
Our services are offered through flexible, modular pricing—choose from fixed, output-based, or performance-based models to suit your needs.
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