The Procurement Group

What The Procurement Group does

The Procurement Group (legal entity: The Procurement Company UK Limited) is a London-based procurement consultancy founded in September 2003 by Simon Unger, who remains the sole director. The firm is a privately held, bootstrapped limited company registered in England and Wales, operating with an 11–50 person headcount from its registered office at 124 City Road, London. It serves exclusively UK-based clients and focuses narrowly on non-core indirect overhead categories such as energy, telecoms, waste, office equipment, card processing, and consumables. The primary customer segment is UK mid-market businesses turning over £10m–£100m with at least £500,000 of annual services and supplies spend, typically multi-site or operationally complex. Named reference customers span retail (Richer Sounds, Timpson), professional services (Loughton Contracts, United Synergies), and the charity sector (Norwood Care).

The firm's core offering is The Overhead Advantage System, a services-led framework that combines detailed spend analysis, live market benchmarking, supplier aggregation, negotiation, and ongoing invoice/contract monitoring to deliver claimed cost reductions of 15–30% in targeted overhead categories. The offering is operationalized through specialized procurement areas (energy, waste, transport/travel/fleet, printers/photocopiers) and a complementary free 17-minute overheads review used as a sales-funnel entry point. There is no disclosed proprietary software platform, no APIs, no AI/ML components, and no app; the technology stack is described in terms of process, benchmarking data, and supplier-aggregation capability rather than software IP. Supporting processes include supplier management, bill validation, and a savings audit service.

The commercial model is fully outcome-based: fees are linked to savings delivered, paid quarterly in arrears, and set to zero if no savings are achieved. Distribution is sales-led and UK-domestic-only, using a mix of direct field sales, inside sales via Zoho Bookings, content marketing (blog, daily UK Gas & Electricity Market Alert), and organic social media to reach CFOs and Finance Directors. The company has never raised external capital and reports no subsidiaries, M&A, or leadership changes since inception.

Name

The Procurement Group

Legal name

The Procurement Company UK Limited

Website

https://procurementgroup.co.uk

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

The Procurement Group is a London-based, founder-led procurement consultancy that reduces non-core overhead costs for UK mid-market businesses (£10m–£100m turnover) by 15–30% through spend analysis, supplier aggregation, and outcome-based fee engagements under its Overhead Advantage System.

Ownership category

akta.pro rank

Product category

Procurement Consulting Services

NAICS

Business Support Services (5614)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Procurement & Strategic Sourcing (BPAHAHAB)

akta.pro secondary industries

Spend Analytics & Reporting Support (BPAAAJAJ), Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC), Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions) (BPAAAJAK)

Keywords

• Procurement outsourcing
• Indirect cost reduction
• Supplier consolidation services
• Overhead benchmarking consultancy
• Spend analysis consulting

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Savings-Linked Fees: Fees are linked directly to savings delivered. If no savings are delivered, no charge is applied. Payment is collected quarterly in arrears. This performance-based model aligns company incentives with client outcomes.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

The Procurement Group provides outsourced procurement and cost-reduction consulting for UK mid-market businesses, delivering The Overhead Advantage System—a structured service that diagnoses indirect spend, benchmarks against live market rates, negotiates with suppliers, and defends savings through ongoing contract and invoice management. Services span overhead categories including energy, telecoms, waste, office supplies, copiers, card processing, transport/travel/fleet, and professional services, with fees tied directly to savings delivered on a no-savings-no-fee basis.

Product overview

The Procurement Group offers The Overhead Advantage System as its core platform—a comprehensive procurement management service for UK mid-market businesses (turnover £10m–£100m) with £500k+ annual overhead spend. The system combines spend analysis, live market benchmarking, supplier negotiation, and ongoing contract management to deliver 15–30% cost reductions across targeted overhead categories. Supporting services include Procurement Management, Cost Reduction, Supplier Management, Bill Validation, and Savings Audit. Specialized procurement offerings cover Waste Management, Transport/Travel/Fleet, and Printers/Photocopier services. The company also provides a 17-minute overheads review as an initial assessment tool. All services are delivered on a 'no savings, no fee' commercial model.

Differentiator

Problem solved

Functional benefit

Products and services

• The Overhead Advantage System The core procurement management service for UK CFOs that analyses indirect spend, benchmarks against live market rates, negotiates with suppliers and manages ongoing contracts to reduce overheads by 15–30% in targeted categories while preserving service levels, governance and supplier relationships.
• Savings Audit Diagnostic review engagement that examines current overhead spending patterns and contract positions to identify cost reduction opportunities across utilities, telecoms, waste, office supplies, copiers, card processing, transport and professional services.
• Waste Management Procurement Specialist procurement service for waste streams covering waste assessment, recycling management, collection frequency optimisation, and contractor selection from approved licensed waste disposal partners covering general, clinical, green, electrical and printer cartridge waste.
• Transport, Travel and Fleet Procurement Category procurement service for vehicle procurement, travel expense analysis, negotiated rate agreements with travel suppliers, and private jet charter/purchase support for UK mid-market organisations.
• Printers and Photocopier Rental and Maintenance Procurement Office equipment category procurement service covering review of existing printer and photocopier contracts, usage analysis, buy-versus-lease assessment, and securing supplier quotes from vetted photocopier and printer providers.
• 17-minute Overheads Review Complimentary entry-point assessment delivered over phone or video conference that provides UK CFOs and Finance Directors an honest, no-obligation indication of potential overhead savings without preparation or hard selling.

Quantifiable outcome

• 15–30% cost reduction in targeted overhead categories
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Approved Waste Disposal ContractorssupportingOthersThe company works only with fully approved and licensed waste disposal contractors who have demonstrated safe, reliable, and professional service. These contractors cover a wide range of waste disposal and recycling capabilities including general waste, clinical waste, green recycling, electrical equipment, and printer cartridges. The company monitors performance closely.

Scale indicators6 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• Proxima Group: UK-headquartered procurement and cost-transformation consultancy serving mid-market and enterprise clients on indirect spend optimisation — the closest direct competitor to The Procurement Group's overhead-reduction proposition.
• Efficio: Specialist procurement consultancy with strong UK roots that delivers spend optimisation, sourcing and procurement transformation engagements for mid-market and large enterprises.

Broad incumbents

• Hackett Group: Global advisory firm with a dedicated procurement and spend optimisation practice that benchmarks indirect spend and drives cost reduction for large enterprises, overlapping with The Procurement Group's value proposition at the larger end of the market.
• KPMG Procurement Advisory: Big Four advisory practice offering strategic sourcing, procurement transformation and indirect-spend cost-reduction services to UK and global mid-market and enterprise clients.
• PwC Operations and Procurement Consulting: Big Four practice delivering procurement strategy, sourcing and cost-optimisation mandates; competes for the same UK CFO buyer on overhead cost reduction.
• Bain & Company Operations Practice: Global consulting firm with a procurement and operations practice that delivers overhead and indirect-spend cost-reduction work for large UK and international clients.
• McKinsey Operations Practice: Global management consultancy with a procurement and supply-chain capability addressing indirect cost reduction across enterprise client bases.

Emerging players

• Buyers' Quest / Proove: UK-focused procurement services specialists serving mid-market businesses on cost reduction and supplier management — a comparable boutique challenger to The Procurement Group.
• SpendHQ: Procurement analytics platform providing spend analysis and benchmarking capabilities that complement or partially substitute for The Procurement Group's manual spend-analysis services.

Others

• Jaggaer: Source-to-pay and procurement software provider serving mid-market and enterprise customers; adjacent to The Procurement Group as the technology layer that procurement consultancies often implement or compete against.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ProcurementGroup
• LinkedInlinkedin.com/company/procurement-group
• Xx.com/ProcurementGrp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Procurement Group