Provident Procurement is an offshore procurement company that sources products for mining, infrastructure, engineering, renewable energy, and civil sectors in Africa. It offers procurement, quality assurance, logistics, and project management services. The company aims to identify cost savings opportunities and streamline procurement processes for clients. It has offices in Mauritius, South Africa, Hong Kong, and China to serve customers across Africa and Asia.
2. COMPANY PROFILE
PROVIDENT PROCUREMENT
Index
1. Introduction ..........................................................................
2. What do we do? ...................................................................
3. Main Products & Sectors .....................................................
4. Serivces ..................................................................................
5. Mission, Vision & Core Values ...........................................
6. Regions of Operation & Contact Details ..........................
P1
P2
P5
P4
P3
P6
3. COMPANY PROFILE
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1
INTRODUCTION
Procurement often gets dismissed as a minor contributor to the bottom line and
is therefore mistakenly neglected by some companies. But with the current eco-
nomic environment on all fronts, procurement has become more of a necessity
than ever before. Traditionally companies focus on labor cost to reduce overall
spending within an organization, however, focusing on labor doesn’t do much to
reduce annual expenditure. Looking at purchased stock and items is where one
can generate real savings.
In a typical business, the total value of items purchased ranges from 50-80% of
the total operating cost. Included in this cost are design, quality level, and deliv-
ery performance.This suggests that what is being procured is not the actual item
but the costs involved in its production and distribution. To excel in bottom line
results, companies must firstly understand the overall function of procurement.
Procurement isn’t just about finding suitable suppliers, taking delivery and
paying. Procurement is a strategic approach where companies are required to
evaluate their spending, determine their non-core activities and how these
expenses are going to impact their annual expenditure.
In doing so, the company can decide how to deploy resources to acquire opti-
mum value and generate savings for the business. If you consider the procure-
ment process holistically, a range of opportunities presents itself to the business-
es. The risk regarding supply assurance can be avoided, legal exposure, commer-
cial issues, enhance sourcing and increase cost efficiency, and establish better
4. COMPANY PROFILE
PROVIDENT PROCUREMENT
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What We Do
Provident Procurement is a leading offshore procurement company
that draws from extensive experience to offer complete supply solu-
tions. We offer a wealth of industry knowledge and technical advice
during the procurement process.
Footholds in multiple locations worldwide allow Provident to accom-
modate requests for any size project requirements, to any international
location. Intense competition in the marketplace forces organizations
to continually look at new and innovative ways to meet investor expec-
tations. Our procurement services assist our clients in addressing these
requirements.
The identification of non-conforming procedures and equipment and
real-time, onsite correction provides our customers with a means of
achieving major reductions in overall operating costs. During the
preparation and qualification of equipment, many variables contribute
to quality issues including personnel training, tight deadlines, limited
inventory and pressure on profitability. As a result, the client may
assume risks which are essentially outside their control.
5. We successfully supply the Mining, Infrastructure, Engineering,
Renewable Energy and Civil Infrastructure Sectors
·Steel Products
·HDPE & Irrigation
·Building Products
·Mineral Processing Equipment
·Containers & Container Solutions
·Solar & Renewable Energy Products
·Health and Safety Equipment (PPE)
·Prefabricated and Flatpack Housing
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·Metal and CNC Machining
·Plastic Injection Molding
·Electrical
·Bearings
·Heavy Equipment Spares
·Grinding Media
Main Products & Sectors
6. - Logistics and Supply Chain Management
- Procurement - Source and Supply
- Quality Assurance & Quality Control
- Product Development
- Project Management
Suppliers often make bold claims about their facilities, equipment,
production capacity, and internal quality control procedures in
order to win your business.
Typically, the only way to verify such claims is to visit your supplier
and observe their capabilities firsthand. Provident does exactly this,
using this procedure as a starting point in dealing with our suppli-
ers with the goal of quantifying their level of professionalism and
production capabilities.
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Services
7. COMPANY PROFILE
PROVIDENT PROCUREMENT
Mission,Vision & Core Values
Mission Statement
To offer our clients with a total cost saving and streamlined procure-
ment solutions. We are firm believers that the procurement side should
stay tightly connected with all its vendors to maintain excellent part-
nerships built up over many years. This allows us to effectively negoti-
ate the cost of goods and services, ultimately giving us an added ad-
vantage over our competitors.
Vision
By maintaining low overheads and by keeping Provident a tight-knit
company, we envision ourelves being one of the top procurement
houses in Africa.
Core Values
We believe in treating our customers with respect and faith. To grow
through creativity, invention, and innovation. Provident integrates
honesty, integrity and business ethics into all aspects of our business
functioning. We conduct business by the highest ethical standards
possible, and in compliance with all applicable international laws,
always striving to be a respected corporate citizen worldwide.
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8. COMPANY PROFILE
PROVIDENT PROCUREMENT
Africa
Angola, Burkina Faso, Botswana, Congo, Cote d’Ivoire, DRC,
Eritrea, Ghana, Guinea, Kenya, Liberia, Mali, Mauritania,
Mozambique, Nigeria, Senegal, Sierra Leone, South Africa,
Tanzania, Western Sahara, Zambia, Zimbabwe
Hong Kong &
Mainland China
Office and on-the-ground
presence.
Mauritius
Provident HQ
Regions of Operations & Contact Details
Contact Details
Business Address:
MAURITIUS, Ebène, Cybercity, Suite 109, 1st Floor, The Catalyst, Silicon
Avenue
Office Locations: Mauritius, South Africa, Hong Kong, China
Website: www.provprocure.com
Email: info@provprocure.com
Phone: +27 (0) 818 7165 22
