One operator · Three doors →
That Procurement Project

EBIT gains through procurement, with the team you already have. In weeks, not months.

We do it, or we teach yours to.

Most mid-market and PE-backed companies know procurement is leaking value. The usual fixes are slow, expensive, or already stretched: a six-month search for a senior hire, a big-firm engagement, or pushing it onto finance.

TPP is the alternative. Embedded procurement leadership and hands-on execution, on demand, accountable to results. Human-first and AI-accelerated: senior operators make the judgement calls, and AI-assisted analytics compress the analysis from months to days. We work with the team and budget you already have. We own the outcomes.

No consulting theatre. No pyramids. No billable hours while you wait.

The track record
130+
Projects executed
$20B+
Category spend addressed
$1.5B
In client savings
25yrs
Across industry and consulting
The typical result
60–90
Day sprints
8–15%
Typical savings
7–12x
ROI on fees
Built on experience from
Mondelez International Pact Group Redington Infosys Portland

Plus engagements delivered through top-tier strategy firms. Both sides of the table →

Sound familiar?

Most businesses we work with are dealing with one of these.

These aren't procurement problems. They're business problems that procurement is either causing or could fix, if someone moves fast enough and knows what they're doing.

If you read one of these and think "that's us," that is enough. Call us.
01

The EBITDA target is real. Revenue alone won't get there. The board wants to know what else is on the table.

What's usually behind it

Cost-out hasn't been treated as a serious lever. Delegated down. Underpowered. The opportunity is sitting there. It just hasn't been captured.

02

The business is working harder for less. Costs are rising faster than revenue. Customers won't absorb increases. The middle is getting thinner every quarter.

What's usually behind it

The cost base hasn't been actively managed. Procurement is buying at market rate instead of ahead of it. No strategy. No leverage. No plan.

03

A deal just closed. Or a sale is approaching. Nobody has looked at procurement. Nobody is sure what's there.

What's usually behind it

No spend visibility. No contract register. No documented savings. The value is probably there. It just hasn't been found or put on the P&L.

04

Supplier price increases got accepted during the supply crunch. They're still in the contracts. The market has moved. The pricing has not.

What's usually behind it

Nobody went back to reset the baseline. The increases are baked in. Treated as the new normal. They are not. But it takes someone willing to have the conversation.

05

They've already tried to fix it. Brought someone in. Hired a fractional CPO. Ran a project. Six months later the numbers still aren't there.

What's usually behind it

Time and seniority alone don't solve it. Without a methodology that finds and banks value quickly, engagements drift. The spend data still isn't trusted.

06

A new CFO, CEO, or CPO has arrived. They can see procurement is broken. They don't want to spend political capital fighting internal battles in year one.

What's usually behind it

They need someone to do the heavy lifting. Arrive with credibility. Move fast. Hand back results the new leader can put their name on.

07

Everyone knows what needs to change. Nobody can agree on who owns it. Nobody wants to have the difficult supplier conversations.

What's usually behind it

Internal politics slow everything down. An external party with no agenda and full commercial accountability takes the heat. Then gets the deal done.

08

The team can see exactly what needs doing. They cannot get to it at the pace the business needs.

What's usually behind it

No capacity. No senior cover. No tools to compress the timeline. Business as usual consumes everything. The strategic work never starts.

09

The business won't engage with procurement. Deals get done before anyone sees the contract. Mandates and policies haven't fixed it.

What's usually behind it

Stakeholders route around functions they don't rate, and engagement isn't won by policy. It's won by being useful on something they care about, fast. One visible win changes how the business treats procurement. Then the door stays open.

10

The contracts are restrictive. The supply market is tight. Every option looks locked in, and there's no time to unpick any of it.

What's usually behind it

Constraints usually have more give than they appear to. Exit clauses, benchmarking rights, volume levers, market timing. Finding the give is specialist work, and it's faster with someone who has unpicked a hundred of these before yours.

If any of these sound like your business, the first conversation is free.

Tell us about your situation
What TPP does

Four things. All of them on the P&L.

TPP plugs in as a fractional CPO and execution arm, not a slide-ware consulting team. Cost out, control in, capability built, and the top-line contribution your supply base is already capable of. We focus on the work that moves numbers, not the work that fills slide decks.

01

Cost-out execution

Turn savings into P&L impact

We don't identify savings and leave. We run the process end to end, from sourcing event to signed contract to documented saving.

  • Sourcing waves across priority categories
  • Supplier renegotiations, with or without credible alternatives
  • Tail-spend clean-ups that stop the leakage
02

Governance and control

Stop leakage before it starts

Controls that actually work in mid-market environments, not big-firm frameworks nobody follows. Practical, fast to implement, and built for your team.

  • Approval frameworks and spend policies
  • Contract control and renewal management
  • Leakage tracking with board-ready reporting
03

Capability lift

Built in execution, not a workshop

Your team builds capability by doing the work with us, on real problems, with real stakes. We coach in the moment, not in a classroom. By the time we step back, they've already done it.

  • Coaching embedded in live engagements
  • Playbooks built for your business, not off the shelf
  • Handover that sticks. No vacuum when we leave
04

Top-line contribution

Suppliers as a growth lever, not just a cost line

Procurement gets briefed as a cost function, so nobody asks the supply base what it could do for the top line. Your suppliers already hold formats, formulations, technology and lead times that could open a channel or lift margin. We go looking for it deliberately, on the same pass as the cost work.

  • Supplier-led innovation pipelines, run as a process rather than a hope
  • Spec, format and pack changes that lift margin or unlock a channel
  • Lead time and flexibility gains that win listings and reduce lost sales
Where this came from

A peel-and-reseal pack format for a global confectionery brand. Ashokk built the original business case, and the lens was cost: packaging came down 25%. What the analysis also surfaced was a format the old pack couldn't offer the shopper, portion control and a bar that stays fresh once opened. The top-line value had been sitting inside a cost exercise the whole time. Most firms bank the 25% and move on. We go looking for both.

Not advice from the sidelines. We own the delivery, the documentation, and the result.

See how we work
How we work

Maximum Value Pathway. Three ways to engage.

One consistent standard of delivery. Start anywhere. Scale as needed. Savings are counted when they're contracted, implemented and documented against the P&L. Not when they're in a pipeline.

Entry point

MVP Audit

Risk-free value identification

A quick scan to find where money is leaking and what's fixable fast. Spend visibility and supplier insight in days, not months. AI-accelerated spend analysis is why days is possible; an operator's read on the output is why it's worth having. No commitment beyond the audit.

We work with the data you have, not the data that would be ideal. Enough clarity to know where the value sits is enough to move.

MVP Audit: findings Illustrative
Indirect spend14 suppliers, 3 redundant$2.4M
Contract leakage6 contracts auto-renewed$680K
Tail spend340 unmanaged suppliers$1.1M
Maverick buyingNo PO compliance$390K
~$4.6M in addressable opportunity identified. Two focus areas ready to action immediately. Estimated savings: 11 to 14%.
Core execution

MVP Sprint

12-week execution cycle

Fix governance, run sourcing events, convert savings to EBIT. One category, one outcome, one proof point for the board.

The final number is real, verifiable and board-ready. Savings documented and signed off by finance, after TPP fees.

Track A

We accelerate for you

  • TPP runs the process end to end. Your team stays focused on the business
  • TPP runs all sourcing events and negotiations
  • Weekly P&L reporting throughout
  • Fastest path to documented savings
Track B

Your team accelerates with us

  • Your team executes. TPP provides the method, coaching and oversight
  • Your team runs events with TPP alongside
  • Capability and playbooks built in as you go
  • When we leave, the improvement stays
MVP Sprint: progress Illustrative · Week 10 of 12
Wk 1–3Spend read, priorities lockedDone
Wk 4Quick wins, pace liftsDone
Wk 5–8Sourcing events$380K contracted
Wk 9–10Renegotiations$210K banked
Wk 12Savings documented to P&LUpcoming
$590K banked so far. Final documentation and P&L sign-off in week 12. On track for 13% cost reduction.
Ongoing leadership and execution

MVP Fractional

Not what you think fractional means

Most fractional services give you a senior person for a few days a month. You get their time. What you do with it is up to you.

This is different. We own the outcomes, not just the hours. Embedded leadership that runs procurement, builds your team's capability, and makes sure savings compound. Hands on and on the tools, not a calendar booking that shows up and advises.

And it stays productised inside the engagement. Fixed-scope audits and sprints, each with a stated outcome and a stated price, deployed within 24 hours of spotting the value. You always know what you're buying, what it costs, and what it returned. No open-ended retainer drift.

MVP Fractional: engagement Illustrative · Month 6
Saved this yearBanked and documented$1.4M
Active categoriesLogistics, IT & software, facilities3
Playbooks deliveredOwned by your team12
Next sprintMarketing, scoped for Q3Wk 2
A fractional procurement team. Not a resource on your books or on a day rate. Deployed within 24 hours when there's value to capture, with accelerators that compress months of work into days.

Not sure where to start?

Start with an Audit if you don't know where the value sits. Start with a Sprint if you do.

Fractional is for when you want embedded procurement leadership without the hire, whether that's your first conversation with us or your fifth.

Tell us about your situation
Who it's for

Built for leaders who need results, not reports.

Mid-market and PE-backed businesses, roughly AU$50M to AU$800M, where there's material spend and leakage but limited appetite for big-firm fees, long projects or extra headcount.

Procurement value across the portfolio, and the exit multiple

  • Senior procurement expertise deployed across multiple portfolio companies, a mix of industry leadership and top-tier consulting
  • EBITDA and ESG outcomes your LPs want to see, in line with the investment thesis
  • Simultaneous impact across portcos, instead of hiring one role per company
  • 90 days or less to impact. Fees tied to results
  • Like the results? We can manage procurement across multiple portcos on an ongoing basis
Tell us about your situation
One operator model, whole portfolio Illustrative
Q1Q2Q3Q4
PortCo A
Sprint
Savings in BAU
PortCo B
Sprint
PortCo C
Sprint
Portfolio
Aggregate reporting to the IC

Staggered 12-week sprints. One playbook, no per-portco recruiting, savings compounding into the exit thesis.

Recent PE-backed engagement Anonymised

12%  saved on addressed spend, documented to the P&L and signed off by finance. Detail available in conversation, under NDA where required.

Margin improvement that hits the P&L and builds your team

  • Fixed fees or pay for results. No retainers
  • Savings documented to your chart of accounts and signed off by your finance team
  • Your team works alongside our operators. They keep the capability when we leave
  • 12 weeks typical engagement. 8 to 15% cost reduction on addressed spend
  • Like the results? We can stay on and run procurement for you
Tell us about your situation
From addressed spend to net EBITDA Illustrative
$2.0M
Identified
13.5% of $15M
$1.9M
Contracted
& implemented
$1.9M
Documented
to your CoA
−$0.2M
TPP fees
+$1.8M
Net EBITDA
full run-rate

Roughly $1.35M lands in-year if started in Q2. Every step signed off by your finance team, not ours. Savings counted when documented against the P&L, not when they're in a pipeline.

12
Weeks, typical engagement
8–15%
Cost reduction
$0
Retainers

Margin improvement that funds growth, without new capital

  • Turn hidden cost into growth fuel. Recurring savings to reinvest in product, sales and AI, without new capital or dilution
  • Structural cost-out, not one-off cuts, so earnings stay ahead of a 1 to 2% growth economy
  • Heading to a sale? Documented savings lift EBITDA, and EBITDA carries the multiple
  • We run the sprint with your team, so your leadership stays focused on customers and growth
  • 12 weeks to visible impact, with a playbook your team keeps running or we run it for you
Tell us about your situation
Enterprise value at exit Illustrative
+$1.8M
Net EBITDA uplift, recurring
×
6x
Exit multiple
=
+$10.8M
Enterprise value at sale
Fund growth with new capital or debtDilution / interest
Fund growth with recovered costNeither

Based on $15M addressed spend at 13.5% savings, net of TPP fees. Multiples vary by sector and deal. Structural savings recur; the uplift pays twice, in-year and at the sale.

$0
New capital or dilution
12
Weeks to visible impact
6x
Every EBITDA dollar at exit

The senior capacity you can't hire fast enough

  • You stay in the driving seat. TPP works under your banner, not around it. Senior operators plug your gaps, and you keep the credit
  • Redirect the req you can't fill. Any hire takes months to land and more months to train, and the training comes out of your week. We start in two weeks, productive from day one, inside the budget you already hold
  • Unblock the hard stuff: delayed projects, difficult suppliers, stakeholders who won't engage. We take the heat, you get the outcome
  • More than a deck. We work side by side through sourcing, negotiation, and implementation
  • Your team learns by doing. Playbooks, contracts, and capability stay when we step back, and Procurement Superheroes keeps building them after
  • Low-risk and time-boxed: 1 to 12 week sprints with clear targets, so you can prove the model before deciding what to scale
Tell us about your situation
Today vs 12 weeks later Typical sprint
Today
Delayed 6+ months
Stakeholders won't engage
No bandwidth
Supplier issue unresolved
Blamed for delays
12 weeks later
You get the credit
Delivered
Renegotiated
In BAU
Team upskilled

TPP embedded with your team, under your banner. Someone in your corner for the fights you've been having alone.

2 wks
To start, vs months to hire
1–12
Week sprints, time-boxed
100%
Of the credit stays yours

What the people who hired us said.

Ashokk is an invaluable asset, a highly skilled procurement professional who brings a strategic, results-driven approach to the table. The quality of his work is easily comparable to top tier consulting quality and is backed by years of execution experience in industry.
Michael ScannellGeneral Manager · Client
Through this exercise, he not only identified and managed our supply risks, but also drove significant cost benefits and trained my team so that we were successfully able to manage future projects internally.
Richard HenfreyChief Executive Officer · Client
More from the people who hired us
Supported in implementing strategic sourcing for the business unit. The knowledge and grasp of the techniques deployed helped the company gain huge savings.
GM Procurement · Global FMCG
He has done an amazing job, making sense of what was deemed messy and un-addressable. We have been trying to do this for years.
GM Procurement · ASX 200
We have seen a big improvement in the way my category manager has progressed. Part of that has been the starting point where you coached him and gave him the courage to challenge suppliers and stakeholders.
GM Procurement · Public Sector
Industry experience

We've probably worked your industry. Or one close enough.

Procurement problems don't change much across sectors. The suppliers, the politics, and the contracts all rhyme. What changes is the context. We bring both: deep procurement expertise and enough sector fluency to hit the ground running.

15+
Sectors
PE
Primary focus
Mid-market
Sweet spot
01
Private Equity
Primary focus
02
Quick Service Restaurants
QSR
03
Food & Beverage
FMCG
04
Dental Services
Healthcare
05
Healthcare
Services
06
IVF & Life Sciences
Specialist
07
Consumer Goods
Retail
08
Apparel & Fashion
Retail
09
Packaging
Manufacturing
10
Manufacturing
Industrial
11
Personal & Home Care
FMCG
12
Education
Services
13
Technology
Software & services
14
Telco
Communications
15
Government & GBE
Public sector
16
Oil & Gas
Energy
17
Distribution
Logistics
18
Your industry
Let's talk

Sector fluency matters. Procurement accountability matters more.

Tell us about your situation
Ashokk N Menon, founder of That Procurement Project
Who does the work

You get the operator, not a pyramid.

TPP is led and delivered by Ashokk N Menon: 25+ years across industry leadership, including regional procurement leadership for APAC at a global FMCG business, and top-tier consulting. 130+ projects. $20B+ of spend addressed. $1.5B documented.

Every engagement is run by the person whose name is on the method, working alongside your team. No handoffs to juniors you never met. No leverage model billing you for training their graduates.

Beyond the engagement

The ecosystem behind TPP.

TPP is the execution arm. But there's a broader world behind it: content, community, and a capability accelerator for the teams that want to keep delivering after we leave.

Content platform

Operating in the Margins

Newsletter · Podcast · Articles

Practical plays for CFOs, PE operators, and procurement leaders who want the unfiltered version. No consulting fluff. No theory. Just what actually works when margins are under pressure.

  • Weekly content on EBIT, procurement, and value creation
  • The Operator Edition: operator conversations, not keynotes
  • Case studies and frameworks from real engagements
Subscribe, it's free
Capability accelerator

Procurement Superheroes

For practitioners · For teams · For leaders

A capability accelerator for procurement professionals and teams who want to deliver real savings and build a track record, not just another training certificate.

  • Practical playbooks built by an operator, not a training vendor
  • Coaching on live projects, not hypothetical case studies
  • A peer community of practitioners solving real problems
Explore Procurement Superheroes
For TPP clients: Procurement Superheroes is how the gains stick. When TPP steps back, Procurement Superheroes becomes the engine that keeps your team delivering, without needing us in the room.
The next step

If TPP sounds like it's for you, let's talk.

Before we speak, we'll ask you a few quick questions: what you're trying to fix and where you are right now. Takes two minutes. Means the conversation is useful from the first minute, not the thirtieth.

Straight to Ashokk, not a queue. Everything you send is confidential.
Prefer to book directly? Grab 30 minutes here.

01

You answer a few questions

Tell us your situation, what you're trying to fix, and when you want to move. Two minutes.

02

You pick a time

Book a slot that works. No back and forth.

03

We have a real conversation

No pitch deck. No discovery theatre. Just a direct conversation about whether TPP can help and what that looks like.

04

You decide

No pressure. No follow-up campaign. If it's right, we move. If it's not, we'll tell you.