Smaller institutions in London are joining forces to get bigger bang for their buck from procurement. Kat Humphries introduces Ensemble Purchasing, a new cost sharing group dedicated to procurement.
The Kingston City Group (KCG) Consortium became a Cost Sharing Group (CSG) on 1 August 2013 under the UK Finance Act 2012 and is the first fully operational CSG in this sector. KCG provides services to the member institutions fully exempt of VAT, thus providing real cost savings. Maria Vetrone is the Managing Director of KCG and she shares some of the lessons being learned along the way.