About Our Strategic Procurement CONSULTANCY Services
Experience You Can Count On
To maximize the effectiveness of the procurement function, top-performing enterprises are redefining its role and aligning the function’s goals with corporate strategy. A decade of globalisation-fueled competition has made executives aware of the strategic benefits that can be achieved through intelligent leveraging of strategic procurement and supply management. These benefits include more competitive supply chains, improved product quality, and greater speed to market, along with the significant advantages brought by low-cost country sourcing, particularly in the context of cost reduction procurement in Asia.
To succeed, the role of procurement and supply management must evolve beyond its traditional, transactional base as mere purchasers of materials, components, and services.
Some procurement and supply management organisations have attracted attention by elevating the function to the next level. By integrating their activities more closely with those of their internal stakeholders, some procurement units have achieved sustainable cost reductions in non-traditional areas like marketing or legal, where previous optimisation efforts have faltered. Others take it a step further, using insights to challenge and enhance manufacturing or administrative activities. Moreover, some organisations leverage their procurement capabilities as a driver for innovation, utilizing a broader supplier base to enhance product offerings.
If you are interested in transforming your procurement processes, consider seeking assistance from our procurement consultancy. We are based in Hong Kong and well positioned to support your organisation throughout Asia or even beyond. We understand the characteristics of high-performing strategic supply organisations. What will it take to get you there through our procurement transformation consultancy?
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Our ramp up process is designed to empower your team and equip them with the tools they need to succeed. Talk to us today about how we can support your growth, and put you on a solid track to success and profit.
Our Leadership
Francine Kwong
Francine founded Coram Advisory Services in 2008. She graduated with a Masters Degree from the University of Oxford in Politics, Philosophy and Economics and is a Certified Financial Planner (CFP) with over 22 years of experience in the financial services industry. Before establishing Coram Advisory Services, she served as Chief Marketing Officer at AXA China Region Insurance Company Limited.
Currently, Ms. Kwong is an Executive Committee member of the Keswick Foundation (since 2014) and has previously been a board member of Li Po Chun United World College (Hong Kong) Limited, as well as an Independent Non-Executive Director of Convoy Global Holdings Limited.
Ms. Kwong has also been a member of the Advisory Committee on Applied Mathematics for the Hong Kong Polytechnic University and served on the committee for Investment-Linked Assurance and Pooled Retirement Funds. From April 2006 to March 2008, she was a member of the Investor Education Advisory Committee of the Hong Kong Securities and Futures Commission. Moreover, she was part of the Award Council of the Hong Kong Award for Young People from February 1994 to January 2002. Notably, Ms. Kwong was President of the Institute of Financial Planners of Hong Kong from September 2008 to September 2010.
Daniel Fu
Daniel Fu has over 30 years experience in supply chain and procurement with multinational corporations such as IHG, PepsiCo, the Swire Group, and KPMG Management Consulting. He has an extensive track record of strategy development, coupled with successful, multi-dimensional implementation results across diverse cultures.
Before joining Coram Advisory, he was most recently Vice-President of Procurement at InterContinental Hotels Group, responsible for strategic procurement and business partnering with stakeholders and suppliers across Greater China, Asia, Middle East and Africa regions. He led the organisation through a transformation of the procurement function, developing and leading an agile, centre-led organisation, to support not only corporate indirect spend, but also the rapidly growing needs of the direct spend of nearly 700 hotels operating across more than 40 countries. This included the launch of a next generation cloud-based procurement system with an e-commerce retail "look and feel” which is transforming the way IHG is sourcing for their hotels and managing supplier relationships. IHG won the 2018 CIPS Supply Management Asia Awards for the Most Innovative Use of Technology.
Previously as Head of Procurement for PepsiCo Asia Pacific, he led the strategic management of over US$1bn annual spend. His team delivered unprecedented levels of productivity, driving over US$80M savings over a 3 year period, and improving cash flow management by over US$12M over 2 years.
A graduate with honours from the University of Edinburgh, Daniel has worked in the US, UK, China, the Middle East, and across Asia Pacific.