Aligning Procurement Skills to Business Strategy The ever changing business environment is placing greater demands upon businesses and requires today’s procurement professionals to develop the skills to maintain alignment with the business strategy and to expand procurement’s scope and depth of influence across the business. Aligning Procurement Skills to Business Strategy. Procurements position in many business has been elevated due … Read More
Building procurement capability utilizing the flipped classroom
The flipped model puts more of the responsibility for learning on the shoulders of participants while giving them greater impetus to experiment with different application approaches.
Effective strategic procurement training
The best procurement organizations understand that capability is not just the byproduct of individual skill-building, but a critical organizational capacity.
Sell Category Management Benefits to Senior Management
Category Management can have a positive impact across all areas of the business whether measured by profitability, cash management or balance sheet ratios, reducing cost or supporting growth, category management can deliver appropriate strategies whatever the business cycle.
Procurement Capability: People Matter Most
Procurement Capability: People Matter Most Procurement Capability: People Matter Most – There is no shortage of procurement experts prepared to offer their unique recipe for successful procurement transformation. Experts will offer improved processes, better use of technology, the need for management support, yet many procurement functions find lasting success elusive. Why is this? Because it’s the people that matter most. … Read More
Team Procurement: measure capabilities, increase engagement and build bench strength
Successful CPO’s excel at building bench strength and succession management to spot the high potentials, identify strengths and weaknesses and put in place development programs to address the capability gaps. This is critical for sustainable success.
Building People Capability in Procurement – Part 2
The challenges that hold back most procurement teams in the workplace tend to relate to their ‘human traits’. Issues such as mindsets, behaviors, and organizational dynamics are key factors which can impact upon their relationships with stakeholders.
Building People Capability in Procurement – Part 1
Many procurement functions are finding lasting success elusive because they fall into the trap of relying entirely on technical tools like spend analytics, SRM and so on. They forget transformation does not happen simply by providing the “ingredients”, it’s always the people that are the key factor in creating procurement success.
Sharpen up your procurement team:
Many companies underinvest in the purchasing team’s capabilities and exclude them from strategic decision-making processes in favor of functions, such as operations and sales.The lack of importance placed upon procurement, has unintended consequences over time.
Does your procurement strategy drive business success?
Strategic procurement can drive competitive advantage by enhancing revenues and lowering cost. Procurement can be said to be strategic in an organization if it contributes directly in the business planning process.