Procurement Competency Frameworks Procurement Competency Frameworks: Many businesses are yet to create a scale to measure their procurement team to define their critical success factors – competency. When there is no defined measure of competency it creates confusion and uncertainty about what good looks like and what is expected of people in their jobs. This is because there is no scale … Read More
The Twin Arenas of Procurement Excellence
The Twin Arenas of Procurement Excellence The procurement profession has long striven for excellence to increase its role and stature within the organization. Herein, we provide insight into ‘The Twin Arenas of Procurement Excellence. Our framework to achieve leadership in procurement and supply management. Procurement Excellence – Does excellence matter? Excellence is no accident. Furthermore, world-class organizations operate and perform … Read More
Planning Your Procurement University or Academy
Planning Your Procurement University or Academy Planning Your Procurement University or Academy? We offer guidance around three critical pillars for sustaining a Procurement University as a viable part of your business. 1. Strategy Setting The process of setting a strategy helps you to remain true to your values and on-track to achieve your objectives. Its purpose, is to demonstrate how … Read More
Benefits of Procurement Skills Assessments
Benefits of Procurement Skills Assessments The benefits of procurement skills assessments in corporations is that they provide a quick and cost-effective method to collect and centralize your skills data globally. Quickly identify between employees’ current skills and future state needs and where to prioritize development to maximize return on investment. Formalize your Critical Competencies When done correctly, your competency framework … Read More
Procurement University Brand Experience
Value creation by generating results Training & Development contribute to an organizations value creation by generating results. It is, therefore, essential that stakeholders and participants perceive how crucial, lifelong learning is for them. Their experiences inevitably shape their perceptions. Experiences provide added value to the individual when the following conditions occur: the intellect and senses are fulfilled by it they … Read More
Procurement & Supply Chain Competency Assessments
Procurement & Supply Chain Competency Assessments What is the Desired Outcome of Procurement & Supply Chain Competency Assessments? Procurement & Supply Chain Competency Assessments: The desired outcome of the competency assessment is to gain a realistic view of whether your team has the necessary skills and knowledge. To consistently deliver high performance of their role-based tasks. Why is Assessing Procurement … Read More