How can procurement executives build a winning internal strategy?

| 0 Comments

 

strategy.jpgBe sure to lay groundwork for open ongoing communication among the departments partnering with procurement


It has become clear that the most effective procurement departments not only rely on their own departmental capabilities and resources, but also leverage internal partners to support their work. Below is a series of best practices that procurement leaders can follow to establish and make the most of their relationships with internal partners.

 

1. Build a measurable plan

To begin, consider building a departmental business plan that includes input from the departments that you serve, as well as departments that can support your mission. Such a plan should include long-term goals that serve both procurement and the other relevant departments, and that highlight the deliverables required from each partner.
By following this course, all parties that support or benefit from procurement’s work will have a shared set of expectations and will be more invested in the procurement process, leading to optimal results.


2. Create an open dialogue

In addition, be sure to lay groundwork for open ongoing communication among the departments partnering with procurement. Consider formal meetings to ensure that interests remain aligned over time and that procurement is getting the support it needs, including year-end or more frequent progress assessments. However, you may also consider more informal interactions, including social outings or casual inter-departmental gatherings designed to build rapport and ensure open channels of communication. The stronger the relationships that procurement has with other departments, the more productive those relationships will be.


3. Be inclusive with all departments

Finally, consider developing relationships with departments that may not be directly relevant to procurement’s short-term goals but which can support procurement’s long-term interests. Just because a department may not offer obvious value to procurement’s mission does not mean that you should exclude that department from your work. Generally speaking, the more departments that are aware of procurement’s efforts and familiar with its mission, the more support that the procurement department will be able to find when it needs it most.


The right formula

No department can succeed entirely on its own, and this is particularly true for procurement, which has a mission and day-to-day work that is directly tied to the needs and objectives of the overall business. By finding the right internal business partners and cultivating them properly, the procurement department can perform at its best and most effectively serve the needs of the company.

Supply Chain Management Review

 

Leave a comment


 

 

Career opportunites

Planner

  • <500 000 Gauteng Operations, Planning & Inventory Supply Chain
Are you looking for new career opportunities as

Procurement Specialist

  • >500 000 Gauteng Procurement Officer / Specialist Strategic Sourcing Supplier / Business Development
As a specialist Supply Chain recruiter, I am

Logistics Controller

  • <500 000 Gauteng Logistics & Warehousing Procurement Officer / Specialist
Seeking dynamic up and coming candidates looking for

Supply Chain Manager

  • >500 000 Permanent Procurement Management Supply Chain Western Cape
As a specialist Supply Chain recruiter, I am

Business Process Specialist

  • <500 000 Gauteng Procurement Consultant Procurement Officer / Specialist Supply Chain
A company within the financial services sector is

LOC Procurement Manager

  • Gauteng Permanent Procurement Management Procurement Officer / Specialist
Your Responsibilities: Job Purpose To be the interface ...More

Account Manager

  • >500 000 Procurement Officer / Specialist Supplier / Business Development Western Cape
Key Performance Areas:• To ensure that all aspects

Consultant

  • >500 000 Gauteng Procurement Consultant Strategic Sourcing Supply Chain
Key Performance Areas:• You'll be concerned primarily with

Commercial Buyer

  • <500 000 Buyer Contracts Procurement Officer / Specialist Western Cape
A well-known Mining company is seeking the services

Technical Buyer

  • <500 000 Buyer Contracts Procurement Officer / Specialist Western Cape
A well-known Mining company is seeking the services

Business Development Executive

  • >500 000 Gauteng Supplier / Business Development
A retail solutions company is seeking a New

Financial Manager

  • >500 000 Contract Operations, Planning & Inventory Procurement Management Western Cape
Looking for an unemployed CA (SA) in Cape

Chief Financial Officer

  • >500 000 Gauteng Operations, Planning & Inventory Procurement Management
An exciting opportunity exists for a CFO with

Procurement Consultant

  • >500 000 Gauteng Procurement Officer / Specialist Strategic Sourcing
Key Performance Areas: A profound knowledge of sourcing

Commodity Specialist: IT

  • >500 000 Commodities Gauteng Procurement Officer / Specialist
Key Performance Areas:• Effectively applies acquired technical/functional skills

Senior Consultant

  • >500 000 Gauteng Projects / Category Management Supplier / Business Development
Key Performance Areas:• Adheres to best practice processes

Logistics Manager

  • >500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Procurement Management
Key Performance Areas:• Manage warehousing and distribution 3PL's

Head of Franchise Network

  • >500 000 Contracts Operations, Planning & Inventory Western Cape
The opportunity to work for a multinational retail

National Driver Manager

  • >500 000 Analyst Contracts Logistics & Warehousing Operations, Planning & Inventory Western Cape
The opportunity for an extraordinary individual to join

Commodity Specialist: Industries

  • >500 000 Commodities Gauteng Procurement Officer / Specialist
Key Performance Areas:• Under the guidance of the