Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

MARCH 6, 2025

For procurement, this concept translates into creating an intuitive, AI-driven interface where stakeholders internal teams, suppliers and external partners can access resources, insights and tools efficiently. Build resilience: In an era of supply chain disruptions, quick access to real-time data enables agile decision making.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

Procurement Heads

APRIL 27, 2023

Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Collaboration and stakeholder engagement are much-used terms within procurement teams.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Collaboration and stakeholder engagement are much-used terms within procurement teams.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Category management is the core engine for scaling processes.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Spend Matters

OCTOBER 4, 2024

TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., management of risk, compliance, performance, onboarding speed and supplier collaboration that respects/accommodiates supplier requirements) with fine-grained operating models.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

The Good Spending

AUGUST 23, 2022

Value creation as the result of stakeholder engagement The authors of Stakeholder Salience model built their work around the process of value creation. The value creation process includes: quality and customer service, supplier relationship, employee enrichment, community benefit, stockholder reward.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98