Remove Leadership Remove Stakeholder engagement Remove supply chain budgeting
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Stakeholder management in procurement digital transformation: Why, what, how?

Spend Matters

While technology plays a crucial role in modernizing procurement functions, stakeholder engagement ultimately determines whether digital initiatives succeed or fail. However, the reality is that stakeholders, including budget owners, business units, etc., largely control procurements level of influence.

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What About Procurement Objectives?

Procurement Templates

Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Financial Objectives Budget Management: Monitor and manage procurement budgets to ensure spending stays within approved limits. Action: Develop a procurement cost-avoidance tracker for proactive budget control.

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Expanding the influence and impact of Procurement

Spend Matters

a snack food company, came from how they intentionally targeted key strategic initiatives under Senior Vice President and Head of Procurement Ron Schnurs leadership. The leadership team was on board from the beginning but he still had to execute his recommendations in an orderly and intentional manner to deliver the results.

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Talent Spotlight: Andrew F. Smith

Procurement Heads

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.

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Talent Spotlight: Andrew F. Smith

Procurement Heads

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.

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Why a Net Promoter Score is key to achieve S&OP excellence

Supply Chain Trend

To reach S&OP excellence is a long journey, sometimes estimated at minimal 10 years, and we need leadership and employee engagement and support along the way. It is therefor critical to understand S&OP stakeholder support for value creating behaviours during this journey. A Net Promoter Score and the future of S&OP.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships. Team leadership and management.