Procurement Templates

MARCH 3, 2024

Stakeholder Engagement : It’s important to involve relevant stakeholders in the assessment process to ensure that their needs and preferences are considered. Stakeholders may include department heads, end-users, finance teams, and others who will be impacted by the procurement decisions.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Templates

DECEMBER 11, 2024

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.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

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 fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

SCMDOJO

APRIL 26, 2023

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.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Barkers Procurement

MAY 22, 2024

At Barkers our ESG Health Check concentrates on the activity within your supply chain. Assessing your supply chain performance is strategically important for your organisation as studies show that the majority (80%) of emissions and ESG risk lies in a business’ supply chain.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Stakeholder engagement Sustainability 52

Spend Matters

FEBRUARY 13, 2025

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective.

Influencing 64

Influencing Procurement supply chain budgeting Strategic sourcing 64

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Analysis should be focused on risks and opportunities while factoring in all costs and sources of added value.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52