Procurement Advisory Services
Overview
The evolving expectations of procurement's customers, who are becoming increasingly efficient, present a new set of challenges. Procurement must now identify additional sources of value and align with the business's strategic objectives. Speed is a significant obstacle as procurement shifts away from a compliance-driven approach to better support the future of the business.
Our advisory services encompass all aspects of procurement and are tailored to create a customer-specific transformation roadmap that addresses each key element of the function: strategy, policy and processes, analytics, talent, technology, and value delivery.
Key Capabilities
The Comprehensive Operating Model
With customers increasingly prioritizing efficiency and expecting higher standards, it's imperative for procurement leaders to assess the execution capabilities of their procurement functions. When procurement operating models align with overall business objectives, they form a powerful partnership capable of revolutionizing how third-party spending is managed and providing a competitive edge.
Structural Design within the Organization
As a component of the overall operating model, organizational design incorporates design principles, the extent of centralization, and outsourcing strategies. The functional delivery model serves as a blueprint for the broader organizational adjustments and serves as a metric for assessing the effectiveness of an enhanced function. Our team conducts highly effective, outcome-focused workshops to facilitate this alignment.
Diagnostics (Comprising Value, Process, and P2P)
Diagnostics primarily serve as a means to identify value, but they are also highly effective in illustrating the spectrum of opportunities within a client's procurement function or within a particular spending category. Our diagnostic methodology entails a comprehensive evaluation of the current state, assessing capabilities and performance through data analysis, spend review, and alignment with stakeholders.
Technology Diagnostics Assessment
Technology diagnostics represent a specialized aspect of our diagnostic methodology, concentrating on the identification of opportunities within a business's systems and underlying processes. Our objective is to enhance operational efficiency and pinpoint the necessity for a strategic technological approach. We advocate for a tailored strategy and are dedicated to collaboratively crafting it in partnership with the procurement function.
Assessment of Capabilities
We evaluate capabilities at both team and individual levels to create a customized development plan for the procurement function, encompassing a range of competencies. This stage of strategic planning is vital for enhancing performance, as employees play a pivotal role in continually delivering value.
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Service Inquiry
Discover how we can support your organization's next steps. Share your specific areas of interest with us so that we can provide you with more tailored assistance.
