Art of Procurement helps finance leaders maximize the impact of their spend with external suppliers.
With 20-40% of revenue going to external suppliers, the impact of procurement can be a corporate differentiator. Your procurement team can be central to your strategy to not only protect the business through SG&A reduction and risk mitigation but also to enable company growth.
To do so requires a different approach, one where procurement and business stakeholders work hand in hand to enable business objectives – not procurement ones.
We call this approach Procurement, Inc. Our framework maximizes the total commercial value of the products and services that you purchase rather than focusing on cost savings at the exclusion of everything else.
Procurement, Inc. leverages tactics familiar to business leaders – creating a procurement investor board and repositioning procurement as a strategic services business rather than a mandate-driven function.
We start by understanding the current positioning and impact of your procurement team, benchmarking them against the pillars of our Procurement, Inc. framework. We will partner with you to develop a roadmap to deliver your future state requirements.
To discuss your current situation, and the opportunities for short and longer term transformation, schedule a call today.