Art of Procurement helps transformation leaders redefine the impact of procurement.

In a 2017 study by Innosight, 80% of executive leaders at $2B+ revenue companies recognize the need to transform their business operations in response to rapidly changing markets and disruption.  

Successful transformation is no longer a one-off event followed by a period of “business as usual”. It requires an ongoing focus on continuous improvement that is kick-started by a burning platform for short-term change.

With 20-40% of revenue going to external suppliers, the impact of procurement can be a corporate differentiator, providing the fuel to fund broader transformation initiatives. 

Achieving quick-wins while positioning procurement and your supply base as long term enablers requires a different approach, one where procurement and business stakeholders work hand in hand to enable corporate 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. It also reduces the boom and bust cycle that churns between a focus on cost savings at all costs, to enabling supplier innovation, which leads to unsustainable savings and supplier and stakeholder mistrust. 

We start by understanding the current positioning and impact of your procurement team and benchmark 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.