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DOCUMENT DESCRIPTION

Procurement is shifting from a traditional cost-cutting role towards a more strategic function, whereby it actively contributes to growth. With this shift, Innovation is beginning to play a more important role within Procurement. About 10% of mature Procurement organizations have already contributed significantly to their companies’ growth.

This framework focuses on how to transform Procurement into an Innovation-driven organization. In order for Procurement to truly embrace Innovation and support the Innovation Strategy, the Procurement Operating Model must be examined and adjusted accordingly.

We examine each of the 5 key dimensions in the Procurement function:

1. Strategy
2. Organization
3. Processes
4. People
5. Culture

Other topics discussed include Company DNA, Organizational Patterns, Agile Processes, the Supplier Selection Matrix, among other topics. This deck also includes a set of slide templates for you to use in your own business presentations.

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Source: Innovation-driven Procurement PowerPoint document

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Innovation-driven Procurement

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Procurement, Supplier Management, Innovation

Number of Slides: 26

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Upload date (first version): Sep 28, 2017

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