BENEFITS OF DOCUMENT
DESCRIPTION
The Procurement function involves the strategic process of sourcing, acquiring, and managing goods and services necessary for an organization's operations. It ensures cost-effective purchasing, supplier relationship management, and risk mitigation. By optimizing procurement, businesses secure quality resources at the best prices, contributing to Operational Efficiency and overall Competitiveness.
This Procurement Implementation Toolkit includes a set of best practice templates, step-by-step workplans, and maturity diagnostics for any Procurement or Sourcing implementation related project. Please note the above partial preview is ONLY of the Self Assessment Excel Dashboard, referenced in steps 1 and 2 (see below for more details).
Through a 3-step process, this toolkit will guide you from idea to implementation. Please find a below a summary of the 3 steps.
STEP 1: Get your bearings
Start with the latest quick edition of the Procurement Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation.
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 995 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Procurement improvements can be made.
The Self-Assessment Excel Dashboard; with the Procurement Self-Assessment and Scorecard you will develop a clear picture of which Procurement areas need attention, which requirements you should focus on and who will be responsible for them:
• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
• Gives you a professional Dashboard to guide and perform a thorough Procurement Self-Assessment
• Is secure: Ensures offline data protection of your Self-Assessment results
• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Procurement projects with the 62 implementation resources. There are 62 step-by-step Procurement Project Management Form Templates covering over 1500 Procurement project requirements and success criteria.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Procurement Strategy Excel: Procurement - Implementation Toolkit Excel (XLSX) Spreadsheet, Gerard Blokdijk
Procurement Strategy Supply Chain Analysis Cost Reduction Assessment KPI Warehouse Management Inventory Management
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