Procurement in the 21st Century
There are a range of key factors to ensure success in all sector
growth. The 'power of the purse' is crucial in all organisations
regardless of size, shape or industry, as is the ability to
manage costs effectively through innovative procurement practices
Successful procurement is driven by effective planning and a
strategy focused on 'intelligent purchasing'; namely, plan what
needs to be bought and how to buy it. Early planning, skilled
procurement professionals and effective project and contract
management will deliver a true innovative procurement strategy and
associated costs savings whilst maintaining the quality of product
or service delivery.
Effective procurement management will invariably require first
class technology management skills and a genuine ability to analyse
short, medium and long term products or services costs combined
with a genuine ability to develop supplier relationships. The days
of 'beat the supplier' are a long gone practice. The most effective
procurement policies and management are becoming more successful
through the development of genuine partner relationships across the
entire supplier base.
What is the market saying?
The most effective Procurement strategy is focused around
initially identifying what is available and at what cost in the
market. Clearly define what is to be procured and then approach the
market for the same innovative options. How can we buy the best,
most effective goods or services to meet our current goals but with
the option for change to meet our on-going improvements and
Involve the stakeholders
Early conversation with all internal and external stakeholders
will create a clearly defined requirement, strategy and operational
supply chain ensuring all 'partners"' understand their part in the
successful process from initial needs advisor to delivery
Value for money
Cheapest is not always the best. Procurement professionals will
always look at true value for money within the supply chain. Price
conditions are important but all due consideration will also
be given to the total lifetime cost; factors including maintenance
requirements, delivery schedules, reliability and long term
In short, a true procurement professional in today's
market-place is a genuinely analytical individual with first class
planning, communication and relationship development skills.
I specialise in the appointment of Procurement and Supply Chain
Professionals across all sectors.
More about Shuna
"Alice Campbell assisted me with getting my job at my current employer and made the migration from one employer to the other as seamless and stress free as possible. Her professionalism is first class and sells herself with her infectious personality....
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