article thumbnail

5 steps for Procurement to impact on financial results

Claritum

The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Later in this article we will cover the areas that Procurement, with the noise removed, is now able to focus on. Address procurment strategy. However, individuals in the Procurement function cannot be the.

article thumbnail

5 steps for Procurement to impact on financial results

Claritum

The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Later in this article we will cover the areas that Procurement, with the noise removed, is now able to focus on. Step 2 Address Procurement Strategy. Step 4 Don’t lose Procurement focus on costs.

article thumbnail

Procurement as a strategic advisory resource

Claritum

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. The Category Manager needs to become more integrated into key business processes and more consultative in nature.