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5 steps for Procurement to impact on financial results

Claritum

The Procurement team need only to be able to monitor and report as. strategic suppliers, approved suppliers and competitive bids for. Later in this article we will cover the areas that Procurement, with the noise removed, is now able to focus on. dynamic world and Procurement has to keep up to date if they are going.

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5 steps for Procurement to impact on financial results

Claritum

The Procurement team need only to be able to monitor and report as needed on the flow of purchasing transactions. Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.).

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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. 1 Introduction.

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Why is Not for Profit Procurement so Different

Claritum

For FP organisations the focus is on conformance to a minimum set of regulations to do effective business. Procurement is constrained only by this minimum set. Tracking of spend is less rigid for the FP sector, though of course good business practice would be to have an audit trail of all spend. 7 Skills.