Procurement Transformation: The time is now The growing pressure on procurement It is no longer business as usual for procurement. Within just the first weeks of the new year, businesses have already faced unprecedented change and disruption from geo-political uncertainty and macro-economic pressures. This whilst organisations are still struggling to cope with the…

Supply Base Management. Have you got the right Segmentation, Enablers and Drivers? Supply Base Management is one of the key Enablers of Procurement Excellence but our experience is that organisations rarely take a strategic view and structure the procurement function to effectively manage risk, drive performance or create value from their supply base.…

Procura recently hosted the 4-day virtual conference which brought together over 90 global participants from 10 different client sites over 16 countries. Introduction Procura is currently working with a global manufacturer to transform their procurement function. The project launched in July 2020 and necessitated the participation of team members spread across five different sites…

Managing effective procurement transformation What has the crisis taught us? As the initial shock of the COVID-19 situation begins to settle and many organisations start to develop their new ways of working, the crisis has clearly demonstrated how quickly society, organisations, governments and entire countries have had to adapt to change. Research shows that 87%…

Accelerating your journey to Procurement Excellence Procurement is a long established value lever in many industries, delivering substantial bottom-line P&L impact - particularly in those organisations that have a long history of creating an actual end-product for sale, where component costs and subsequent margins can be examined very precisely and continuously improved. But this isn't always the…