Global industrial manufacturer establishes a world-class, business-wide procurement function to leverage group scale and drive savings
Global industrial manufacturer establishes a world-class, business-wide procurement function to leverage group scale and drive savings
Client
- A division of one of the world’s largest industrial manufacturers.
- 10 business units with a silo approach to procurement.
- No “group” approach to governance, oversight or performance management.
- Recognition that economy of scale was not being leveraged.
Approach
- Procurement Function Diagnostic for each business unit to assess levels of procurement maturity around the organisation.
- Current state mapping with each business unit to understand ‘as is’ procurement practices and develop improvement opportunities.
- Development of a 3-year Procurement Transformation Roadmap which focusses on Strategy, People, Process & Measures.
- Creation of standardised tools, techniques and methodology.
- Engagement with each business unit to form a group procurement community and collaborative team environment.
Results
- A world-class “Group” procurement function established.
- Purchasing scale leveraged and cost saving benefits achieved throughout the organisation, which can be maintained in future.
- Group-wide procurement strategy and policy.
- Procurement community now operating across all business units with improved communication and best practice sharing.
- Standardised sourcing process, along with tools, templates and techniques now embedded within the function.
Email us: info@procuraconsulting.com
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