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Top 10 Foundational Steps To Building A Strong Procurement Strategy

The Procurement School

Include who is responsible to do what, a monitoring plan to effectively track progress, and a clear change management process to adjust as needed. Ongoing Changes An organization’s procurement needs are not going to remain static. Widely publish the approved Strategic Plan and create working groups to implement it.

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Paris 2021 – EN – David L Loseby

ivalua

Develop and lead the implementation of the Indirect procurement strategy. Leadership of the centralised indirect procurement team. Development of effective (Direct & Indirect) Supplier engagement and relationship management. .£2.7bn and total group purchasing population of circa 900, and Group Spend of c £8bn.

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It’s time to evolve IT procurement

AWS Public Sector

To enable a modern procurement strategy, organizations should: Prioritize total value and return on investment over nominal cost. Rationalize applications before procuring to align with strategic needs. Additionally, change management is essential as teams shift left towards iterative development and automated deployments.