The following 20 steps will get you headed in the right direction.
During a lunch meeting last week a retailer asked us what they should consider in terms of structuring their procurement professionals to fully embrace e-negotiation tools.
Our answer is certainly not a complete one, but the following points are areas that should be considered for any supply chain re-structuring including what is needed to drive success while trying to fully embrace SaaS e-negotiation technology. These steps will get you headed in the right direction towards achieving the greatest possible return on investment.
? 1. Gaining executive (CEO) level and other stakeholder (Board) support
? 2? Get your supply chain organization structured for success
? 3. Do a detailed analysis of your direct spend
? 4. Do a detailed analysis of your indirect spend
? 5. Do a detailed review of planned capital project spends and allow of add ons
? 6. Plan a detailed review of all contracts.
? 7. Plan a detailed review of all suppliers
? 8. Develop better relationships with existing suppliers
? 9. Improve the performance of suppliers.
? 10. Gain access to additional sources of supply
? 11. Improve your view of all spend categories.
? 12. Develop a detailed off shore and near shore strategies.
? 13. Review all sourcing methods used today.
? 14. Review all Environmental strategies
? 15. Review all Product Safety strategies
? 16. Create a product specification library
? 17. Conduct detailed category discovery
? 18. Align all of the above with your SaaS? solution providers recommended strategy
? 19. Ask all department business owners to sign a sourcing collaboration agreement
? 20. Streamline, streamline, streamline.
As you use the above list and grow it, it is important to remember that the job of a procurement management leader is to think outside of the box and educate while looking for innovative ways to do things better, faster and at a lower cost. And to hopefully create an environment that will inspire co-workers while doing that.
Reach out to a SafeSourcing customer services representative if you like assistance getting your procurement strategy aligned.
We look forward to and appreciate your comments.