10 Strategic Procurement Ideas
How Many of These Strategic Procurement Ideas Are You Using?
PurchTips Edition #346 Click here for the printer-friendly version
Procurement is most strategic when it positively and measurably impacts your organization’s customers. With that in mind, here are 10 strategic procurement ideas.
- Reduce costs in a way that enables your organization to price its products/services more competitively
- Help suppliers improve quality in a way that enables your organization to improve quality to its customers
- Improve supplier delivery in a way that enables your organization to deliver its products/services to customers faster
- Improve supplier offerings/performance in a way that will increase the satisfaction of your organization’s customers
- Manage procurement in a way that presents your organization as more socially responsible to its customers
- Introduce ideas and innovations that enable your organization to launch new products/services or enter new markets
- Change processes so your organization is more agile in handling changes in customer demands & market conditions
- Improve processes in a way that makes your organization’s operations more efficient
- Implement changes that enable your organization to be more convenient for customers to do business with
- Reduce risk in every way practical
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