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Ep 06 Inside Procurement: 10 factors to create a world-class procurement strategy
In the last episode we talked about what constitutes a robust procurement strategy, and how do you ensure that it is aligned to the overall corporate strategy. In this video, we focus on the 10 essential factors that make for a world-class procurement strategy.
- Tailor your strategy to the right level
- Focus on priorities
- Understand your space
- Be evidence based
- Communicate at all levels
- Focus on establishing trusted relationships
- Don’t short-change technology
- Embed collaboration
- Emphasise risk and control
- Commit to yourself and your team
Watch the video for more insights on these top 10 elements.
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