Procurement GPS is a systematic roadmap for procurement and organisational success. It provides a comprehensive framework that cascades business priorities into procurement strategies and operational improvement plans. The toolset was developed from academic research stretching back 30 years and operational testing over the past 10 years.
Given below are some examples of the tool's application.
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The Procurement GPS was used to identify issues within the organisation where a supply solution could yield significant business benefits. These findings were then used to engage the senior management team and demonstrate the breadth of opportunity presented by a business-oriented procurement organisation. » more details
An acknowledgement by the business executive that the current business model was no longer fit for purpose led to a general review to understand what should be the strategic capabilities of the organisation, thereby defining what was no longer core. This gave procurement the information it needed to initialise an analysis of external supply market opportunities for outsourcing non-core capabilities. » more details
A drive was initiated by Procurement to lead the provision of third-party spend. However, the weak history of the function meant that there was a lack of understanding of what was being offered and an unwillingness by the organisation's senior management team to release control of high-value spend categories to Procurement. » more details
The organisation was competing for investment from the stock market. Procurement was identified by the organisation's Board as being strategically important in attracting this investment, however, there was uncertainty around how to realise the full potential of the function. » more details
Procurement GPS is a Procurement Intelligence Unit application. To find out more or to arrange a demonstration, simply contact us below.
Procurement GPS
Procurement Intelligence Unit,
Unit 5 Tun Yard, Peardon St
London
SW8 3HT
United Kingdom