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What is Procurement Transformation?
It is the focus on sustainable,
collaborative, performance-based results with your Suppliers and your internal stakeholders.
Traditional strategic sourcing models have focused on per unit cost reduction, selecting the low cost provider,
and static supplier performance metrics (such as cost, quality and delivery). As organizations look to evolve beyond these activities,
they become focused on supporting corporate revenue growth through cross functional teams that accelerate results on complex Direct and
Indirect categories, as well as focus on driving total cost of ownership improvements and constantly measuring performance-based
outcome results with its supply base.
The team’s focus is on continuous improvement and sustainability. An optimized management process is utilized to drive innovation and
operational excellence across business functions and within supply management.
Achieving transformation cannot be achieved simply by working with traditional management consultants. The value generated is limited by
the term of involvement, the depth of resource experience and the lack of repeatable internal processes.
The Forefront Group offers experienced advisors to guide you through organization and procurement transformation strategy
design, and we support flexible solutions as you move through the transition.
In partnership with your team, we augment the process by performing an assessment of how well your resources and processes
support the outcomes you want to achieve, identify improvement opportunities — then help you get the resources and processes
aligned to succeed.
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