Optimizing Procurement Management: Structuring for Growth

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Optimizing Procurement Management: Structuring for Growth
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ID: OP-76
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Pages: 56
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Table of Contents

Executive Summary 
Study Background and Methodology
Project Focus
Critical Lessons Learned
Benchmark Class
Report Structure and Organization
Next Steps
Lessons Learned Matrix

Survey Analysis 
Coordinating Procurement Activities with Company Needs 
Managing Procurement Staffing and Budgets
Consolidating Procurement Spend with Technology
Measuring Procurement Performance

Best Practices in Procurement Staffing, Roles and Budgets 
Clarifying Ownership and Responsibilities
Predicting Staffing and Budgets
Consolidating Spend through Technology
Building Leadership Skills
Enhancing Supplier Diversity Diversity Programs

Back to Main Report Page

List of Charts & Exhibits

Centralization vs. Decentralization
Assigning Procurement Responsibilities
Purchase Card Usage
Corporate Spending Limits
Business Unit Spending Limits
Companies with Self-Serve Procurement
Companies without Self-Serve Procurement
Centralized and Hybrid Procurement Staff
Decentralized Procurement Staff
Supplier Diversity Staff
Supplier Diversity Staff vs. Revenue
Centralized and Hybrid Budgets
Decentralized Budgets
Centralized Outsourcing Budgets
Decentralized Outsourcing Budgets
Benchmark Companies’ Supplier Diversity Budgets
Supplier Diversity Budgets
Purchasing Technologies (by percent of companies using technology)
Self Serve Procurement Tools
Procurement Organization Performance Metrics
Tracking Metrics to Measure Success
Predictive Growth Leading Indicators
Tracking Leading Indicators to Predict Growth Needs
Sample Three-Year Plan
Company 7’s Procurement Leadership Skills



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