It`s tempting to look at procurement as a function focused on cutting costs, but it can and should do more. Excellence in procurement requires a deeper look at internal needs and supply market capabilities, and better collaboration with suppliers and internal functions. Businesses manage fluctuating prices, volatile markets, changing technology, and increasing globalization through sustainable and efficient procurement solutions that don`t require a sacrifice in quality or service.
Strategic Sourcing & Procurement Performance Excellence Booster
Hay Think helps businesses assess procurement holistically to identify gaps that, when closed, can deliver dramatic savings.
Via Strategic Sourcing & Supply Chain Excellence Management
Demand Management Excellence
Category Management Excellence
Supply Base & Innovation Management Excellence
Sourcing Strategies Management Excellence
New Sourcing Project Management Excellence
Cost Management Excellence
Strategic Purchasing Negotiation Panels
Supplier Assessment, Selection Decision Matrix & Smart Contracting
Supplier Quality Management Excellence
Supply Chain Risk Management Excellence
Supplier Excellent Management & SRM
Lean Production Management
Lean Supply Chain Management
Solving the Procurement Challenge
Procurement is multifaceted, spanning everything from raw material acquisition to marketing expenditures. It`s also material, representing a significant portion of many organizations’ total costs.
Achieving excellence in procurement is vital to remaining competitive and profitable over the long term. Hay Think offers a variety of solutions that can help reduce costs, streamline the procurement process, and create a competitive advantage.