What should we change first? Where the function is going, and an operating model built to get it there.
Every procurement function has an operating model, whether or not anyone wrote it down. New technology lands in all six areas, so they have to be designed together.
The operating model
Six areas, all set by the procurement strategy.
Two pieces of work. Each can stand on its own, or the strategy leads into the operating model design.
Where the function is going, what it needs to get there and the order to do it in. The technology strategy is part of it from the start.
The function needs a plan, or the current strategy predates orchestration and AI.
The policies, decision rights and measures the function runs on. For each service, the design sets how it's delivered and who runs it, and the team is sized to match.
The team is stretched, a new platform is coming or you're deciding what to outsource.
In my last in-house role I was the first procurement excellence lead in a business with £10bn of revenue. I wrote the procurement strategy and designed the operating model.
Tell me what you're weighing up and we can work out which of these would help.
Talk it through
Send a short note about the decision in front of you. I reply personally within a working day.
Get in touch