Perhaps you disagree with me, but I think each organisation should concern itself with what is appropriate for them as opposed to copying what may well be right for others, but sometimes is actually no more than an aspiration. Anyway, it is useful to have an idea of what a scorecard could look like, consider what is appropriate for you, decide where you are now, and then set out a strategy of how your going to make the prioritised journey to 'best for you'.
So, with all that in mind, here's a puzzle for you for the weekend. Below is a view of procurement best practice: What's missing and what's wrong?
No need for answers on a postcard - a comment will suffice!
- Centre Led Action Network with Internal Consultancy service
- C-level procurement leadership
- Clarity of Vision for Procurement
- Contribution beyond CQID to Strategic Goals
- Aligned procurement strategy
- Top table performance management
- Top Table procurement risk management
- Legal Compliance including, Bribery Act & Modern Slavery Act
- Strategic Make/Buy leadership
- Participation in NPD with Supply Innovation harvesting
- CPO inclusion in non-procurement strategic project teams
- Programme and Project Management skills deployed
- 100% influence over spend (from ‘Defining Need’ to ‘lessons learnt’)
- Intelligent benchmarking (CQID x-sectors)
- Supply Base Policy & Strategy, including Supplier Engagement, Supplier rationalisation and making markets)
- Integrated S2P system
- Digital Procurement Strategy & implementation (Cloud, Social, Big Data & Mobile)
- Category Management embedded and moving to Market Informed Sourcing
- Global/Regional/Local right sourcing
- Appropriate use of power
- ‘Right mix’ procurement outsourcing e.g ‘Tail spend’
- Competitor partnerships in supplier development
- Ethical & Responsible SCM
- Global TNA and Skills development plans
- Standardised & optimised processes with robust adherence systems.