Procurement Transformation
As the role of procurement continues to evolve, new approaches are required. Leading organizations are transforming their procurement function with new sustainable mindset, new processes and new technology. PIR has extensive experience of transforming sourcing and procurement organizations on strategic, tactical and operational levels with clients that are leading organizations within their industry.
Do you know the degree of maturity of your Procurement function and what can be done to improve its delivered results?
PIR can easily compare your Procurement function with our very comprehensive benchmarking database. In a very short time, we can thereby help you identify the gaps towards leading practice as well as towards organizations in your industry and develop an action plan to close the gaps.
Is Procurement a strategic partner in your organization?
Procurement has great potential to deliver so much more than savings in both value creation and risk mitigations. PIR has a structured approach to develop a strategy and governance for procurement to maximize its contribution to your business’s overall strategies and identify the development needed for the Procurement function in governance, processes, systems and expertise.
Based on over 1000 procurement projects, PIR has an incredible amount of experience of various procurement organizations’ ability to deliver results.
We support our customers in their transformation of organizational model and our approach is based on overall vision, mission and strategies and address how to develop the organizational model including role descriptions that best suits your business. An important component is to define interfaces with and forms of collaboration with other organizational units.
Does your Procurement organization have effective tools and the structure in place to be able to identify, deliver and realize savings?
Without appropriate processes and systems that support the entire purchasing process from savings identification through sourcing to contract management, call-offs, invoice management and payment, procurement will never be able to live up to its full potential. PIR has solid experience of analysis, design and implementation of efficient procurement processes and digitalization.
Procurement Engagements
Maturity Assesment of the Procurement Function
The client wanted to asses the current maturity of the procurement function and identify improvement areas and define its future state.
Industry: Travel & Transportation
Cost Control Analysis
The client wanted to gather an as-is understanding of cost control practices, originating from two legacy organizations following a recent merger, and identify improvement areas.
Industry: Media & Entertainment,Private Equity
Digital Procurement Roadmap
The client had a clear focus on making digitalization a strategic priority and created a strategy roadmap. As a part of this Procurement wanted to define its own digital roadmap.
Industry: Infrastructure & Construction
Insights in Procurement
Insight
Strategy Alignment
Companies are facing more challenges today than ever and Procurement can be part of the strategy to handle these challenges. Procurement could play a center role in increasing competitiveness by e.g., mitigating cost increase, securing sustainability targets, enabling digitalization on company or functional level, and ensuring a flexible supply chain. When Procurement is Done Right, the Procurement Strategy is an integral part of and aligned with the overall business strategy.
Insight
Closed Loop
Dividing the Procurement organization into a strategic and operational part is very common. However, it is still common to find that the process interface between these two parts has not been considered to the extent it deserves, resulting in two separate processes and disconnected information flow between.
Discover More Solutions
Cost Optimization
Our methodology for cost optimization is not just an elevator pitch, you get practical solutions, feet on the ground, and both top- and bottom-line result.