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Key processes improvement
The recent crisis hastened the transformation of purchasing. First, this involves extending purchasing’s scope. The constant search for savings has led the purchasing function to align more closely with in-house customers along its service duties. This step forward can only be achieved if strong processes are in place. Elaborating sourcing strategies, managing the risks associated to suppliers, gaining a deep understanding of supplier markets and mastering the cost breakdown structure are examples of key processes to be mastered by most of the companies.
How BearingPoint brings value
Establishing efficient processes is essential to ensuring the overall performance of the purchasing department. Focusing on the added value brought to the company is the key to improving processes and defining ‘best practices’.
Moreover, setting accurate KPIs is mandatory in order to measure and instil a culture of continuous progress.
We can help you achieve excellence through improving your purchasing processes:
Identify and focus on key processes
Run thorough assessments to understand your processes from a big picture to a detailed view
Benchmark your processes against best practice
Define clear improvement guidelines and implement concrete actions to streamline your processes
Help you synchronise your processes throughout your organisation and your stakeholders and stay aligned with your global strategy
Enable you to monitor your improvements through Key Performance Indicators
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