Transforming a Procurement organization into a value-creating strategic partner is an ongoing process that requires the structured approach provided by Procurement Program Management.
Managing a transformation program is a complex process involving the coordination of multiple stakeholders and functions, often with competing interests and activities.
Efficio’s Procurement Program Management service will ensure your transformation team maintains focus and drives quality through the proactive management of all projects.
Efficio’s Procurement Program Management team provides support during major transformations and through ongoing procurement activity. Our approach includes:
- Implementing an online solution to track all savings and key milestones
- Creating governance and peer review boards to enhance stakeholder engagement and increase sustainability of solutions
- Driving quality throughout the sourcing process with pro-active engagement with buyers and managers
- Providing a single point of contact for all internal and external stakeholders
Our Procurement Program Management service instils and maintains a mindset around the delivery of value through procurement on a project basis, using all the sourcing and procurement levers, rather than merely through the effective but reactive execution of orders. We believe this is a superior way to operate.
Procurement as a value creator
Procurement Program Management will allow you to establish Procurement as a strategic value-creating ally of other functions, but only if the organizational focus is maintained. We help you manage the procurement activity pipeline, ensure both routine and project activities are adequately resourced, and ensure that the cost and value claims made by Procurement are credible to stakeholders.
Efficio provides market-leading program management and online reporting tools customized to end-user requirements. These enable you to coordinate multiple activities and deliver projects with a proactive focus on quality. Progress through key milestones and savings targets can be monitored and shared.
Yet ongoing program management is not simply about measuring performance: supporting the Procurement team through timely advice and market intelligence is crucial.
We recognize that the need for Procurement Program Management continues even after your transformation objectives have formally been achieved. Efficio transitions its Procurement Program Management to the client post-transformation by leaving behind tools and processes. The new Procurement function will have an expanding role in your organization, working across a range of functions and stakeholders.
Creating governance and peer review boards brings stakeholders together and increases the sustainability of solutions. For these, Procurement Program Management provides a single point of contact and a credible, synoptic view of savings achieved and value created.
Efficio has implemented Procurement Program Management with many clients across all sectors and at many scales, always with the goal of using Procurement to identify and deliver opportunities and drive quality.
At National Grid, implementation of a global Procurement organization in the US and UK has been supported by Procurement Program Management. Carefully coordinating all procurement activities was critical to the success of the transformation program, as it enabled the client to retain focus on the ultimate objectives. Similarly with Amey, Procurement Program Management has supported the implementation of a new Procurement team and the delivery of savings across multiple divisions.