Future of Procurement - The Engine for Value Creation by Reza Hagel CPO & Principle
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Procurement Engine as Process Matter Expert. RISK MANAGEMENT AS THE ENGINE OF PROCUREMENT SOLUTIONS & DATA INTELLIGENCE AS THE FUEL FOR VALUE CREATION
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Future of Procurement - The Engine for Value Creation by Reza Hagel CPO & Principle
- 1. THE FUTURE OF PROCUR PROCUREMENT RISK MANGEMENT AS THE ENG ENGINE OF PROCUREMENT SOLUTIONS & DATA INTELLIGENCE AS THE FUEL FOR VALUE CREATION Commercial Services Category Analysis Category Planning Negotiations Planning Vendor Innovation Opportunities Category Management Assessment CapEx & OpEx alignment with revenue Maverick spend identification (indirect) ROI and TCO tracking Savings realization tracking Spend Management Data intelligence Contract Services Supplier Services Managing Risks Vendor Management Contract Management Vendor relationship management Strategy and contract alignment Vendor Portfolio management Registration & Standardization Vendor data Analysis Clause optimization & benchmarking Vendor performance management Clause Library Service Level Agreement Operations Services Vendor Operations & Logistics THE FUTURE PROCUREMENT ORGANIZATION WILL ACT AS AN INTERNAL CONSULTANCY OR AC SULTANCY A SEPARETE ENTITY TO THE BUSINESS OR GROUP OF OPERATIONS. GROU WITH THE INTEGRATION OF RISK MANAGEMENT A AND DATA INTELLIGENCE AS THE ENGINE TO DELIVER THE 4 MAJOR SERVICES PROVIDED BY PROCUREMENT.