Procurement stakeholders?
Ever thought about how many stakeholders we connect with on daily basis? How many bridges we build between all functions?
How many nuances of the business we need to grasp to truly understand how to best support everyone’s goals?
& Yet, we often hear:
– procurement slows us down
– they only care about cost, not quality or impact
– too much paperwork, too many approvals!
Meanwhile, we are facing our own challenges,
1. balancing speed with compliance
2. ensuring value beyond just the lowest price
3. managing risks while keeping things moving
So how do we bridge the gap?
We understand our stakeholders, & we need them to understand us.
For that, we have to:
1. engage early! Let us be in the conversation from the start, not just when things go wrong or there’s a need for a PO.
2. speak our stakeholders language. Finance needs cost control, marketing needs flexibility, IT needs security… One size fits all doesn’t work. We customize, adjust, adapt, & remain flexible.
3. show total value. It is never only about the price. We think broader, considering risks, innovation, sustainability, & constantly improving our processes & efficiency.
4. we are a true partner! We’re here to serve & work closely with all of you. When we work together, the whole business wins.
Ultimately, stakeholders’ success is our success! so let’s us be your strategic partner, not your bottleneck:)
Check the table to see how we can help!
Procurement fellows, let me know what we need to add & what we could improve in here? Share your experience, I’d love to hear it – Thank you 🙏
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