The Covid-19 pandemic put an enormous pressure on all sectors of the market. Companies scrambled to promote and accelerate change.
In times of crisis and drastic changes, the procurement area needs to be apt to operate quickly and effectively. The role of procurement goes even further: while companies are rethinking their operations, procurement leaders are increasingly demanded to take a more strategic role in key business decisions.
They seek to implement agile operational models and integrated systems. In our previous article, we had introduced the 9 principles of Procurement that Flows™, and its first stage – streamlining operations. Now, let’s dive into the practices ensuring the agile adaptation to change and exceptions. Then stay tuned for the third article of the series, concluding the final list of key principles.
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Organizing tasks by common characteristics and purposes is important to ensure a smooth procurement process, with flexibility to deal with nuances and exceptions. This means that, on a daily basis, stakeholders know about their requests and have an overview of the stages of the process.
A workflow is only successful if it meets the needs of the business and the teams involved. Users require flexible, adaptable technologies that can be easily configured to fit their reality. Users demand to have a positive experience with the tools employed to complete their work.
Process visibility and team adherence to compliance protocols are one of the main focus of Procurement that Flows™. To achieve strategic maturity, it is key that these practices and protocols are tangible and permeate all hierarchical levels and departments involved.
Follow our content to discover the final stages of the implementation of the 9 principles of Procurement that Flows™.
Do you want to know how to build an effective and integrated flow for the Procurement area?Do you want to know how to build an effective and integrated flow for the Procurement area? Learn more.