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Compliance is an important piece of the puzzle, but alone does not form a comprehensive business strategy for the procurement function nor enable an effective organizational partnership with stakeholders across the enterprise.
The procurement process is evolving rapidly, and enterprises increasingly view procurement strategy as a critical link in their value chain. The need for a procurement transformation consulting is clear. As buying organizations, your customers expect their suppliers to vigilantly pursue innovation and continually improve performance.
How well is your procurement transformation consultant responding to these expectations?
Compliance is an important piece of the puzzle, but alone does not form a comprehensive business strategy for the procurement function nor enable an effective organizational partnership with stakeholders across the enterprise. Augment Capital Edge’s business system compliance capabilities with procurement strategy consulting to realize your value creation objectives.
Capital Edge provides are customers with a procurement transformation consultant. We assists our digital procurement customers with defining and designing their strategies for organizational structure, skills, procurement solutions and supply chain. These strategies are then realized through the application of bespoke playbooks and other tactics. In tailoring your specific approach, aspects considered may include:
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Fundamental in executing a transformation engagement is clearly understanding the strategy and vision of Procurement, for the short-term, near-term and long-term. Common considerations that might be included are:
Supporting the established strategy is the associated organizational structure, considerations may include:
Transformations commonly include a need to augment or improve skills as team members support the mission of new roles and functions within the Procurement organization. Further, especially as it relates to implementation of new procurement solutions, skills enhancement is needed to drive solution adoption and value realization. Common aspects of transformation engagements include:
We help customers realize the benefits software systems are supposed to provide. Procurement solutions should enable the strategy and position the function to create and sustain value. Too often, Capital Edge Consulting finds that insufficient digitization of procurement processes within installed source-to-pay solutions are barriers to value creation. Representative aspects of solutions-related support might include:
Here are the latest questions being asked about Procurement Transformation Consulting
Although the outcomes of transformation initiatives can be summarized as going from good to great, or great to greater, any number of events may warrant procurement transformation services:
Foremost, Capital Edge Consulting believes in a transformation approach that keeps things simple for ease in communications and managing change while being comprehensive in scope. For the lifecycle of transformation activities, we will consult within four primary areas:
Fundamental in executing a transformation engagement is clearly understanding the strategy and vision of Procurement, for the short-term, near-term and long-term. Common considerations that might be included are:
Supporting the established strategy is the associated organizational structure, considerations may include:
Transformations commonly include a need to augment or improve skills as team members support the mission of new roles and functions within the Procurement organization. Further, especially as it relates to implementation of new procurement solutions, skills enhancement is needed to drive solution adoption and value realization. Common aspects of transformation engagements include:
We help customers realize the benefits software systems are supposed to provide. Procurement solutions should enable the strategy and position the function to create and sustain value. Too often, Capital Edge Consulting finds that insufficient digitization of procurement processes within installed source-to-pay solutions are barriers to value creation. Representative aspects of solutions-related support might include:
Capital Edge government contract consultants support Government Contractors and Federal Grant Recipients. Our consultants specialize in the regulatory compliance matters you need.
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