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picture1_Strategies Ppt 79394 | Procurement Is Most Strategic Asset


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File: Strategies Ppt 79394 | Procurement Is Most Strategic Asset
necessity and technology are driving change in public procurement public procurement past public procurement current and future poor spend visibility unclear spend governance robust spend and process visibility tco spend ...

icon picture PPTX Filetype Power Point PPTX | Posted on 06 Sep 2022 | 3 years ago
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         NECESSITY AND TECHNOLOGY 
         ARE DRIVING CHANGE IN 
         PUBLIC PROCUREMENT
    Public Procurement Past….                      Public Procurement Current and 
                                                   Future….
    Poor spend visibility
    Unclear spend governance                      Robust spend and process visibility
                                                   TCO spend governance
    Less than full sourcing coverage
    Limited focus on productivity                 Increased economies of scale
    Price vs Value                                Increased collaboration and sourcing
    Results not validated                         Process and individual performance 
    Few KPI’s tracked                              KPI’s linked
    Limited technological functionality           Process improvement efforts ongoing
    Process/Legal focus                           Joint and transparent planning and 
                                                    performance reporting with 
                                                    stakeholders
                                                                                      2
      LET US LOOK AT THIS 
      CONFERENCE’S THEMES
     Promoting Competition and Deterring 
     Corruption
     Strategies for Sustainable Public 
     Procurement in Small Developing States
     Public Procurement links to other Strategic 
     Public Sector Functions
     Towards a Regional Public Procurement 
     Marketplace in the Caribbean
     Effects of Gender Inclusive Policies in Public 
     Procurement
     Private Sector and Public Procurement
     Trade and Public Procurement
    CHALLENGES OF THE 
    “NEW” PROCUREMENT
     Greater pressure for cost reduction due to limited economic 
    resources
     A greater demand for performance accountability from key 
    stakeholders
  
     A greater need to integrate and exploit supply base 
    technologies and capabilities
     An increased focus on outsourcing and strategic-value added 
    relationships
     Increasing focus on the integration of the supply chain
     Increasing need to capture total cost of ownership and 
    establish the business case
     Increasing need for technology integration and e-
    procurement deployment
     By the way, many of these topics are being discussed 
    at this Conference
    THESE CHANGES 
    IMPACT HOW WE DO 
    OUR BUSINESS
     
     What we have learned is that how we conducted 
     business in the past (silos) needs to change to 
     include:
      Development of regional alliances in procurement – such as 
     the IDB’s recent initiatives
      Strategic relationship management with suppliers
      Increasing use of cooperative purchasing/regional cooperation
      Integrating ePlatforms throughout the entire process – 
     including the supply base
      Focus on human capital management/Talent management
      Strategic cost reduction/value added
      Capturing and sharing procurement performance
      Global sourcing
                                             ce
                                             n
       SO HOW DOES PROCUREMENT ACHIEVE ALL THESE GOALS? 
                                            e
                                           ll
                                          e
                                          c           B
                                         x             E
                                                        N
                                        E                EF
                                         
                                        t     Procurement IT
                                       n      Excellence   S
                                      e
                                     m       Sourcing &  S
                                    e                        T
                                    r       Collaboration     RA
                                   u                            T
                                  c    Triple                    E
                                  o    Bottom         Supplier G
                                 r                 managementY
                                 P     Line                       F
                                                                   O
                               g      Process &                     U
                              in      Governan       Strategy &      N
                              d            ce      Organization       D
                             l Technology                               A
                             i                 People                   TI
                            u                  & KSA’s                    O
                           B                                Leadership  N
                          y                                 & Influence     S
                          B
                                                                                          6
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...Necessity and technology are driving change in public procurement past current future poor spend visibility unclear governance robust process tco less than full sourcing coverage limited focus on productivity increased economies of scale price vs value collaboration results not validated individual performance few kpi s tracked linked technological functionality improvement efforts ongoing legal joint transparent planning reporting with stakeholders let us look at this conference themes promoting competition deterring corruption strategies for sustainable small developing states links to other strategic sector functions towards a regional marketplace the caribbean effects gender inclusive policies private trade challenges new greater pressure cost reduction due economic resources demand accountability from key need integrate exploit supply base technologies capabilities an outsourcing added relationships increasing integration chain capture total ownership establish business case e dep...

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