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Now that you’ve
read the Five …
But if you think you’re good at procurement,
you may be wrong.
Buy it bad
In a complexifying world, there’s a strong correlation between procurement health and corporate performance.
It pays to buy well
Procurement matters more than you might think. Here’s how to make the most of what and how you buy.
Buy well
In this edition:
A next-generation operating model for source-to-pay
Article
Dive deeper
A next-generation operating model for source-to-pay
Do you know what your procurement function can—and can’t—do?
Do you know what your procurement function can—and can’t—do?
Blog post
Dive deeper
A next-generation operating model for source-to-pay
A next-generation operating model for source-to-pay
A quick briefing in five—
or a fifty-minute deeper dive
A next-generation operating model for source-to-pay
A next-generation operating model for source-to-pay
Article
Dive deeper
The model you need
To make the most of your own procurement efforts, embrace a next-generation operating model.
Digital procurement:
For lasting value, go broad
and deep
Digital procurement:
For lasting value, go broad
and deep
Article
Dive deeper
Look outside
Buying well also means prioritizing the roles that mingle most with procurement—even if they’re outside the function.
Discover more Five Fifties
Do you know what your procurement function can—and can’t—do?
Do you know what your procurement function can—and can’t—do?
Blog post
Digital procurement: For lasting value, go broad and deep
Digital procurement: For lasting value, go broad and deep
Article
Subscribe
Savings
COGS
EBITDA
EBITDA
20
17
11
Average EBITDA margin, %
COGS
0.4
0.1
–0.1
Annual reduction in cost of goods sold, %
5
4
2
Annual procurement savings, %
Savings
Procurement followers
Middle of the pack
Procurement
leaders
complexifying
Degree of excellence in procurement
Self-
assessment
High
Medium
Low
Low
Medium
High
Followers
Middle of
the pack
Leaders
Benchmarking scores
Invoice to pay
Category
management
Business
partnering
Supplier
management
Procure
to invoice
Source
to contract
Strategy
Logistics
manager
Warehouse
manager
Low
Accounting
manager
Maintenance
manager
Medium
Buyer
Project
manager
Production
manager
Supplier
Category
manager
High
Inside function
Outside function
Level of interaction with others (illustrative)
A next-generation operating model for source-to-pay
A next-generation operating model for source-to-pay
A next-generation operating model for source-to-pay