Function & Transformation Strategy
Chart a purposeful course that fulfills clearly defined stakeholder and enterprise value objectives.
Vision & Mission Development
It’s crucial that organizations reflect and articulate a clear purpose and direction. This starts with aligning Procurement’s vision and mission with enterprise level strategy, core values and key stakeholder objectives. It also ensures that all long-term strategic planning and transformation roadmaps are built on a clearly stated sense of purpose that delivers impact where the organization values it most. ExcelServe can facilitate the right reflection needed to build a vision and mission that is inspiring, purposeful and reflects the values DNA of the organization.
Stakeholder Value Definition
Procurement can deliver value in many forms, but if it’s not aligned with the value objectives of the stakeholders procurement serves, it will generate value that has much less worth to stakeholders. Defining value in the eyes of the stakeholder is critical for all procurement organizations. This must be the starting point for building a strategy and ensuing capability development efforts to ensure procurement is serving its internal and external stakeholders with intention and purpose.
New Function Development
Is your organization establishing a formal procurement function for the first time? Perhaps indirect procurement has never been actively managed and its finally time to stop the value leakage and empower a team to better manage spend. A “typical” procurement function focuses on many aspects – sourcing, contracts, supplier performance, supplier risk, purchase-to-pay, and some much more – but what do you focus on first? ExcelServe can advise you on setting the foundation of core procurement capabilities that allow procurement to immediately deliver quick-wins and real value.
Capability Maturity Assessment
The first step in your transformation planning starts with getting a sense of where you are today, how you fare against industry best practices and performance benchmarks, and what an aspired future state may look like. ExcelServe capability assessments consist of a holistic yet targeted review of Procurement’s service delivery so the outputs enable you to understand your maturity baseline and plan improvements in an informed and prioritized manner to build capabilities that drive real impact and benefit.
Transformation Roadmap
The demands of daily operations are often so consuming that we forget to step out of the trees and appreciate the forest. If you want transformation to be more than just a buzz word, you need to establish a thoughtful, prioritized and actionable transformation roadmap that charts the course of evolving your capability maturity and enhancing your value proposition. This is the critical step that allows you to substantiate individual initiatives, rationalize effort and benefit and pursue formal business cases for getting the blessings you need to move the transformation march forward.
Operating Model Design
Procurement has a very difficult task of maximizing value delivery while striking a balance of stakeholder and organizational expectations as well as pressures and constraints among the same group as well as the external environment. More importantly, these dynamics are constantly evolving. This is why Procurement’s operating model must enable the function to meet not only the needs of today, but be agile to support the needs of tomorrow. This balance of synergy and flexibility is a delicate one to strike, but a crucial one if Procurement wants to truly perform at its highest potential.
