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Procurement Strategy Development


A procurement strategy is developed in order to establish the direction of how procurement should be organised in order to implement the procurement policy.

CIPS Procurement Topics

Related concepts

Future Supply Chains

In our industry the competitor that's best at managing the supply chain is probably going be the most successful competitor over time. It's a condition of success...

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Exit Strategies

Buyers and suppliers need to have a clearly defined exit strategy agreed during the pre-contract stage to avoid difficulties should the relationship turn sour...

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Forward Integration

Forward integration is an aspect of strategic development relating to securing inputs and acquisition … most often used to refer to an organisation’s attempt to...

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Future of the Profession

There are some absolute guarantees in life – one of them is change; some of us fear it, some of us relish it but either way we all have to deal with it.

Over the past year CIPS has taken a close look into emerging changes in business and markets and analysed a variety of trends to identify opportunities for the Procurement and Supply profession and its next generation of professionals.