Home > Knowledge > Topics and Skills > Strategy and Policy > Procurement Strategy Development > From Strategy to Practice - Making Procurement Strategies Work in the Real World

From Strategy to Practice - Making Procurement Strategies Work in the Real World

Customer choice is driving organisational change as the customer wants faster, cheaper, better, friendlier, and more flexible availability of products and services.

Information about From Strategy to Practice - Making Procurement Strategies Work in the Real World

The economic climate is fast moving and organisations have to change just to keep pace. Technology is helping to increase global competition, which means organisations in every sector have to be able to compete on the basis of many factors, such as speed of delivery, cost efficiency, assured quality, innovation, flexibility and, probably most important, customer-responsiveness. This has created an even greater burden on the procurement professional to deliver efficiencies whilst faced with a number of conflicting priorities during their daily activities.

Return to Strategy and Policy topic.

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...

Find out more

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...

Find out more

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...

Find out more