Value Generation

As a business discipline, P&SM is and in many cases has shifted in focus from tactical and reactive to strategic and proactive.

Information about Value Generation

The purpose of this practice guide is to ensure that people working in P&SM recognise and then demonstrate that they can deliver to shareholder value by delivering value adding activities as well as savings, and that CEO’s and FD’s in organisations accept and understand the true and changing evolution of the role and skill sets of their P&SM function.

Related concepts

Procurement Transformation

A new era is changing the procurement function, creating broader and deeper roles where buyers also need to be value brokers, and capture, retain and manage talent (Supply Management)

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Procurement’s Role in the Generation and Capture of Value...

Only by understanding the limitations around existing measures of performance, and the nature of value for organisations and customers, can purchasers hope to demonstrate the...

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Procurement’s Evolving Role in Enterprise Supply Chains

This paper is only one contribution to the ongoing debate about procurement’s evolution as a subject along a supply chain that now fulfils the marketing concept – from conception to...

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