CAPABILITY
TRANSFORMATION
Supercharge how you do procurement
PROCUREMENT THAT MAKES IMPACT
In today’s business landscape, procurement teams face a multitude of complex demands that go beyond traditional cost considerations. Factors such as sustainability, risk management, and innovation now play crucial roles. This requires procurement professionals to integrate traditional skills with additional capabilities that facilitate effective engagement with various stakeholders and proficient handling of diverse tasks. Failing to meet these evolving capabilities risks undermining trust and, consequently, overall impact. Despite often limited budgets and resources, it’s imperative to strategically develop and nurture the right mix of capabilities to succeed in this dynamic environment.
“Procurement officers must consistently realign with evolving business priorities. Ensuring that functions remain optimized to address these challenges is crucial for making a meaningful impact in the appropriate areas.”
PUTTING CAPABILITY AT THE HEART OF IT
Over the years, the role of procurement has undergone a significant transformation, evolving from simple sourcing to a more strategic and diverse function. During this journey, we’ve introduced category management strategies, established collaborative business partnership models, and digitized our processes. As we now shift our focus towards areas such as risk management, purpose-driven initiatives, and sustainable growth, it’s time to reconsider how businesses engage with their supply networks and the necessary capabilities within procurement.
- A strategy that is anchored to the priorities of the business and broken out into a more granular “how”
- Processes and data are optimized around the strategy, automated where possible, and optimized around UX.
- A blend of internal and external capability are used in a hybrid skills model that can flex to demands
CREATING A FUTURE THAT SUITS YOU
At Kshariltd, our approach to capability transformation prioritizes crafting bespoke procurement models tailored to your organization’s unique needs. We believe in collaborating closely with you to envision a future that aligns with your goals and motivates your team. This approach may involve building a new procurement framework from the ground up or enhancing existing processes. Transformations are often sparked by specific requirements and can seamlessly integrate with other initiatives, such as cost optimization programs, comprehensive transformations, or sustainability-driven procurement efforts.
- Experience in multifaceted procurement transformation delivered by expert SMEs working closely with your teams.
- A centralized IP model ensures access to the latest thinking and methods and partners for more specialist insight.
- An approach that can tailor to the need to build, operate, and transfer capability back to your direct ownership.
COST TRANSFORMATION
With an average of 70% of a company’s revenues being spent with external suppliers, Cost Optimization Services ensure best value is known, achieved, and maintained.
CAPABILITY TRANSFORMATION
Building the right procurement model is not a one size fits all. Capability Transformation Services help organizations to build fresh or upgrade existing procurement models to boost impact.
SUSTAINABLE PROCUREMENT
With supply chains key to achieving sustainability goals, Sustainable Procurement Services support CPOs and their teams to consistently plan and achieve greater environmental and social impact.
SPECIALIST SUPPORT
When business have specific projects or complex programs to execute, Specialist Support Services bring expertise on demand to cover capacity and capability needs.
LET’S TALK.
If you are looking to drive purposeful and profitable change, get in touch.
