tailieunhanh - Procurement value proposition transformation for large scale procurement organisations: the futuristic model

This paper is an attempt to highlight the evolution of Procurement transformation principles demonstrated through an empirical study of large scale practices and conclude with new age approaches around Procurement transformation aligned with future requirements and expectations from the function. | Procurement value proposition transformation for large scale procurement organisations the futuristic model International Journal of Management IJM Volume 6 Issue 11 Nov 2015 pp. 51-69 Article ID IJM_06_11_006 Available online at http IJM JType IJM amp VType 6 amp IType 11 ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication _ PROCUREMENT VALUE PROPOSITION TRANSFORMATION FOR LARGE SCALE PROCUREMENT ORGANISATIONS THE FUTURISTIC MODEL Dnyanesh Sarang Sr. Manager Sourcing Analytics Global Indirect Purchase Organization Sandvik Asia Pvt Ltd Pune India Giri Ganesh Asst. Manager Sourcing Analytics Global Indirect Purchase Organization Sandvik Asia Pvt Ltd Pune India Srikanth Pingali Asst. Manager Sourcing Analytics Global Indirect Purchase Organization Sandvik Asia Pvt Ltd Pune India ABSTRACT Today sustainability and corporate responsibility draw increased focus along with technological advances geopolitical and macroeconomic alterations and demographic shifts is leading to a rapid organisational change in the external and internal environment of the global business landscape. hanfield 2014 . The sourcing and Procurement function is increasingly mandated to fuel the growth and dexterity necessary in these volatile and uncertain times. CPOs and other senior executives are faced with a challenge to adapt to a dynamic business environment and to create greater business value. Genpact 2014 If purchase and supply chain managers are to embrace these challenges new skills competencies and new ways of looking at supply structures and process need to be looked at. hanfield 2014 . Many global businesses have gained efficient results through Procurement transformation initiatives in the past however its current operating models are seldom able to deliver on these expectations due to large scale macro- economic shifts and dramatic changes in the role of Procurement within