If you’re going to be planning the intricacies of your business every step of the supply chain (a wise idea), don’t forget that procurement itself is something worthy of its own strategy template. Procurement is simply what your company does to get the supplies, services, and resources it needs from independent suppliers and service providers. Every point at which your business interacts with other players in the market place is something to properly monitor. Many details goes into procurement than simply, well, procurement. There is timeline, funding, budget, estimated risks, and projected opportunities, among others. How do you weave all this into a cohesive plan to bring it into reality?
These documents should do the trick. For free, you can download these procurement strategy reports, prepared as PDF guides, analysis reports, and even case studies. You can’t help but learn how to be a wiser business person with these resources.
If you are like many small businesses just starting out, you would have everything in your plan laid out, from your Sales Strategy to the marketing tactics to your corporate logos and product design teams—and you forget to include procurement. You just assumed you would find what you need when you need it, no strategy required, right?
Wrong. Procurement is a necessary part of your Business Strategy, and all the biggest manufacturers playing the long game understand this.
How do you start?
These documents were put together to help you find your way.
Whichever you pick, you will notice a focus on the central elements of any procurement strategy:
Other elements of your strategy may include the decision of whether to procure at all, do procurement outsourcing (where a contractor will do the procurement process for you), or whether you will create the materials you need.
Our aim is to provide you with all the documents and reference material you can download for free to help you get a leg up on how you plan and manage your business. How you use these free documents is up to you. Download them, study them, and create your own strategy. Or hand printouts to your team and have a brainstorming session. Take advantage of the information that comes your way.
Everything needs strategy. Streamlining your procedures is one thing, and keeping your human workforce up to par with your systems and machines is another. Don’t forget to develop a Training Strategy while you’re at it.