Procurement Transformation
At Hudicor, Procurement transformation goes way beyond the norm.
We design and implement operating models, processes and tools that maximise the efficiency and effectiveness of your procurement organisation. We deliver procurement excellence by integrating and aligning your procurement function with the organisation’s overall objectives. Thereby increasing market value and delivering competitive advantage.
Hudicor’s Mission is to deliver best-in-class procurement
Using the overall business strategy as a guide, developing a procurement vision and strategy is the crucial first step to delivering best in class procurement. This alignment with the overall business strategy enables the identification of clear priorities in areas such as organisational structure & processes, procurement governance, risk management, and supplier relationship management. Increasingly, companies priorities are also focusing on sustainability and digitalisation.
Next we conduct a four pillared maturity assessment. This assesses your procurement organisation’s current performance against best practices in line with your procurement organisation’s strategy.
Organisational Structure & Processes
The first pillar in the maturity assessment reviews your procurement organisation’s current structure. We assess tools and technologies that will increase its efficiency and effectiveness and identify improvements to your operating model. We always ensure a good balance between efficiency gains and other business objectives, and alignment with overall business objectives.
Governance & Compliance
However good a process may be, it will only create value when complied with. The second pillar, governance and compliance, is therefore always an area of focus. Every successful procurement organisation needs a robust governance model with appropriate levels of control, ethics and measurement. Policies must be understood and used, and clear methodologies must be followed for category management and sourcing. To do this, professionals must be equipped with the appropriate tools and training programs. Capability plays a key role in this pillar.
Contract & Supplier Management
Contract and supplier management is the third pillar. The added value delivered by a best-in-class supplier management system includes improved supplier relationships, better compliance and reduced workloads. In addition, good supplier management can be used to accelerate innovation, reduce risks and achieve ESG targets.
Performance Management
The last pillar is performance management. We conduct performance benchmarking with external benchmarking and key performance indicators (KPI’s). We aim to determine whether current systems, procedures and processes are successfully driving the achievement of objectives.
INTERESTED IN ACCELERATING PROCUREMENT PERFORMANCE AND SAVINGS?
