Procurement organization & capability development
Procurement organization & capability development
Sustainable value created
- Global spend master data cleansing, spend data visualization and implementation of categorization system in accordance with international standards
- Design of purchasing processes and procedures tailored to the global business activities and procurement strategy
- Detailed execution plan that includes prioritized sourcing targets and realistic savings goals
- Design of a local supplier development program to support local supplier communities and eco-systems
Client profile
A global leader in agricultural chemicals with an annual spend of nearly 4 billion euros and 250 staff in the procurement function.
The challenge
A centralized procurement organization already existed in this multinational, but the organization needed to reach a higher level of maturity to meet further procurement targets.
The processes were mainly operational and first implementations in digitalization did not bring the desired improvements on the contrary, efficiency dropped.
Hudicor’s approach
Detailed master data cleanup was carried out by Hudicor to ensure reliable analysis of spend and procurement intelligence.
All spend categories were examined in detail in order to determine the potential for savings and an action plan was designed to develop more local suppliers to support local supplier communities and eco-systems.
In parallel a full diagnostic was executed on the procurement function including the operational processes, the organization, the supplier management, sourcing, performance management and digitalization: the As-Is. In workshops, comparing with best in class, the achievable improvements were defined: the To-Be. This resulted in an overall roadmap, the way forward. Subsequently, improved purchasing processes and procedures were designed.
One of the challenges was to assure former unsatisfying digitalization could be turned around.
Strategic sourcing creates value but can also be a lever to reduce the operational workload.
Interested in accelerating procurement performance and savings?
