Purchasing Process Design
The primary goal for many procurement departments continues to be minimizing costs and supply assurance. On the other hand, the key to achieving successful results requires developing systematical and cooperative approaches, rather than simply evaluating offers and prices. Volume consolidation, technical specifications and total cost analysis, global sourcing, supplier relationships, process optimizations, and the effective use of technology would significantly reduce external expenses while improving quality and supplier performance.
Deloitte uses a 5-step procurement model to detect optimization opportunities in the procurement processes of clients and applies best-practice benchmarks. Optimization opportunities within the process flow are stated explicitly and necessary modifications are emphasized. Consequently, the processes are designed considering best practices, and the necessities of the market and the customer.