The Procurement Idea Pipeline, Part 1<\/h3><\/div><\/div><\/div>PurchTips edition #415<\/p>\n<\/div>
Are You Getting Ideas To Flow Into Your Organization?<\/h4><\/div><\/div><\/div>There are often arguments about which department is the most important to the organization. And, sometimes people bring procurement into that conversation. If all the procurement department does is place orders, that department is not likely to have its claims of importance being taken seriously. But, when a procurement department leverages its unique position to be the department that connects internal operations with the outside world, a case can be made for\u00a0procurement\u2019s superior importance<\/strong>.<\/p>\nHow many employees does your organization have? 1,000? 10,000? 100,000? Think of how many profit-boosting ideas that many employees can generate. It may seem like a lot.<\/p>\n
But, how many suppliers does your organization have? And, what is the aggregate number of employees among all of those suppliers? I bet it is a huge number that makes your organization\u2019s employee base seem small! Think of all of the ideas that could come from all of the employees in your supply base. Ideas that are rooted in industry expertise. Ideas that are based on an understanding of what your organization\u2019s competitors are doing as well as what your organization\u2019s competitors should be doing but aren\u2019t.<\/p>\n
To have access to all of those profit-boosting ideas and not taking advantage of it would be a shame. So, your organization should actively solicit profit-boosting ideas from its supply base. In procurement, our natural reaction is to think that \u201cprofit-boosting\u201d is synonymous with \u201cprice reducing,\u201d but that\u2019s not always the case. Supplier ideas can help streamline business processes, increase revenue, eliminate waste or provide any number of profit-boosting benefits other than reducing price.<\/p>\n
Therefore, it\u2019s important to have certain business characteristics and resources in place to solicit and implement supplier ideas. In the next edition of PurchTips, we will introduce you to those business characteristics and resources.
\nNLPA Library:<\/strong>\u00a0Looking for authoritative\u00a0procurement templates<\/a><\/strong>, tools, webinars, and more?\u00a0 Stop trying to create resources\u00a0from scratch and start taking advantage\u00a0of having exactly what you need right at your fingertips in the NLPA Library.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Want A More Rewarding Procurement Career?<\/h5><\/div>![](\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2021\/04\/career.jpg\" "\\"career\\"")
<\/span><\/div>Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Nothing will change unless you take action towards becoming a world-class procurement professional. Work your way up NLPA\u2019s CPO Suite Programs, an enhanced version of our SPSM certifications and bring the most modern procurement practices into your organization and achieve your career potential.<\/p>\n
Download our NLPA Course Catalog<\/strong> for a comprehensive list of the CPO Certification Programs and their corresponding modules per level.<\/p>\n<\/div>
PurchTips edition #415<\/p>\n<\/div>
Are You Getting Ideas To Flow Into Your Organization?<\/h4><\/div><\/div><\/div>There are often arguments about which department is the most important to the organization. And, sometimes people bring procurement into that conversation. If all the procurement department does is place orders, that department is not likely to have its claims of importance being taken seriously. But, when a procurement department leverages its unique position to be the department that connects internal operations with the outside world, a case can be made for\u00a0procurement\u2019s superior importance<\/strong>.<\/p>\nHow many employees does your organization have? 1,000? 10,000? 100,000? Think of how many profit-boosting ideas that many employees can generate. It may seem like a lot.<\/p>\n
But, how many suppliers does your organization have? And, what is the aggregate number of employees among all of those suppliers? I bet it is a huge number that makes your organization\u2019s employee base seem small! Think of all of the ideas that could come from all of the employees in your supply base. Ideas that are rooted in industry expertise. Ideas that are based on an understanding of what your organization\u2019s competitors are doing as well as what your organization\u2019s competitors should be doing but aren\u2019t.<\/p>\n
To have access to all of those profit-boosting ideas and not taking advantage of it would be a shame. So, your organization should actively solicit profit-boosting ideas from its supply base. In procurement, our natural reaction is to think that \u201cprofit-boosting\u201d is synonymous with \u201cprice reducing,\u201d but that\u2019s not always the case. Supplier ideas can help streamline business processes, increase revenue, eliminate waste or provide any number of profit-boosting benefits other than reducing price.<\/p>\n
Therefore, it\u2019s important to have certain business characteristics and resources in place to solicit and implement supplier ideas. In the next edition of PurchTips, we will introduce you to those business characteristics and resources.
\nNLPA Library:<\/strong>\u00a0Looking for authoritative\u00a0procurement templates<\/a><\/strong>, tools, webinars, and more?\u00a0 Stop trying to create resources\u00a0from scratch and start taking advantage\u00a0of having exactly what you need right at your fingertips in the NLPA Library.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Want A More Rewarding Procurement Career?<\/h5><\/div><\/span><\/div>Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Nothing will change unless you take action towards becoming a world-class procurement professional. Work your way up NLPA\u2019s CPO Suite Programs, an enhanced version of our SPSM certifications and bring the most modern procurement practices into your organization and achieve your career potential.<\/p>\n
Download our NLPA Course Catalog<\/strong> for a comprehensive list of the CPO Certification Programs and their corresponding modules per level.<\/p>\n<\/div>
There are often arguments about which department is the most important to the organization. And, sometimes people bring procurement into that conversation. If all the procurement department does is place orders, that department is not likely to have its claims of importance being taken seriously. But, when a procurement department leverages its unique position to be the department that connects internal operations with the outside world, a case can be made for\u00a0procurement\u2019s superior importance<\/strong>.<\/p>\n How many employees does your organization have? 1,000? 10,000? 100,000? Think of how many profit-boosting ideas that many employees can generate. It may seem like a lot.<\/p>\n But, how many suppliers does your organization have? And, what is the aggregate number of employees among all of those suppliers? I bet it is a huge number that makes your organization\u2019s employee base seem small! Think of all of the ideas that could come from all of the employees in your supply base. Ideas that are rooted in industry expertise. Ideas that are based on an understanding of what your organization\u2019s competitors are doing as well as what your organization\u2019s competitors should be doing but aren\u2019t.<\/p>\n To have access to all of those profit-boosting ideas and not taking advantage of it would be a shame. So, your organization should actively solicit profit-boosting ideas from its supply base. In procurement, our natural reaction is to think that \u201cprofit-boosting\u201d is synonymous with \u201cprice reducing,\u201d but that\u2019s not always the case. Supplier ideas can help streamline business processes, increase revenue, eliminate waste or provide any number of profit-boosting benefits other than reducing price.<\/p>\n Therefore, it\u2019s important to have certain business characteristics and resources in place to solicit and implement supplier ideas. In the next edition of PurchTips, we will introduce you to those business characteristics and resources. Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Nothing will change unless you take action towards becoming a world-class procurement professional. Work your way up NLPA\u2019s CPO Suite Programs, an enhanced version of our SPSM certifications and bring the most modern procurement practices into your organization and achieve your career potential.<\/p>\n Download our NLPA Course Catalog<\/strong> for a comprehensive list of the CPO Certification Programs and their corresponding modules per level.<\/p>\n<\/div>
\nNLPA Library:<\/strong>\u00a0Looking for authoritative\u00a0procurement templates<\/a><\/strong>, tools, webinars, and more?\u00a0 Stop trying to create resources\u00a0from scratch and start taking advantage\u00a0of having exactly what you need right at your fingertips in the NLPA Library.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Want A More Rewarding Procurement Career?<\/h5><\/div>
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