Spot Buying
- For a specific material, category, or portfolio.
- Deep dive analysis.
- Market intelligence: is a key enabler for any of our deals where we would understand main cost drivers, market size & main players both global & local level.
- Request for quotation: offers from potential suppliers.
- Negotiation.
- Final quotation compliant with pre-set standards (quality, service & price).
Process Setting Or Review
- Objective agreement.
- Understand how it is currently running & how it should be running.
- Gap analysis & scope agreement.
- Stakeholders discussion.
- Investigate, research, analyse.
- Progress update & feedback.
- Develop process solution.
- Process implementation plan (we make it real).
Resilience / Contingency Plan
Scope is developing supply plan to minimize business risk, through following steps:
- Evaluate the current status ( suppliers, materials, business needs).
- Explore market for alternative options.
- Set an action plan.
- Implementation: Either by procurement 360°
OR handover to customer procurement team. - Progress update.
Saving Projects
Scope would be exploring saving projects for a specific portfolio or category, through following steps:
- Category /Portfolio deep dive analysis.
- Objective agreement.
- Explore options.
- Share options with stakeholders, discuss, finetune, agree.
- Set an action plan.
- Implementation: Either by procurement 360°
OR handover to customer procurement team. - Progress update.
Running A Tender
Scope is running tender for specific material or materials, as follow:
- Material / materials current status analysis.
- Objective agreement.
- Explore Market.
- Request for Information (RFI).
- Evaluate & exclude unqualified suppliers.
- Request for Quotation (RFQ).
- Negotiation.
- Stakeholders alignment.
- Final deal.
- Set an action plan.
- Implementation: Either by procurement 360°
OR handover to customer procurement team.