Procurement needs to connect historical spend with future project planning to become involved before the award decision.
What to expect
- 01
Use the data that is available
Orders, invoices, supplier records and cost centres provide a starting point even when service line items are not standardised.
- 02
Connect projects, providers and stakeholders
Classify projects and distinguish specialists, diversified providers and generalists. Examine who buys which services from whom over time.
- 03
Use framework agreements and rate cards
Common commercial terms and standardised rate cards make fees more comparable across business units and projects.
- 04
Look ahead to planned requirements
Project sponsors, timing, budgets and specialist requirements help procurement anticipate demand and engage internal customers early.
About the author
As co-founder of apadua, I focus on how procurement can strengthen its contribution to the business. In this article, I explore how project, supplier and planning data help procurement become involved earlier.
