Deploy a balanced procurement scorecard to fully measure value to the organization. Focus is on procurement metrics, supplier metrics, use of data, compliance management and use of benchmarking.
Division of organizational responsibility and it’s operational alignment and effectiveness. Focus is on organizational structure & alignment with business demand, integration with procurement process and staff capability.
Velocity works with your key business process owners to identify, map, and define where you are, where you want to be, and the actions that will help to bridge any gaps. Velocity then provides detailed recommendations and best practices specific to your business and your industry to take into consideration for the process re-design. Our approach upholds your procurement organization’s structure and provides the basis for Velocity’s transformation services.
Is your existing technology meeting the procurement needs of your organization? Velocity will assess the functionality, process, and procurement scope of your organization to develop recommendations for your current technology or help you assess what will be needed for your optimum future state. This assessment is a useful tool early in the Transformation Journey
Digital transformation will never replace your most valuable resource, your people. The Capability Assessments will provide you with an in-depth understanding of your organization’s procurement true maturity and how the people will activate the technology to meet your automation goals. Including this assessment as part of the transformation takes the project to the next level.