Article
The tough stuff
Procurement can be a lot of fun, but there are many situations where professionals need to step up and take on "the tough stuff." Darin Matthews offers some advice.
There are so many things about professional procurement that are a lot of fun. Getting out and meeting your customers, presenting a best procurement practice to a group of peers, and serving as a “product evaluator” for a pizza RFP are just a few that come to mind. However, there are times that procurement professionals need to step up and take on the “tough stuff.” What do I mean by that? Well, it is not...
Certain types of procurement
Certain types of procurement present particular opportunities for the procurement professional to add value and reduce the number of “difficult situations” encountered throughout the process. While some procurement efforts result in only a single transaction, some offer extended opportunities to optimize the procurement process. For example, Equipment Maintenance Management Programs (EMMP) allow procurement professionals to increase administrative efficiency and avoid some of the “’tough stuff’” mentioned in the article. EMMPs allow clients to consolidate maintenance contracts on various types of equipment, leading to greater efficiency and lessened administrative burden. EMMP companies can offer various tools to facilitate greater consolidation of equipment maintenance, such as vendor oversight and asset location, and expanded vendor options, such as use of diverse businesses. By working with an EMMP company to create a long-lasting program, procurement professionals can eliminate the inefficiencies of managing various contracts from numerous vendors and simplify future procurements, providing better efficiency and value for purchasing organizations.