Procurement function in the Middle East has gone through a massive upheaval post Covid and increased geo-political volatility. Procurement operations now are expected to be more resilient and prepared for any supply chain crisis – faster! For this to be achieved, it is crucial for businesses to have a robust Procurement Operating Model (POM).
A 2023 Gartner survey reported that majority of Supply Chain leaders faced disruptions more than 50% of the time.
Having a strategically designed and tested Procurement Operating Model can help deal with these unpredictable dynamics, while delivering increased savings.
At TransformationX, our partners and specialists bring to the table decades of experience in designing efficient and high performing POMs. You can expect a comprehensive and strategic approach that transforms your procurement function into a strategic advantage, driving growth and efficiency across your organization.
Our unique approach starts with a deep understanding of your context, the industry dynamics, your company’s own journey and ambitions and the immediate priorities. During this intense phase of strategic ‘as-is’ assessment, we aim to understand the core issues holding you back, and back the assessment with hard facts including manpower productivities, Turnaround times (TATs) for key functions. We also speak to your key internal stakeholders to explore their expectations of the function and their deepest challenges.
Next, we define key archetypes and choices around procurement operating model design. We define options that span the dimensions of responsiveness, digitalization, team size, and category depth. We benchmark similar organizations, their journeys and procurement operating models, and help narrow down the choice of operating model archetype.
We then help you detail out the designed operating model across the key underlying elements:
We design a robust framework of procurement guidelines and standards to ensure compliance, consistency, and alignment with organizational goals. Our approach includes reviewing existing policies to identify gaps and areas for improvement, ensuring regulatory compliance, and standardizing procedures across all procurement activities and locations.
We structure the procurement function to align with strategic objectives, optimizing efficiency, accountability, and performance. Our services include assessing the current structure to identify gaps, defining roles to align with business strategy, optimizing span of control for effective management, balancing centralization and decentralization, and developing a change management plan for a smooth transition to new structures.
We enhance procurement efficiency by implementing the latest technology after thoroughly understanding existing processes. Our approach drives innovation and digital transformation through process mapping, value stream mapping to identify inefficiencies, re-engineering workflows for greater efficiency, integrating advanced technologies like RPA, AI, and blockchain, and standardizing processes across the organization for consistency and best practice compliance.
We develop a procurement team profile, blending in-house and outsourced resources, and implement talent management strategies to acquire, develop, and build a high-performing team.
We work with leading organizations in the UAE and Saudi Arabia to optimize procurement, localize supply chains, and drive transformation.
