Is your procurement “Best-in-Class”?

Answer these quick questions for a pulse check:

• Have you conducted a sourcing review of your key spend categories in the last 3 years?
  
  
• When you last reviewed your key categories, was there a comprehensive process that included total company needs (as opposed to a single bid or auction)?
  
  
• For your key spend categories, do you have written supply agreements in place that define your business needs and expectations of your suppliers?
  
  
• Is your Purchasing function considered a contributor to the Strategic support of the company? (As opposed to focused primarily on day-to-day supply and administrative issues?)

If you said “NO” to any of these questions, Provident can help.

Click here for our no obligation Provident Savings Assessment