Team-up for Excellence in Procurement

Keynote Speaker Mr. Marko Derča, Partner, Kearney shared results of Kearney Excellence in procurement study and how to team-up in practice to create strategic value of procurement in your organizations.

Global and local economic developments are clear on what are main priorities of procurement teams. While cost remains a priority, the pandemic and economic development accelerated a shift towards strategic value creation and resilience.

The supply market is becoming increasingly unpredictable, as evidenced by the shortages of certain raw materials and service. This requires the inclusion of procurement in even more detailed planning in companies and the connection with other functions. It requires a completely overhauled identification and management of risks. All the more so because companies and purchases are facing inflation. At the same time, the growing commitment to sustainable development requires purchasing functions to be an integral part of these processes. All this means that the required range of skills in procurement is expanding, which creates requirements for additional competencies and talent development.