Global Standard for Procurement and Supply

Current segment

Level: Professional

Theme: Position & Influence

Segment 1.7 Developing the Strategy for Procurement and Supply within the Organisation

Segment 1.7 Developing the Strategy for Procurement and Supply within the Organisation

Knowledge: Will know and understand Capabilities: Will be able to

The main characteristics of strategic decisions in organisations

Use and apply strategic decision-making techniques to formulate improvements to procurement and supply chain management

The alignment of corporate, business and functional levels of strategy in organisations

Contribute to the development and implementation of functional, business unit and corporate strategies

A range of approaches to the development of strategy in organisations including:

  • Rational planning
  • Emergent and logical incrementalism

Evaluate the different approaches to strategy development and ensure that relevant issues, aligned to the needs of the organisation, contribute to the development and implementation of strategy within the procurement and supply chain function

The impact of globalisation on the development of strategy for effective Procurement and Supply

Design and implement strategies for the procurement and supply chain function that take account of the impact of globalisation

The contributions that the procurement and/or supply chain functions can make to the achievement of corporate objectives

Promote the contributions that the procurement or supply chain functions can make to achieving corporate objectives across the organisation, with stakeholders and with the supply chain

Corporate governance for Procurement and Supply

Work with internal stakeholders to establish an appropriate and effective process and framework to supports corporate governance

The main methods for achieving cultural acceptance of strategies in organisations

Develop and implement plans and actions with stakeholders to achieve the cultural acceptance of strategies that reflect effective procurement and supply chain management

The importance of measuring the return on investment of procurement and supply chain activities

Evaluate how change management processes can address resistance to change and develop a change management strategy that deals with resistance to change

Knowledge: Will know and understand

The main characteristics of strategic decisions in organisations

Capabilities: Will be able to

Use and apply strategic decision-making techniques to formulate improvements to procurement and supply chain management

Knowledge: Will know and understand

The alignment of corporate, business and functional levels of strategy in organisations

Capabilities: Will be able to

Contribute to the development and implementation of functional, business unit and corporate strategies

Knowledge: Will know and understand

A range of approaches to the development of strategy in organisations including:

  • Rational planning
  • Emergent and logical incrementalism
Capabilities: Will be able to

Evaluate the different approaches to strategy development and ensure that relevant issues, aligned to the needs of the organisation, contribute to the development and implementation of strategy within the procurement and supply chain function

Knowledge: Will know and understand

The impact of globalisation on the development of strategy for effective Procurement and Supply

Capabilities: Will be able to

Design and implement strategies for the procurement and supply chain function that take account of the impact of globalisation

Knowledge: Will know and understand

The contributions that the procurement and/or supply chain functions can make to the achievement of corporate objectives

Capabilities: Will be able to

Promote the contributions that the procurement or supply chain functions can make to achieving corporate objectives across the organisation, with stakeholders and with the supply chain

Knowledge: Will know and understand

Corporate governance for Procurement and Supply

Capabilities: Will be able to

Work with internal stakeholders to establish an appropriate and effective process and framework to supports corporate governance

Knowledge: Will know and understand

The main methods for achieving cultural acceptance of strategies in organisations

Capabilities: Will be able to

Develop and implement plans and actions with stakeholders to achieve the cultural acceptance of strategies that reflect effective procurement and supply chain management

Knowledge: Will know and understand

The importance of measuring the return on investment of procurement and supply chain activities

Capabilities: Will be able to

Evaluate how change management processes can address resistance to change and develop a change management strategy that deals with resistance to change

This segment was last updated on: 20th May 2021

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
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