Global Standard for Procurement and Supply

Current segment

Level: Professional

Theme: Spend Management

Segment 4.6 Improving the Role of Procurement and Supply within the Organisation

Segment 4.6 Improving the Role of Procurement and Supply within the Organisation

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

The contribution of supply chain management to elements of corporate and business strategy, such as:

  • Cost competitiveness
  • Improved quality and reliability
  • Product and service differentiation
  • Time to market
  • Other order winning criteria

Engage with colleagues and other internal stakeholders to promote the organisation's commitment to achieving effective supply chain management, emphasising the contributions of supply chain management to corporate and business strategy

The use of cost modelling

Create dynamic cost models that can be used to assess costs and margins, as well as competitive behaviour, in the supply chain to protect the organisation's position

The use of techniques to create networked supply chains to improve supply chain management such as:

  • Value stream mapping
  • Network sourcing
  • Network optimisation modelling
  • Exploiting supplier innovation

Lead the analysis and implementation of techniques to create networked supply chains

The role of distribution systems in supply chain management

Improve the effectiveness and efficiency of the organisation's distribution systems

The creation of lean and agile supply chains

Lead the implementation of methodologies to achieve lean and agile supply chains

Approaches to develop and implement industry-level collaboration to achieve strategic supply chain management optimisation

Identify opportunities to develop collaborative relationships with the organisation's supply chain and lead stakeholders in their implementation

Knowledge: Will know and understand

The contribution of supply chain management to elements of corporate and business strategy, such as:

  • Cost competitiveness
  • Improved quality and reliability
  • Product and service differentiation
  • Time to market
  • Other order winning criteria
Capabilities: Will be able to

Engage with colleagues and other internal stakeholders to promote the organisation's commitment to achieving effective supply chain management, emphasising the contributions of supply chain management to corporate and business strategy

Knowledge: Will know and understand

The use of cost modelling

Capabilities: Will be able to

Create dynamic cost models that can be used to assess costs and margins, as well as competitive behaviour, in the supply chain to protect the organisation's position

Knowledge: Will know and understand

The use of techniques to create networked supply chains to improve supply chain management such as:

  • Value stream mapping
  • Network sourcing
  • Network optimisation modelling
  • Exploiting supplier innovation
Capabilities: Will be able to

Lead the analysis and implementation of techniques to create networked supply chains

Knowledge: Will know and understand

The role of distribution systems in supply chain management

Capabilities: Will be able to

Improve the effectiveness and efficiency of the organisation's distribution systems

Knowledge: Will know and understand

The creation of lean and agile supply chains

Capabilities: Will be able to

Lead the implementation of methodologies to achieve lean and agile supply chains

Knowledge: Will know and understand

Approaches to develop and implement industry-level collaboration to achieve strategic supply chain management optimisation

Capabilities: Will be able to

Identify opportunities to develop collaborative relationships with the organisation's supply chain and lead stakeholders in their implementation

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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