The Top 10 common problem areas of untrained Procurement and Supply Chain personnel

The Top 10 common problem areas of untrained Procurement and Supply Chain personnel within an organisation are:

•    Lack of knowledge how to obtain best value during the quotation process
•    Failure to obtain vital information in preparation for an important negotiation
•    Insufficient market research and missing out on opportunities in the marketplace
•    Lack of knowledge of the supply risks and importance of contingency plans
•    Not ascertaining the specification before going out to market
•    Misunderstanding suppliers and their own terms and conditions
•    Communicating ineffectively to stakeholders internally and externally
•    Minimal awareness of the purchasing process from cradle to grave
•    Having the mindset that their activities are a process rather than an opportunity to
      create value
•    Failing to acknowledge that there are legal, industry and internal compliances
 

If at least three of the above problems exist within your company and costing you money let Lean Procurement get your personnel up to speed!