Published: 15 November 2016
Analyst(s): Procurement Research Team
What criteria can we use to prioritize projects within the procurement organization more effectively? Prioritize procurement projects based on the following: project spend, estimated annual financial savings, project scope, required level of Procurement involvement, and risk from not involving Procurement, create a “sourcing process tracking board” to help category managers or other staff identify bottlenecks in sourcing projects, and deprioritize projects that have stalled due to lack of business commitment.
Define Project Prioritization Criteria
Identify Bottlenecks and Deprioritize “Lagging” Projects
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