Gartner Research

Ignition Guide to Building the Foundations of a Procurement Organization

Published: 10 May 2018

ID: G00385942

Analyst(s): Procurement Research Team

Summary

This guide includes documents that will help you select metrics to judge the success of the new procurement function, outline your procure-to-pay (P2P) and contract management processes, create your first procurement policy, and identify key competencies needed for new staff.

Table Of Contents

Overview

Steps

Step 1 of 7: Plan the Process for Establishing the Function

Project Objectives

Roles and Responsibilities

Before You Start

Common Pitfalls and Keys to Success

Step 2 of 7: Select KPIs

Tasks

How to Set Up for Success

Step 3 of 7: Define Your P2P Process

Tasks

How to Set Up for Success

Step 4 of 7: Draft Your Policy

Tasks

How to Set Up for Success

Step 5 of 7: Define Your Contract Management Process

Tasks

How to Set Up for Success

Step 6 of 7: Determine the Skills Needed on Your Team

Tasks

How to Set Up for Success

Step 7 of 7: Monitor Progress on Procurement Objectives

Review Your Performance

Keys to Continued Success

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