IMPROVE SOURCING? SOURCE SOURCING BEST PRACTICES WHAT DO YOU NEED TO TO ENSURE BEST-IN-CLASS

Transcription

1 SOURCE SOURCING BEST PRACTICES traccsolution.com WHAT DO YOU NEED TO IMPROVE TO ENSURE BEST-IN-CLASS Volatile buying markets require a shift to strategic procurement to ensure a position of value management. SOURCING? PROCUREMENT BEST-IN-CLASS SOURCING continuously delivers high quality incoming goods and services at optimal cost. 1

2 IMAGINE IMAGINE a powerful improvement solution that grows and evolves as your needs change and your improvement practices mature. IMAGINE being able to monitor and drive improvement activities across your entire global business and value chain from one single dashboard. IMAGINE your people engaged around processes, and passionate about results, improving practices and consistently driving performance. IMAGINE harnessing all of this to progressively build and entrench a business system which is your defining differentiator that cannot be copied. One solution to align and integrate your improvement strategy 3

3 SOURCING BEST PRACTICES Sourcing excellence streamlines purchasing processes throughout your organisation to deliver best possible value. It creates a procurement function where professionalism and ethical conduct are valued. And it enables your people to deliver to your supply chain KPIs, such as reliability, responsiveness, flexibility, innovation, speed to market and cost. INSIDE THIS SOLUTION The TRACC Sourcing Best Practices help you develop a comprehensive sourcing strategy that ensures continuity of the supply of high quality incoming goods and services at optimal cost through strategic supplier management. BEST PRACTICES INCLUDE: PROCUREMENT PLUS TRACC S THREE CORE IMPROVEMENT STRATEGY AND ENABLEMENT BEST PRACTICES Together, these best practices enable your people to secure alignment and cooperation across functions and departments, build and support the human capital that is necessary to reach world class, and manage the journey in a manner that keeps everyone engaged. LEADING AND MANAGING CHANGE VALUE CHAIN ALIGNMENT HUMAN CAPITAL 4

4 PROC PROCUREMENT TRACC IS THIS SOLUTION FOR YOU? You need to align and optimise supply markets and supply chains to meet the needs of your organisation. You need to source strategically in order to ensure the most appropriate suppliers are identified, and optimally managed and developed. And you need to move from purchase price only to Total Cost of Ownership (TCO) to consider all aspects of the purchase from initial acquisition, through use to final disposal. A structured approach to building comprehensive sourcing strategies that drive value The Procurement TRACC ensures continuity of supply at optimal cost, quality and high service levels. It deploys strategic sourcing throughout the organisation using Total Cost of Ownership (TCO) principles and inbound value stream optimisation. And it creates a procurement function where professionalism and ethical conduct are firmly entrenched. The Procurement TRACC enables Alignment with internal customers requirements Entrenched strategic sourcing practices The integration of corporate social responsibility, risk mitigation and environmental sustainability principles into sourcing strategies Optimal management of suppliers and the creation of a supplier development programme Greater competence in negotiation practices and contract management The establishment of a culture of continuous improvement The achievement of quick wins and sustained demonstrable bottom line savings The support of supply chain goals, such as reliability, responsiveness, flexibility, innovation and speed to market The creation of a procurement function where professionalism and ethical conduct are firmly entrenched Cost and cash KPIs this best practice will improve: Percentage spend under management Average weighted discounts Procurement operating costs as a percentage of managed spend Total Cost of Ownership (TCO) Purchase Price Variances (PPVs) 5

5 TRACC SYSTEM COMPONENTS AND SUPPORTING FEATURES TRACC is a robust and secure continuous improvement solution that delivers a fully integrated digitally-driven experience. Bring your improvement plans to life with TRACC s digital ecosystem which offers tools and support to easily manage and accelerate global performance improvement. TRACC PLATFORM SET TARGETS. FOCUS TEAMS. TRACC Platform is a secure online platform that enables you to assess, plan, train, manage and report on your global improvement initiatives. TRACC Platform also includes the Mobile Assessor application which facilitates on-the-spot best practice improvement assessments while you walk the shop floor. TRACC EXPLORER TAKE ACTION. STAY ON TRACK. TRACC Explorer is an integrated and collaborative digital application that enables you to assign improvement plan work to teams. At-a-glance dashboards use real-time data to help you monitor progress at operational, regional and global levels. TRACC ANALYTICS Get real-time data-driven analytics to help you uncover insights, patterns and trends based on your TRACC Platform activities. TRACC TRAINING LEARN. ENGAGE. APPLY. TRACC Training is a blend of self-directed elearning and facilitator-led workshops designed to unlock your employees capabilities and accelerate learning and work process improvement. TRACC READER Get easy, mobile and electronic access to the TRACC best practice steps, shared learning and resources on your tablet (ipad and Android) and Windows PC. TRACC TRUSTED ADVISORS TRACC Trusted Advisors are deeply experienced best practice implementation experts who are on hand to provide support and coaching through the more challenging aspects of your improvement journey. 6 The TRACC Integrative Improvement System allows you to: Assess your best practice improvement opportunities Plan focused work bundles to address improvement targets Train leadership and continuous improvement capability Implement integrated best practices at multiple levels Manage global improvement progress with automated, dynamic reporting Share best practices and standards, through mobile platform capabilities

6 TRACC VALUE CHAIN IMPROVEMENT SOLUTION TRACC offers the following best practices to help you accelerate and sustain business performance improvement across your entire value chain. ENABLE Value Chain Alignment INNOVATE PLAN SOURCE MAKE DELIVER SERVICE SUPPLIER Portfolio and Lifecycle Management BETA Stages 2-3 Demand Planning Supply Planning Sales and Operations Planning Stages 4-5 Procurement Stable Operations Asset Care Quality Environment, Health and Safety Operations Alignment Teamwork 5S Set-up Time Reduction Environmental Sustainability Transportation Management Warehouse Management Customer Service Excellence BETA Transactional Excellence CUSTOMER Integrated Business Planning Visual Management User-driven Maintenance Focused Improvement Administrative Excellence Human Capital Leading and Managing Change ENABLE 7

7 TRACC is produced by We offer relevant advice, detailed guidance, change expertise, and software embedded tools and training that truly empower everyone in your business to act with confidence as you drive towards world class performance. For 30 years, we have delivered sustainable results across more than operations, in 70 countries and multiple languages. NORTH AMERICA EUROPE CHINA ASIA PACIFIC LATIN AMERICA AFRICA/MIDDLE EAST AUSTRALASIA traccsolution.com ccitracc.com info@traccsolution.com TRACC, its logo, and Integrative Improvement System are trademarks of CCi. 8 Think green. Think before you print.