In the Procurement Strategy Template, you'll find:
Specified benchmarks — how procurement achievements align with the company's business goals.
Strategy statement — what are the objectives of the strategy in place.
Expected results — what should be achieved.
Timeframe — deadlines to meet and milestones to pass.
Implementation plan — which steps to take, when and by whom, and how are they measured.
KPIs — which targets to use to evaluate the success of strategy execution.
3 helpful resources to check out:
What Is Spend Management and Why Is It Important?
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Procure-to-Pay Process: End-to-End Guide
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Cloud Procurement: All You Need to Know
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