Before beginning to draft a high-level strategic document in which to outline the institution's future strategic procurement direction, it is recommended that you:
- Consider the different types of procurement function and take stock of the institution’s current procurement structure and the level of professional procurement influence it has over its procurement (and purchasing) function.
- Make an assessment of whether the current methods of working are providing the desired value for money, addressing areas of risk and meeting the ever-demanding needs of a complex organisation, and
- Determine how the issues raised in these assessments should be addressed in the strategic document.
The assessment may highlight an issue that is so serious that it is necessary to make an immediate, fundamental change in the institution's method of operation. Alternatively, an issue may be better managed by an incremental approach, for example, an intention to rationalise the institution's supplier base.
There are a number of ways to help you determine where your institution is and to help highlight areas that need to be addressed: