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Given the distinct challenges for procurement in small and medium-sized businesses, teams and executives have to think differently about their approach to managing fundamental facets, including spend management and risk monitoring.
With income at £490m for 2013/2014, Cancer Research UK is one of the UK’s largest charities, and it’s procurement function has focused on developing to meet stakeholder needs. In this webinar the CPO of Cancer Research UK, David Lyon will provide unique insight, looking at the keys to building a procurement strategy in a medium-sized business. We will explore the approach taken by an SME to tackling complex demands such as data security, working with the public and suppliers who conflict with core purpose, managing risk and the process used to identify potential issues.
Key themes will include:
- Adapting the procurement processes to capture and manage risks within an SME's supply chain
- Managing internal stakeholders to overcome preconceptions about procurement and instill a culture around the purchasing process
- • Balancing the role of the function in order to manage the contractual processes to minimise complexity and time, while mitigating the risk
Attendees will be able to participate in the live Q&A for instant feedback and advice.