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What’s coming next?

Capturing and documenting the financial benefits of procurement. What’s coming next?. Presenter: Katherine Scapolo, Principal Advisor Procurement – Corporate April 2014. Our objectives for the near future. My experience with benefits?.

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What’s coming next?

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  1. Capturing and documenting the financial benefits of procurement What’s coming next? Presenter: Katherine Scapolo, Principal Advisor Procurement – Corporate April 2014

  2. Our objectives for the near future • My experience with benefits? • These are my views, not necessarily those of the companies I’ve worked for, based on my experience and what I know today. • ExxonMobil • NZ Post • Contact Energy • NZ Transport Agency • This presentation and all the speaker notes will be available after the conference on the Procurement and Supply website.

  3. Our objectives for the near future • Why it matters? • Why this matters to you and your organisation? • Measureable way to prove our worth. • Are there drivers to reduce cost? • Improves supplier relationships.

  4. Our objectives for the near future • What to consider • Who cares? • What to measure and how?

  5. Our objectives for the near future • What to consider – Who cares? • Who is the audience for your financial benefits? • Who is leading the charge? You or them? • What do they want to know? • Why do they care?

  6. Our objectives for the near future • What to consider – What to measure. • Anticipated benefits ‘v’ Actual benefits • What do you need to consider to get an accurate calculation? • Type of benefit? • Business owner? • Who cares?

  7. Our objectives for the near future • When do benefits happen? • Source MBIE website Here Here Here Here Here

  8. Our objectives for the near future • Who does what and how? It depends! On capacity, capability and organisational focus Who will calculate, and how? Who captures and approves, and how? Who keeps track, and how? Who reports, and how?

  9. Our objectives for the near future • To sum it all up • Capturing and documenting the financial benefits of procurement • How interested is your organisation? • Or how interested would they be????? • Who’s interested in your organisation? • Develop and agree a framework to use. • Start small  • Implement, as appropriate, for the level of interest. • Share your success.

  10. Our objectives for the near future • Thanks Any Questions Contact Katherine Scapolo Principal Advisor Procurement – Corporate Katherine.scapolo@nzta.govt.nz 64 4 894 6438

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