Elements and Performance Criteria
- Collect and analyse demand and procurement spend data
- Identify and analyse demand patterns (organisational consumption), using a range of data sources and using appropriate breakdowns such as by category, region or time period.
- Identify and analyse procurement spend data, using a range of data sources and using appropriate breakdowns, including by category, region or time period.
- Establish and analyse the relationship between demand, consumption and procurement spend and assess business complexity of the buying organisation based on this analysis.
- Develop product usage profiles and organisational spend profiles.
- Establish causal links for demand and spend patterns through engagement with internal stakeholders and analysis of data.
- Map and analyse processes involved across the whole procurement life cycle to identify potential for efficiencies and improved data gathering.
- Review organisational policies and processes for procurement, asset management and budget, assess the impact of these on demand and/or spend and make recommendations to improve management of demand.
- Develop and implement demand/spend management strategy
- Develop and implement effective communication strategies to engage internal stakeholders, external and market stakeholders.
- Develop and implement outcome based demand and/or spend management processes across the procurement life cycle.
- Identify and use appropriate systems to support procurement and financial processes.
- Develop and implement processes to control and manage the demand for particular goods and services according to influencing factors.
- Identify staff skills and training and development opportunities related to demand and/or procurement spend management and incorporate these into professional development plans.
- Develop outcome based, transparent and manageable performance metrics to ensure best practice is achieved, whilst satisfying organisational needs.
- Manage demand/spend risks and opportunities
- Review and analyse the market profile, including opportunities to influence or develop the market.
- Identify and assess market dynamics including market cycles, product life cycles and growth and/or decline.
- Assess realistically the desirability and practicality of ongoing market development and undertake market development activities where these are appropriate.
- Identify and consider opportunities and risks associated with managing demand and procurement spend.
- Collect and analyse demand and procurement spend data
- Identify and analyse demand patterns (organisational consumption), using a range of data sources and using appropriate breakdowns such as by category, region or time period.
- Identify and analyse procurement spend data, using a range of data sources and using appropriate breakdowns, including by category, region or time period.
- Establish and analyse the relationship between demand, consumption and procurement spend and assess business complexity of the buying organisation based on this analysis.
- Develop product usage profiles and organisational spend profiles.
- Establish causal links for demand and spend patterns through engagement with internal stakeholders and analysis of data.
- Map and analyse processes involved across the whole procurement life cycle to identify potential for efficiencies and improved data gathering.
- Review organisational policies and processes for procurement, asset management and budget, assess the impact of these on demand and/or spend and make recommendations to improve management of demand.
- Develop and implement demand/spend management strategy
- Develop and implement effective communication strategies to engage internal stakeholders, external and market stakeholders.
- Develop and implement outcome based demand and/or spend management processes across the procurement life cycle.
- Identify and use appropriate systems to support procurement and financial processes.
- Develop and implement processes to control and manage the demand for particular goods and services according to influencing factors.
- Identify staff skills and training and development opportunities related to demand and/or procurement spend management and incorporate these into professional development plans.
- Develop outcome based, transparent and manageable performance metrics to ensure best practice is achieved, whilst satisfying organisational needs.
- Manage demand/spend risks and opportunities
- Review and analyse the market profile, including opportunities to influence or develop the market.
- Identify and assess market dynamics including market cycles, product life cycles and growth and/or decline.
- Assess realistically the desirability and practicality of ongoing market development and undertake market development activities where these are appropriate.
- Identify and consider opportunities and risks associated with managing demand and procurement spend.