Center-led Operating Model
Center-led procurement is an approach where procurement activities are primarily managed and coordinated by a centralized procurement function or team within an organization. This central team takes the lead in formulating procurement strategies, policies, and guidelines. They oversee and support procurement activities across different departments or business units, ensuring consistency, compliance, and alignment with organizational goals.
Center-led procurement promotes standardization, leverages economies of scale, and enables strategic sourcing initiatives. It focuses on achieving cost savings, supplier management, risk mitigation, and streamlining procurement processes through centralized control, collaboration, and expertise.
Specialism:
Procurement Operating Model