OPTIMIZE PROCUREMENT
MOST IMPORTANT GOAL EXAMPLE

Decrease Cost of Purchases with 25 MSEK

DESCRIPTION

For companies looking for profitability gains, this MIG helps procurement department to focus on the execution of purchase-related cost savings. Teams choosing this MIG might consider narrowing the scope to existing or specific cost drivers.

KEY ACTIVITY EXAMPLES

DESCRIPTION

Purpose to continuously approach existing suppliers to develop and negotiate contract and potentially new suppliers to explore opportunities.

DEFINITION OF DONE

Contacted suppliers.

UNIT

Suppliers

DESCRIPTION

Purpose to proactively set aside time to analyze and identify negotiation opportunities, either with existing or new suppliers.

DEFINITION OF DONE

Spent proactive time focused on identifying negotiation opportunities.

UNIT

Hours

DESCRIPTION

Purpose to continuously analyze contracts to evaluate & identify any cost saving opportunity to act upon.

DEFINITION OF DONE

Spent proactive time focused on identifying cost saving opportunities.

UNIT

Hours
MOST IMPORTANT GOAL EXAMPLE

Decrease Number of Suppliers from 89 to 50

DESCRIPTION

As a large number of suppliers can be associated with inefficient contracts, reducing them could offer opportunities to land deals with lower cost and better terms.

KEY ACTIVITY EXAMPLES

DESCRIPTION

Purpose to follow up internal usage of purchased products, items or applications to assess purchasing efficiency and identify needs from the organization.

DEFINITION OF DONE

Evaluated items.

UNIT

Items

DESCRIPTION

The purpose with this Key Activity is to continuously evaluate suppliers on set parameters with the ambition to increase timely and efficient delivery.

DEFINITION OF DONE

Evaluated suppliers.

UNIT

Suppliers

DESCRIPTION

Purpose to continuously analyze contracts to evaluate & identify any cost saving opportunity to act upon.

DEFINITION OF DONE

Spent proactive time focused on identifying cost saving opportunities.

UNIT

Hours
MOST IMPORTANT GOAL EXAMPLE

Increase Utilization Rate of Procurements from 32% to 65%

DESCRIPTION

This MIG sheds light on maximizing procurement efficiency by ensuring that procurements made are actually used to the desired extent.

KEY ACTIVITY EXAMPLES

DESCRIPTION

Purpose to follow up internal usage of purchased products, items or applications to assess purchasing efficiency and identify needs from the organization.

DEFINITION OF DONE

Evaluated items.

UNIT

Items

DESCRIPTION

Purpose to analyze & evaluate items or item categories purchased from suppliers to identify cost saving opportunities.

DEFINITION OF DONE

Evaluated items.

UNIT

Items

Howwe Technologies AB (publ) stands at the forefront of SaaS innovation as the creators
of Howwe, the Solution for Growth.
 With our method and software, we simplify the
execution of strategy. Empowering businesses globally, we’re committed to redefining
strategy execution and driving sustainable financial growth.

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