--- title: Are your Procurement initiatives moving fast enough? description: Can Procurement move away from just savings? image: https://blog.prophetic-technology.com/hubfs/art-of-hoping-BzEiBmipd0Y-unsplash.jpg --- [hello@psdtohubspot.com](mailTo:hello@psdtohubspot.com) [+91 8874569874](tel:+91%208874569874) Hours : Opens 10:00 AM To 07:00 PM [![logoHD](https://blog.prophetic-technology.com/hs-fs/hubfs/logoHD.jpg?width=2500&name=logoHD.jpg "logoHD")](https://www.prophetic-technology.com/) - [Home](https://www.prophetic-technology.com/home) - [Subscribe](https://www.prophetic-technology.com/pt-blog-subscribe-opt-in-consent?hsCtaTracking=174cc371-9cdc-4b94-a32e-9007f0ac4dea%7C0776642c-2604-4695-8e3f-f7a74f10031a) - [Contact Us](https://www.prophetic-technology.com/contact-us-old) - [procurement](https://blog.prophetic-technology.com/topic/procurement) - [planning](https://blog.prophetic-technology.com/topic/planning) # [Are your Procurement initiatives moving fast enough?](https://blog.prophetic-technology.com/are-your-procurement-initiatives-moving-fast-enough) In this age of disruptions, businesses must move faster and become more agile; therefore, Procuremen... [Read More →](https://blog.prophetic-technology.com/are-your-procurement-initiatives-moving-fast-enough) - [supply chain (286)](https://blog.prophetic-technology.com/topic/supply-chain) - [technology (138)](https://blog.prophetic-technology.com/topic/technology) - [logistics (81)](https://blog.prophetic-technology.com/topic/logistics) - [procurement (69)](https://blog.prophetic-technology.com/topic/procurement) - [optimisation (65)](https://blog.prophetic-technology.com/topic/optimisation) Posted by [Dave Food](https://blog.prophetic-technology.com/author/dave-food) on Apr 20, 2020 5:45:56 PM ![Dave Food](https://app.hubspot.com/settings/avatar/9fa060d35f0f962fafafe972c24035ae) Find me on: [Facebook](https://www.facebook.com/davefood) [LinkedIn](https://www.linkedin.com/in/davefood) [Twitter](https://www.twitter.com/davefood) In this age of disruptions, businesses *must move faster* and become *more agile***;** therefore, **Procurement** *requires respond*ing more responsible accordingly to businesses needs, whilst looking forwards to put on the table the discussion around *collaboration*. The significant escalation of *automation* and *Artificial Intelligence* **(AI,)** which bring down much of the usual **Procurement** workload, are *external drivers* indicating that we must redesign our current roles if we want to *enhance real value*. It implies *collaborative-working* with leading *suppliers* who can *back up* the necessity of being *groundbreaking*, *adaptable* and *agile*. Another significant advance concerning the future **of Procurement** is the ever-increasing *significance of the agenda* over *sustainability* and *purposeful business*, which yet increases importance to the *collaboration* requirement.   **Can Procurement move away from just savings?** This question seems to be *the principal commitment* of **Procurement**.  Professionals will still matter, but robots are quite right when supporting **Procurement** jobs and savings; for this reason, if we are looking to enhance human value, we need to focus on other practices.  **Why is it convenient to implement Sustainable Procurement?** **Sustainable Procurement** or "Procurement with a purpose" refers to the i*mplementation* of certain norms and processes; also known as Corporate Social Responsibility (**CSR**) meeting your company-specific requirements and those of your stakeholders, such as buying assets, supplies or services. It considers several factors like price, functionality, availability, and quality, all found on the entire-life-cycle of a product or service. The essential drivers of Sustainable Procurement are: social, economic and environmental. These insights encompass a rather assortment of issues, extending from *deforestation* and *climate change* to modern slavery and *supporting diversity* in our supply chains (**SCs**).  At the top of these initiatives works *call for collaboration*.  It often demands at least *three varieties* of collaboration.  **Three forms of collaborations** ·       The buyer can sometimes *take action* that does *not* necessarily have *consequences* for the *supplier* and *demands on their agreement*. It could be done by just *placing a clause* in your typical *contract*; for instance, “no pesticides please,” requiring only a simple answer from the supplier, like “yes.” It requires collaboration among buyers and suppliers or **SCs.**    ·       The Chief Procurement Officer (**CPO**) becomes a Chief Sustainability Officer (**CSO**) who must interconnect internal shareholders, in particular, the *financial bearers* in your enterprise, the *factory supervisors*, or those who *use products or services* the suppliers provide daily; and the ones who *must reinforce* and *are lined up* to any schemes, if they are to be successful. ·       We are starting to observe *collaboration within several organisations*, even among competitors working in sync, whether that is among *miners* in the developing world, plastics recycling, or initiatives to improve the life of farmers. **Adding up:** successful *collaboration* requires both, *soft-behavioural skills* like *judgment, empathy* and *listening*, but also *technical competences* over *planning, project management, data analysis* and *technology* with *platforms* now supporting *collaborative actions*. *Technology* can be a *crucial component* to sustain our accomplishment as *individuals, our different roles,* and as professionals. It can be useful when we take this *collaborative-mindset* forward in business matters “*to do good”* to our *corporations, our suppliers* – and in some way, to *the planet*. *Are you implementing in your company a* **Collaborative Procurement process?**  **Dave Food** [Prophetic Technology](https://www.prophetic-technology.com/) **Subscribe to our emails & exclusive free content.** **[I want to subscribe](https://blog.prophetic-technology.com/cs/c/?cta_guid=0776642c-2604-4695-8e3f-f7a74f10031a&placement_guid=174cc371-9cdc-4b94-a32e-9007f0ac4dea&portal_id=2979069&canon=https%3A%2F%2Fblog.prophetic-technology.com%2Fstop-to-consider-the-benefits-of-erp&redirect_url=APefjpGc9fcvO2eA0xX-JhT3IDlQR7TJDNjpKCYQl3q-NOqmTh_FIEsN9oUu0RtombcHJlcAp_DMMtgJndM_Jlangh072bL_hR6E7Iy9FOTfvXe6pWcO2aZl4-P7iboa5It5N7m515ptJu0OnJAFW8cswNCwmNd9wouZQEQOOTeUM1KcOd9XdHkRopKz9K7jp9j18Dcl6XyK6Rl08Jd__TZxof7VBXzRX12R9MHQsgTocK9ixVyuUA-JzPBuh5ZdoG2jMywVXFZkZs-9cb5yAMcAMuGQxK1lX709eOqqkbGBc4wItS6MMZavS6w7lC0Em3pjzrw0GAJS&click=efffab60-8f86-44ea-a931-fe9f34b343db&hsutk=9724d4a2324e477c9e07bd5bc116a679&signature=AAH58kGoMvD8C4d4ldm04qzEGNyLwI_NpQ&utm_referrer=https%3A%2F%2Fblog.prophetic-technology.com%2F&pageId=27424351218&__hstc=108876957.9724d4a2324e477c9e07bd5bc116a679.1556898525657.1585604108596.1585850765355.102&__hssc=108876957.2.1585850765355&__hsfp=2088064629&contentType=blog-post)**   - [procurement](https://blog.prophetic-technology.com/topic/procurement) - [planning](https://blog.prophetic-technology.com/topic/planning) - - - ## Post Your Comments Here #### About Us Prophetic Technology is a team of dedicated people that combine their expertise in business domains with a passion to release potential.s every page it appears on. [Learn More \[fa icon="long-arrow-right"\]](https://www.prophetic-technology.com/) #### More Links - [\[fa icon="caret-right"\] Home](https://www.prophetic-technology.com/) - [\[fa icon="caret-right"\] Blog](https://blog.prophetic-technology.com/) - [\[fa icon="caret-right"\] About Us](https://www.prophetic-technology.com/about-us-0) - [\[fa icon="caret-right"\] Contact Us](https://www.prophetic-technology.com/contact-us-old) #### Contact Us \[fa icon="phone"\] +44 1784 741 574 \[fa icon="envelope"\]  [salvador@prophetic-technology.com](mailto:salvador@prophetic-technology.com) [Spring Avenue, Egham, Surrey. TW20 9PJ, UK](mailto:salvador@prophetic-technology.com)[mailto:salvador@prophetic-technology.com](mailto:salvador@prophetic-technology.com)     [\[fa icon="facebook-square"\]Facebook](https://www.facebook.com/pg/PropheticTechnology/about/?ref=page_internal) [\[fa icon="linkedin-square"\]Linkedin](https://www.linkedin.com/company/prophetic-technology/) [\[fa icon="twitter-square"\]Twitter](https://twitter.com/PropheticTechno)  Copyright 2017 | Designed with \[fa icon="heart"\] by [HubSpot](https://www.hubspot.com) \[fa icon="chevron-up"\]Back to top