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Procurement Strategy Development


A procurement strategy is developed in order to establish the direction of how procurement should be organised in order to implement the procurement policy.

CIPS Procurement Topics

Related news

New partnership between procurement and supply chain management specialists offers more support and knowledge in Sweden

Date: Wednesday, November 29, 2017

Formed in 2009, ValueOne specialise in supply chain management, procurement and logistics, providing an array of services which develops and enhance procurement and supply chain organisations in Sweden. 

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Power firm receives global recognition for its procurement services

Date: Wednesday, August 02, 2017

UK Power Networks, which owns and operates the electricity networks in London, the East and South East, has received the Chartered Institute of Procurement & Supply (CIPS) Corporate Certification - Standard.

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CIPS economist comments on the UK election results

Date: Friday, June 09, 2017

The increased uncertainty could further damage investor and consumer confidence resulting in dampened GDP growth.

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CIPS Supply Century – A new vision for the future of the procurement and supply profession.

Date: Thursday, October 20, 2016

Having consulted widely with CIPS members and advisory groups across the world, the paper aims to highlight the future challenges and opportunities for the profession over the coming 20 years.

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Related concepts

Exit Strategies

Buyers and suppliers need to have a clearly defined exit strategy agreed during the pre-contract stage to avoid difficulties should the relationship turn sour...

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Future Supply Chains

In our industry the competitor that's best at managing the supply chain is probably going be the most successful competitor over time. It's a condition of success...

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Purchasing Strategies

[Purchasing strategies] are helping to elevate supply management from an operational function to an integral part of company strategy (Niezen and Weller)

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Future of the Profession

There are some absolute guarantees in life – one of them is change; some of us fear it, some of us relish it but either way we all have to deal with it.

Over the past year CIPS has taken a close look into emerging changes in business and markets and analysed a variety of trends to identify opportunities for the Procurement and Supply profession and its next generation of professionals.