Best Procurement Transformation Award
This award recognises an outstanding procurement transformation project or initiative that has resulted in improved business outcomes or increased competitive advantage. Projects can relate to an improvement of an under-performing procurement function or taking an already high-performing function to the next level, but they must explain how they have been delivering on their core objectives within the last 12 months.
Entry is by a 5 A4 page submission; the judges will be looking for a clear plan and evidence that it is delivering on core objectives, paying particular attention to the criteria listed below.
Organisation Background: Please provide a brief description of the organisation and the procurement function within the organisation, including team and organisational structure.
Project Background: Please provide a background of the transformation project including the rationale behind it, the brief, key team members, project budget and timeline.
Execution & Challenges: Describe how the brief was fulfilled using a clear execution plan, detailing key milestones and high level actions, and including any challenges faced and how the team worked together to overcome them.
Innovation: Please include details of any unique efforts or processes that have been employed, demonstrating how innovation in the procurement strategy and/or execution helped the outcome.
Outcomes & Results: Summarise the outcomes of the transformation project including the contribution to business growth, increased competitive advantage, and/or benefits to the stakeholders.
Include any other facts or statements that you feel are relevant to support the entry, including awards and accreditations in the procurement field.