The landscape assessment forms a crucial stage in our strategic approach, aiming to decipher commodity spending patterns for optimal sourcing business models and precise commodity positioning. Central to this effort is the identification of spending areas where opportunities for cost reduction and process enhancement exist, integral components of our portfolio analysis.
The meticulous understanding of various commodities and their accurate positioning is paramount, aligning our spending priorities with the service delivery objectives of the procuring institution. Additionally, prioritisation factors encompass the relative importance of purchase categories, the intricacies of the supply market, and the prevalence of common spend areas across the organisation.