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Thursday, September 02, 2010
Thursday, September 02, 2010
Latest Procurement News
Posted: Thursday, October 16, 2008, 10:20AM
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KNOWLEDGE MANAGEMENT TAGS
"Talent Management"
Nestle sourcing university gets results
Swiss food giant Nestle has successfully put 520 of its buyers through dedicated procurement training using a new initiative known as the Nestle Procurement University. Speaking at the Procurement Leaders Forum 2009 in Amsterdam, Dr Antonia Wanner, head of procurement excellence at Nestle, shared the initiative with delegates just a year into the new initiative.
She said there have already been four major benefits of the programme. First, and perhaps the most obvious, is a marked improvement in qualified sourcing professionals which provide a real value proposition to the group.
Second, is an improvement in time effectiveness with, for example, the time to establish procurement strategies having reduced significantly. Third, the international scope of the training initiatives improve consistency of sourcing strategies around the world and finally, it allows the practical transfer of knowledge, with subsequent measurable impact on procurement performance.
However, Dr Wanner said that the ultimate measure of success will be internal stakeholder research, something which she is currently in the midst of.
Swiss food giant Nestle has successfully put 520 of its buyers through dedicated procurement training using a new initiative known as the Nestle Procurement University.
Speaking at the Procurement Leaders Forum 2009 in Amsterdam, Dr Antonia Wanner, head of procurement excellence at Nestle, shared the initiative with delegates just a year into the new initiative.
She said there have already been four major benefits of the programme. First, and perhaps the most obvious, is a marked improvement in qualified sourcing professionals which provide a real value proposition to the group.
Second, is an improvement in time effectiveness with, for example, the time to establish procurement strategies having reduced significantly. Third, the international scope of the training initiatives improve consistency of sourcing strategies around the world and finally, it allows the practical transfer of knowledge, with subsequent measurable impact on procurement performance.
However, Dr Wanner said that the ultimate measure of success will be internal stakeholder research, something which she is currently in the midst of.
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