Find answers, ask experts and talk with the procurement community
Do you want to deliver savings faster, reduce risks and transform functional performance?
Industry leading events
Inspirational leading procurement thinkers and innovators, providing unique opportunities to network and share best practice.
The delegates at the 2014 World Procurement Congress gathered to hear Dr. Klaus Staubitzer, CPO of Siemens, explain the transformation journey that his team are on.
The aim is to make the function less complex, faster in execution and move it closer to the business, but while there are a number of important factors to its ultimate success, Staubitzer pointed out that having the right team in place is essential.
“If you want to do more, you have to have the right people in place,” he said before adding that they needed to prove to the rest of the business that they can speak the language of all the other business functions.
If they didn’t, the function would never be able to gain the traction it needs to be able to drive its influence both at board level and within the different business functions.
Staubitzer set about looking at his team and identifying the skills that existed. To find out, he set up a competency assessment for his team and introduced some web-based training to put them on the right track.
But these skills are not only important for a transformation; Staubitzer added that the next step for procurement is nurturing innovation out of the supply base.
If the team doesn’t have the right skills then these innovations will at best lay to waste within the supply chain and, at worst, end up at one of your competitors.