Indirect Procurement Company

Professional Procurement Service | Procurement Plus

Procurement Transformation for Saudi Gov Bank

Saudi Gov Bank

A notable Saudi Government Bank aimed to achieve procurement excellence by obtaining CIPS (Chartered Institute of Procurement and Supply) certification, ensuring its procurement processes were globally recognized for best practices and operational efficiency. To accomplish this goal, the bank engaged Procurement Plus to conduct a detailed Procurement Maturity Assessment and support the organization in addressing identified gaps.

Saudi Gov Bank – Procurement Maturity Assessment

Topic Description
Client issue The Client wanted to achieve the procurement excellence through obtaining CIPS certification

The Client engaged Procurement Plus to assess the maturity of their procurement department and help them in closing all gaps
What we did Procurement Plus supported the client with assessing the maturity of their procurement department through applying maturity assessment framework to identify their areas of improvement . The maturity assessment included, Leadership, Policy and strategy, People, Processes and performance management our Job included
– Conduct an assessment of the client’s procurement and supply chain capabilities and operational needs
– Assess the client’s existing practices
– Feedback report
– Identification of Gaps and proposed solutions
Value added – Revising the procurement polices
– Developing missing procedures
– Designed a spend analytics tool to better understand the
– Designed Risk assessment framework
– Designed Competency framework
– Category management templates
– Strategic sourcing templates

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