SARANTIS GROUP
“ This standardisation enables consistent monitoring, easier team mobility and the ability to apply lessons across categories.“ Key procedures are already in place, including vendor approval through quality questionnaires and signing NDAs, financial checks with the finance department, service level agreements, price list approvals, payment terms approvals. These have quickly become part of everyday life,” Dimitris notes. Sarantis Group is enhancing its framework with two additions. First is innovation.“ Joint innovation workshops focus on NPDs, packaging redesigns and reformulations, which help with process optimisation,” Dimitris explains.“ And this is made through annual innovation days, fostering collaboration with strategic partners.” These innovation days transform suppliers from vendors into development partners. Second, says Dimitris, is sophisticated segmentation:“ This includes risk-based supply segmentation – strategic, critical, leverage or transactional – supported by financial health checks, geopolitical risk assessment based on what we have seen in recent years, as well as the sustainability scoring we mentioned before.” This method allows the organisation to calibrate its approach based on both supplier importance and risk.
Skills for the future of procurement As Sarantis Group’ s procurement function evolves, so too must team capabilities. procurementmag. com 67