Now you know more about what Lean Agile Procurement Training offers. But how does it differ from the traditional procurement and contract management approach your business may already be using? Well, the differences are actually quite significant. Approach With traditional procurement, you follow a linear and sequential approach that is often characterised by rigid processes and hierarchies, and an emphasis is usually placed on compliance with established procedures and regulations. Lean Agile procurement adopts an iterative and collaborative approach, leveraging both Agile and Lean methodologies to promote flexibility, adaptability, and continuous improvement that prioritises responsiveness to change and customer needs. Principles Traditional procurement focuses heavily on cost reduction, risk mitigation, and compliance with regulations. This means that there is very little room for innovation or experimentation when it comes to making decisions. With Lean Agile procurement, the principles of customer-centricity, value creation, and cross-functional team collaboration are applied, which encourages innovation and experimentation that allows rapid adaptation to market dynamics. Processes Unlike traditional procurement, which typically involves lengthy cycles, extensive documentation, and rigid sequential steps from requisition to delivery, Agile Lean procurement prioritises shorter cycles, collaboration, and feedback loops. This allows for iterative development within a business as well as incremental improvements based on customer feedback and evolving requirements. Supplier Relationships Lean Agile procurement promotes strategic procurement partnerships and collaborative relationships with suppliers. It also places an emphasis on value creation, shared goals, and developing a mutual trust that drives innovation and continuous improvement. Like most traditional procurement principles, working in the "old-fashioned" way means that relationships with suppliers tend to be purely transactional and are focused almost solely on price negotiation and contract enforcement. Outcomes Taking all of the above into account, each approach results in very different outcomes. Traditional procurement tends to deliver predictable but rigid outcomes, with limited room for innovation or adaptation to changing market conditions. Lean Agile Procurement, on the other hand, aims to deliver value quickly and responsively, with a focus on customer satisfaction, cost-effectiveness, and agility in responding to both market conditions and customer needs.

Lean Agile procurement offers many benefits for business, and by embracing an iterative, collaborative, and adaptive approach, an organisation is able to unlock agility, foster innovation, and enhance the overall efficiency of its procurement processes. That's not all, though. When you apply the Lean Agile methodology to business, you also promote a customer-centric mindset that enables a swift response to evolving market demands and, ultimately, gives you a competitive edge. The emphasis it promotes on strategic supplier relationships and continuous improvement also creates a foundation for sustainable growth, cost-effectiveness, and value creation within the procurement function.

There are four main learning objectives covered with a Lean Agile Procurement Training Course: Foundations of Lean Agile Procurement With this first objective, you'll learn the core principles and values that form the foundation of the Lean Agile Procurement approach. Agile Sourcing & Collaboration You'll then dive into the methodologies of Lean Agile Procurement and learn how they promote faster, more flexible, and collaborative procurement processes. Value Stream Mapping in Procurement Next, you'll learn how to visualise and optimise the flow of procurement value in your current procedures and processes, identify bottlenecks, and explore areas for improvement. Stakeholder Engagement & Alignment The fourth and final objective, here you'll learn how to master Lean Agile techniques to ensure seamless collaboration and alignment with internal stakeholders and external partners.

Twenty2Collective Lean Agile Procurement Course costs $2,450 and it can be taken online or in person.