Get Tability: OKRs that don't suck | Learn more →

3 strategies and tactics for Local Procurement

What is Local Procurement strategy?

Team success often hinges on the ability to develop and implement effective strategies and tactics. It's a bit like playing chess, except that you have more than 1 player on each side.

Finding the right Local Procurement strategy can seem daunting, particularly when you're focused on your daily workload. For this reason, we've compiled a selection of examples to fuel your inspiration.

Transfer these examples to your app of choice, or opt for Tability to help keep you on track.

How to write your own Local Procurement strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Local Procurement strategy examples

You will find in the next section many different Local Procurement tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for developing enterprise and supplier strategies

  • ⛳️ Strategy 1: Establish partnerships with local suppliers

    • Identify and list potential local suppliers that align with company needs
    • Develop criteria and guidelines to select suitable local suppliers
    • Organise meet-and-greet sessions with potential suppliers to discuss opportunities
    • Conduct supplier assessments to evaluate their capabilities and capacity
    • Establish contracts and agreements with selected local suppliers
    • Implement a supplier onboarding process to ensure seamless integration
    • Provide feedback and support to help local suppliers meet quality standards
    • Develop a communication channel for regular updates and feedback
    • Monitor supplier performance through regular reviews
    • Create a recognition programme to acknowledge outstanding local suppliers

  • ⛳️ Strategy 2: Provide training and support to local businesses

    • Identify key areas where local businesses require support and training
    • Develop training programmes that address these needs
    • Organise workshops and seminars for local small businesses
    • Collaborate with industry experts to deliver expert training sessions
    • Provide mentorship and coaching to local business owners
    • Create resource materials and guides for continuous learning
    • Develop an online portal for training access and updates
    • Establish a feedback system to refine and improve training programmes
    • Connect local businesses with larger enterprises for knowledge sharing
    • Evaluate the success of training programmes through performance metrics

  • ⛳️ Strategy 3: Initiate community engagement and awareness campaigns

    • Develop a local procurement campaign to emphasise the benefits of local sourcing
    • Use social media and local media platforms for campaign outreach
    • Highlight success stories of local business partnerships
    • Organise community events promoting local products and services
    • Establish a local procurement awards event to celebrate achievements
    • Create informational brochures and materials to educate the community
    • Partner with local organisations to extend campaign reach
    • Measure campaign impact through surveys and feedback collection
    • Gather community support and feedback for campaign improvement
    • Document and share campaign outcomes with stakeholders
local-procurementcommunity-engagementsupplier-managerbusiness-development-officerprocurement-teamcommunity-outreach-team
Implement these strategies

Strategies and tactics for improving local procurement through supplier development

  • ⛳️ Strategy 1: Assess existing supply chain capabilities

    • Conduct a comprehensive audit of current suppliers
    • Identify gaps in supplier capabilities and resources
    • Evaluate supplier performance metrics and standards
    • Benchmark supplier capabilities against industry best practices
    • Engage suppliers in discussions about their challenges and needs
    • Profile suppliers to understand their long-term business goals
    • Map supplier business relations and dependencies
    • Assess the potential for technology and process improvements
    • Identify opportunities to reduce costs and increase efficiency
    • Rank suppliers based on potential for development and alignment with goals

  • ⛳️ Strategy 2: Develop capability enhancement programs

    • Create customised training programs for suppliers
    • Establish a mentorship model with experienced procurement managers
    • Facilitate workshops focused on industry trends and innovations
    • Offer financial assistance for suppliers' capability-building projects
    • Develop quality improvement frameworks tailored for suppliers
    • Implement a continuous feedback loop between suppliers and buyers
    • Encourage joint problem-solving sessions to address common issues
    • Develop a shared resource pool for technological upgrades
    • Offer incentives for suppliers meeting quality improvement targets
    • Build a case study repository showcasing successful supplier developments

  • ⛳️ Strategy 3: Strengthen partnership and collaboration efforts

    • Establish regular communication channels with suppliers
    • Develop joint planning sessions for long-term strategies
    • Coordinate supplier forums to foster peer learning and networking
    • Set up collaborative research and development projects
    • Encourage transparency through shared performance dashboards
    • Recognise and reward suppliers for innovation and quality improvements
    • Establish clear expectations and mutual goals with suppliers
    • Facilitate cross-industry partnerships to expand capabilities
    • Create co-development programs to align with emerging market needs
    • Regularly review and adapt collaboration strategies to maximise impact
local-procurementsupplier-developmentprocurement-managersupply-chain-analystprocurement-teamsupplier-development-team
Implement these strategies

Strategies and tactics for developing Market Strategies for Belayab Motors

  • ⛳️ Strategy 1: Enhance Product Offerings and Market Penetration

    • Expand product line with a focus on electric vehicles to align with global sustainability trends
    • Conduct comprehensive market research to identify new customer segments and unmet needs
    • Increase brand visibility through strategic partnerships with financial institutions for consumer financing
    • Develop a competitive pricing strategy to increase market share against imported used vehicles
    • Launch promotional campaigns highlighting the benefits and features of new electric vehicle models
    • Enhance after-sales services through extended warranties and regular maintenance packages
    • Establish a network of service centres to support product reach and customer convenience
    • Invest in CRM systems to improve customer relationship management and retention strategies
    • Implement training programs for sales staff to enhance product knowledge and customer engagement
    • Utilise digital marketing platforms to reach a broader audience and strengthen online presence

  • ⛳️ Strategy 2: Strengthen Supply Chain and Resource Management

    • Identify and collaborate with strategic local and international suppliers to ensure competitive pricing
    • Enhance logistics and distribution networks to improve product availability across key regions
    • Diversify supplier base to reduce dependency and negotiate better terms
    • Optimise inventory management to reduce waste and improve turnover rates
    • Exploit economies of scale by negotiating bulk purchase agreements with key suppliers
    • Streamline internal processes with ERP systems for effective resource allocation and financial management
    • Implement cost control measures to maximise profitability and support investment in innovation
    • Conduct regular supply chain audits to identify and rectify inefficiencies
    • Work with government agencies to benefit from policy supports and incentives
    • Assess and augment resource capabilities, especially with regards to human capital and technical expertise

  • ⛳️ Strategy 3: Enhance Branding and Customer Engagement

    • Implement a comprehensive branding strategy that highlights quality, affordability, and innovation
    • Strengthen corporate social responsibility initiatives to promote community engagement and brand loyalty
    • Develop and launch a customer feedback system to drive continuous improvement based on client insights
    • Invest in digital marketing efforts, including user-friendly website enhancements and social media campaigns
    • Establish strategic partnerships with educational institutions for brand advocacy and talent acquisition
    • Host informational workshops and webinars to educate potential buyers about electric vehicles
    • Craft strategic PR campaigns to address misconceptions about Chinese brands and enhance public perception
    • Offer loyalty programs and incentives for repeat customers to reinforce brand preference
    • Regularly measure brand awareness and adjust strategies based on consumer sentiment and feedback
    • Collaborate with influencers and industry voices to amplify brand reach and credibility
market-penetrationsupply-chainmarketing-managersupply-chain-analystbranding-teamproduct-development-team
Implement these strategies

How to track your Local Procurement strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability