Procure to Pay LEAN Workshop
Procure to Pay LEAN workshop blends practitioner’s experience and LEAN six sigma to provide a framework to achieve significant cost reduction and greatly enhance process improvements. At the end of the workshop, the participants learn key LEAN six sigma principles and walk away with a clear solution-direction and tools to manage the change required to achieve increased effectiveness.
Benefits of the Workshop:
- Standardization of process steps
- Streamlining Approvals
- Reduced Cycle Time
- Increased FTE productivity
Overall, get a 15-20% Cost Reduction Opportunities through the Procure-to-Pay LEAN workshop.
The Procure to Pay LEAN workshop uses LEAN six sigma principles like 5S, 7 types of waste, Voice of the Customer (VoC), SWOT and other tools to create maximum impact to improve effectiveness of Procure to Pay process.
The 3-day workshop agenda outline is as follows:
- Voice of the Customer (VoC)
- Organization Assessment
- Leadership SWOT
- LEAN Awareness Training
- Working team SWOT
- Value Stream Mapping (VSM) and Process mapping
- 5S injection
- 7 types of waste reduction injection
- Roadmap and Next Steps
Procure-to-Pay LEAN workshop participants will walk away with a clear solution-direction, how to run a business process management and tools to manage the change that needs to be brought about the way Procure-to-Pay process needs to be changed.
Did you know that GBS can be a catalyst for your M&A integration and carve-out programs? Global Business Services or GBS is a multi-functional back office organization that exists in many companies in today’s corporate world. GBS organizations are primarily created to consolidate back office functions under one organization, one operating principle and one leadership […]
M&A is one of the complexities of modern day corporate world. At the outset, it is required to gain competitive advantage and, therefore, should be part of any serious-play arsenal. And yet, since it is fraught with pitfalls and contradictions all along the journey, many companies either have failed to implement a successful merger or […]
Get high levels of efficiency in Procure to Pay process using LEAN Six Sigma methods in a 3-day workshop
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Fifth Chrome offers a comprehensive organization transformation suite that spans from organization design to processes to technology and all of it is enveloped.
Mergers and Integrations
Mergers and Acquisitions are a quintessential element of enterprise growth in the 21st century. 5C brings in years of experience in successfully managing integration of companies.
Technology plays a decisive role in today’s world. Fifth Chrome provides highly experienced technology practitioners who have honed their skills by being part of several implementations.
Our education program is conducted by industry experts who blend their experience along with our framework. This enables our program to transfer theory of new skills with practical relevance.