Project Spring

Project Spring

Project Spring

About the initiative

It’s time for a revolution in marketing procurement. A transformation from savings to value, which can rid the profession of bad practice and reduce the number of opportunities for negative articles about the discipline.

Evolving perceptions, however, also requires changes in the way procurement works with its stakeholders inside and outside each company: evolution to procurement processes, improving people’s understanding of procurement, building new performance KPIs beyond just savings and involving external partners to ensure a true perspective.

This report is designed to help everyone on that journey.

Based on a two year’s work of the WFA Global Sourcing Board and WFA Sourcing Forum, it has identified elements that can impact the perception of marketing procurement, as well the progress that has been made since WFA started to formally raise the topic within its network.

It identifies multiple initiatives being independently developed by WFA members to evolve their function and ensure the it does not become obsolete, irrelevant or a barrier to business growth.

It is designed to inspire and end the “race to the bottom” that some marketing procurement practitioners are contributing towards; blindly cutting costs and reducing fees. It is not a route-map to perfect practice but the start of a journey.

As with any transformation, the drive to create a “value in” instead of “cost out” should never end.

Get the report

Get the report

What does it cover?

  • The foundations of marketing procurement
  • Current perceptions about marketing procurement
  • Insights on the way forward, with a focus on process, people, performance and partners
Download here Download here

Contributors

Project Spring is a global sourcing initiative launched in 2018 and designed to transform the value proposition of marketing procurement.

The leadership comes from the WFA Sourcing Board, a group of highly experienced and forward-thinking executives who can create concrete actions and share world-class marketing procurement practices.

The vision for Project Spring and the Sourcing Board is that procurement should become the trusted partner of brand investment strategy and play its part in driving the business forward.

The roots of this movement lie in the WFA’s Sourcing Forum, which brings together more than 1300 global and regional marketing procurement experts in multiple meetings each year across three continents.

Global Sourcing Board

  • Tracy Allery
    Tracy Allery Tracy Global Category Leader – Marketing & Services, IBM
  • Jose Gonzalo Bisquerra Mora
    Jose Gonzalo Bisquerra Mora Jose VP Marketing, Sales and Technology Global Procurement, Haleon
  • Christopher Kredo
    Christopher Kredo Christopher SVP, Global Procurement A&M, PepsiCo
  • Jennifer McLachlan
    Jennifer McLachlan Jennifer VP, Brand Building Purchases, P&G
  • Sarah Newnham
    Sarah Newnham Sarah Group Director Marketing and Media (Global Procurement), Sky
  • Michael Pues-Tillkamp
    Michael Pues-Tillkamp Michael Head of Marketing Procurement, IKEA
  • Liliya Rechitsky
    Liliya Rechitsky Liliya Sr. Director of Procurement, Best Buy
  • James Taylor
    James Taylor James Global Procurement Director, Media, Digital and Consumer Planning, Diageo
  • Rachel Wentzel
    Rachel Wentzel Rachel Senior Director HQ Brands Procurement, adidas
  • Hannah Whittall
    Hannah Whittall Hannah Global Sourcing Director Marketing Services, L'Oréal
  • Chrissy Zhou
    Chrissy Zhou Chrissy Senior Director, Global Media Sourcing & AMEA Marketing and Sales Sourcing, Mondelēz

What industry experts say

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PSpring_Jen nifer Mclachlan.png

PSpring_James Taylor.png

PSpring_Gerry DAngelo.png

PSpring_Ekaterina Agafonova.png

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