Process
Company structure, process & resource allocation
People
Knowledge, capabilities & authority
Performance
Metrics, KPI's & accountability
Partners
Agencies, consultancies, supporting the business growth
The group brings together senior, experienced executives to create concrete actions and share general world-class marketing procurement practices.
Its members recognise the value that procurement can add to stakeholder relationships and advocates best practice to transform the perception of procurement from that of cost-cutting to one of value add.
Company structure, process & resource allocation
Knowledge, capabilities & authority
Metrics, KPI's & accountability
Agencies, consultancies, supporting the business growth
The Board’s vision is to “be the trusted partner of global brand investment strategies, from sourcing to resourcing marketing and drive the business forward”.
The Board's mission is “to define world-class marketing procurement and set the recommended standards that members of our community should uphold”. These standards are not binding and WFA members are free to depart from them as they wish.
The group has already started to evolve global agency management and created their proposed ‘principled sourcing for global agency relationships’. The following recommended standards are the outcome of workshops between the individuals on our Global Sourcing Board, reflecting their own experience and personal approaches and are merely meant as suggestions or proposals. We are now delighted to share these with the marketing procurement community for comment and input.
The Board will aspire to:
For more information or questions, please contact Laura Forcetti at l.forcetti@wfanet.org
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For more information or questions, please contact Laura Forcetti at l.forcetti@wfanet.org