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Business Chief USA July 2019

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SERVICE NEW BRUNSWICK<br />

228<br />

“We’re starting to have<br />

more conversations<br />

about value-based<br />

procurement, whereby<br />

the results are based<br />

on outcomes”<br />

—<br />

Renée Laforest,<br />

Vice President, Finance and<br />

Strategic Procurement Division,<br />

Service New Brunswick<br />

sector,” she explains. “Five or six years<br />

ago there was an emphasis on cost,<br />

and the strategic procurement division<br />

was asked to find substantial savings<br />

for the government. Therefore, not<br />

unlike a lot of procurement teams,<br />

we shifted towards a category<br />

management strategy.” In essence,<br />

this involves clustering similar items<br />

that the company wants to buy under<br />

a single cost-effective deal. “We have<br />

achieved a significant amount of<br />

savings through this new strategy,”<br />

Laforest enthuses.<br />

JULY <strong>2019</strong>

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