Lean Agile Procurement Definition

Lean Agile Procurement is a new approach to procurement that emphasizes speed, flexibility, and collaboration. It is based on the principles of lean manufacturing and agile software development, which emphasize continuous improvement and customer satisfaction.

The goal of Lean Agile Procurement is to help organizations procure goods and services more quickly and efficiently, while maintaining high levels of quality. To do this, Lean Agile Procurement relies on a number of techniques, including:

-just-in-time (JIT) delivery: instead of stockpiling goods or waiting for them to be delivered, JIT delivery ensures that goods are delivered only when they are needed. This helps to reduce waste and improve efficiency.

-continuous improvement: by constantly seeking ways to improve processes and procedures, organizations can minimize waste and maximize value.

-collaboration: Lean Agile Procurement encourages organizations to work together closely, in order to share knowledge and best practices. This helps to ensure that everyone is working towards the same goal.