Awards Category

Best Procurement Team Award- For Foreign-capital Enterprise and Sino-foreign Joint Venture

Recognizing a remarkable overall performance.

This category is created to acknowledge procurement teams who significantly improve their performance and culture resulting in increased agility, impact, effectiveness, competitive advantage and so on. Open to foreign-capital enterprise and Sino-foreign joint venture.

Best Procurement Team Award- For Chinese Local Company

Recognizing a remarkable overall performance.

This category is created to acknowledge procurement teams who significantly improve their performance and culture resulting in increased agility, impact, effectiveness, competitive advantage and so on. Open to local company.

Digital Transformation Award

This category rewards procurement teams who have implemented successful digital transformation resulting in transformative outcomes. This could include the successful reconceptualization and reorganization of procurement strategies, processes, personnel, skills, and support systems through using emerging digital technologies. The new possibilities become operational, bringing huge benefits and a more agile and competitive organization.

Sustainability for the Future Award

Sustainability is about the future.

Procurement has a huge opportunity to positively impact the environment and society thanks to the influence it wields over the supply base. And this category rewards ethical procurement that is the integration of sustainable, environmental, and responsible performance factors into the process of selecting products, services, or suppliers.

Diversity & Inclusion Award

Diverse suppliers play an important role in procurement team’s success.

This category rewards organizations that have implemented successful supplier diversity programs that have unlocked innovation and business value, as well as providing more opportunities for diverse suppliers and helping them grow.

Talent Development Award

People is the biggest asset in Procurement.

This category rewards excellence in professional procurement capability development which includes training, development programs and group culture that nurture and retain procurement talent.

Business Partnership Award- Deep Collaboration with Business

This category rewards procurement teams that met business needs by Business Partner (BP) network that help them stay alignment and deep collaboration with the internal stakeholders.

Supplier Innovation Award

Innovation is a key driver for future profitable growth.

This category rewards procurement teams who leveraged the innovation power of the supply base in a systematic way to improve product, service, or process.

Process Innovation Award

Recognizing process innovation for procurement workflow.

This category rewards procurement team that implemented a new process or system to improve procurement management.

Cost Saving Innovation Award

This category is open to procurement teams who have implemented successful innovative cost saving projects. This could include negotiating reduced pricing and/or additional goods or services, as well as realizing savings by driving purchases to contract sources or some of your innovative approaches, but entrants must evidence it’s validated and provide specific savings figures.

Procurement Organization Transformation Award

Recognizing the procurement teams that made significant advancement of organization transformation. Such as, transformed their legacy processes, practices and structures, and align them with the current needs of the enterprise. Organization transformation can be driven by a lot new expectations—— to be a high-performing function, to play a more strategic part in delivering sustainable business results, to align with key market and so on.

Open to organizations with a turnover of $1bn and over.

Procurement Organization Transformation Award

Recognizing the procurement teams that made significant advancement of organization transformation. Such as, transformed their legacy processes, practices and structures, and align them with the current needs of the enterprise. Organization transformation can be driven by a lot new expectations—— to be a high-performing function, to play a more strategic part in delivering sustainable business results, to align with key market and so on.

Open to organizations with a turnover of less than $1bn.