Awards Category

Sustainability for the Future Award

Recognizing the procurement function that is significantly reducing the environmental impact of their business through innovative and collaborative approaches across the business and supply base.

Procurement has a huge opportunity to positively impact the environmental and social agenda due to the influence it wields over the supply base. Leaders in this space will exhibit how they work upstream to drive environmental improvement or other social issues.

Carbon Reduction Award

This category rewards the procurement teams who were significantly reducing greenhouse gas emissions across its supply chain.

Companies across the world are committing to reduce their greenhouse gas (GHG) emissions and ensure global warming is kept to below 1.5°C. Excellent procurement teams at this stage are translating this intent into action, making fast progress to reduce their CO2 footprint in both their direct operations and wider supply chain.

Green Supply Chain Award

Recognize organizations making sustainability a core part of their supply chain strategy, as well as those working to achieve measurable goals within their operations.

For many organizations, the supply chain is responsible for most of their environmental and social footprint. This category recognizes teams that are adopting innovative methods to identify ESG issues in their supply chain and are working collaboratively with suppliers to effect change.

Circular and Innovation Procurement Award

Recognizing organizations leading the way towards a more circular model of business from a throwaway society.

The circular economy is about producing goods and services in a sustainable way by limiting the consumption and waste of resources and the production of waste. This category rewards procurement teams that have played a significant role in implementing the circular economy model within their organization.

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.

Cross-Functional Collaboration Award

Recognizing excellent cross-functional teamwork projects.

This category was created to give recognition to procurement teams who have implemented excellent projects, such as in procurement projects or business process improvement, putting in place to work together with internal teams or other departments.

Procurement Shared Service Center Award

Showcasing how Procurement Shared Service Center has leveraged a centralized service model to manage the purchasing of goods and services, which allows organizations to optimize costs, streamline processes, reduce risk, improve the efficiency of procurement operations, and help organizations to become more competitive in the marketplace.

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.

Procurement Resilience Award

The China-US Trade Friction, Russia-Ukraine War, Semi-conductor Shortages, Inflation… Uncertainties provide procurement and supply chain with challenges and risks that are rarely seen.

This category rewards procurement teams who effectively respond to complexity, and safeguard the organizations against cost or reputational damage, or mitigated risk within the business or procurement to gain competitive advantage.

Business Partnership Award

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

Efficient Cost Management Award

This category is open to procurement teams who have implemented successful realignment of resources to support a flexible and adaptable capability.

Supplier Innovation & Collaboration 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.

Talent Development Award

People are 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.

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.

MRO Procurement Award

Recognizing excellence in procurement of maintenance, repair and operations.

MRO is a key part of indirect spending and plays an essential role in day-to-day operations. But high complexity and low costs have made MRO category hard to manage well. This award rewards excellence case that helping organizations conquer the complexity of MRO procurement.

Category Strategy Award

Organizations have dozens of categories of direct and indirect goods and services across business units but often very little clarity about the effectiveness of the procurement strategy for each one of them and how they benefit the organization as a whole.

This category rewards procurement teams that developed a strategy that allow you to effectively plan your business direction and stay focused on your objectives. And it also enables companies to buy at cheaper prices which create a competitive advantage in the market

Procurement Ecosystem Award

Procurement ecosystem is the backbone of the business.

This category rewards procurement team who acted as “ecosystem builders” for the enterprise that drive collaboration multiple internal business functions with external expertise to generate entirely new sources of value.

Procurement Organization Transformation Award - For Large Enterprise

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 of new expectations—— to be a high-performing function, to play a more strategic part in delivering sustainable business results, to align with key markets and so on. Open to organizations with a turnover of $1bn and over.

Procurement Organization Transformation Award - For Small-to-Midsize Enterprise

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 Chinese local company.

Best Procurement Team Award – For Foreign-capital Enterprise / 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.

Marketing Procurement Award - Business to Customer

Recognizing excellence in marketing services procurement.

Marketing is the largest indirect-spending category in many businesses, procurement experts should relish the opportunity to help it find new sources of value. This category rewards excellence in procurement of marketing services that unlock greater value for business growth. Open to cases involving business to customers.

Marketing Procurement Award - Business to Business

Recognizing excellence in marketing services procurement.

Marketing is the largest indirect-spending category in many businesses, procurement experts should relish the opportunity to help it find new sources of value. This category rewards excellence in procurement of marketing services that unlock greater value for business growth. Open to cases involving business to customers.

Facility Management Procurement Award

Recognizing excellence in procurement of real estate, workplace, facility management, construction, energy management, etc.,.

Facility management procurement is at the gist of many businesses. Marketplace evolves, sustainable development goals and higher budget pressure bring more challenges to procurement professionals. This category rewards excellence inprocurement of facility management & real estate.

Travel & MICE Procurement Award

Recognizing excellence in procurement of travel & MICE.

Balancing cost, safety and efficiency are considered as the key elements in corporate travel & MICE procurement. This category acknowledges excellence in procurement of travel & MICE.

Professional Services Procurement Award

Recognizing excellence in procurement of consulting, HR, law, accountancy, financial advisory , architecture, and other types of professional services.

Logistics & Transportation Procurement Award

Recognizing excellence in procurement of logistics & transportation.

Logistics & transportation procurement are becoming increasingly important, especially building supply chain resilience in the current VUCA environment. This category was created to acknowledge excellence in logistics & transportation procurement.

IT Procurement Award

Recognizing excellence in procurement of real estate, workplace, facility management, construction, energy management, etc.,.

Recognizing excellence in procurement of information technology products and services.

Every modern business relies on technology to operate. Accordingly, IT procurement is an important part of success. This category rewards excellence in procurement software, hardware, systems, and IT services.