BEST BUY
The function now plays a central role in driving optimisation.
“ Our recent success in delivering incremental value and providing new levels of data visibility to the enterprise has resulted in expansion of our role to include facilitation of operating income optimisation efforts for the company,” Anna reveals.
“ Procurement has been asked to integrate commercial and business operational efficiency strategies into one enterprise governance process. This approach enables visibility to all opportunities for allocation decisions in growth priorities.
“ Being a lever of insights and information in a very proactive structured way is driving different levels of discussions and enabling
“I’ m very proud that procurement is not only contributing to the bottom line, but ultimately top-line growth”
ANNA BAREJ, VICE PRESIDENT OF PROCUREMENT, BEST BUY us to be at the forefront of growth through reinvestment strategies,” celebrates Anna.
“ I’ m very proud that procurement is not only contributing to the bottom line, but ultimately top-line growth as well.”
Key victories and lessons learned Reflecting on the transformation journey, Anna identifies three significant achievements:
1. Redefining procurement’ s value proposition and becoming a genuine strategic partner to the business.
2. Building an entrepreneurial culture within procurement that encourages innovation and constructive challenge.
3. Expanding beyond traditional procurement boundaries to directly contribute to Best Buy’ s growth strategies.
However, given the chance to do it all again, Anna admits she would have paid more attention to change management:“ I would definitely pay more attention upfront to the change aspect and how people react to it.
“ I assumed that, if I were to communicate effectively multiple times, it would be enough. But what I’ ve learned over time is that you have to dedicate much more time to the change conversation.
“ You need to have different types of conversations with a variety of audiences. Some people require
14 bestbuy. com