Sourcing & Procurement
Sourcing and Procurement Services
Our Sourcing and Procurement Services capabilities include
We work with clients to successfully transform sourcing and procurement departments to meet internal and external needs. We use a proven phased approach to address key components of the sourcing and procurement transformation, starting with an experience-based assessment and followed by parallel delivery of savings and sustaining capabilities. We then work with you to develop and implement a road map to successfully streamline solutions and improve the business process.
We work with our clients to understand spend categories and identify strategies to reduce cost. Procurement services cover a broad array of spend and subcategories with specific importance varying by industry and organization. Segmenting spend and applying the appropriate category management and sourcing strategy is critical to cost reduction and procurement organization success.
We understand the challenges of strategic sourcing and procurement to help companies align their strategies with the goals of the enterprise. We create flexible frameworks to respond faster in volatile market conditions. This flexibility in sourcing and procurement operations plays a key role in a company’s ability to respond to the evolving needs of customers.
We understand that procurement transactions need to be fast, error-free and dependable. We show organizations how to gain full visibility over the life cycle of a transaction and make procurement improvements for positive change. This is achieved through services that analyze performance against best practices, discover gaps and develop a road map to optimize the procurement process and gain business value.
We help clients control spend and ensure contract compliance through the development of measures and controlling activities. Our sourcing and procurement experts combine diverse industry backgrounds with current industry benchmarking data to identify cost savings and manage risk associated with poorly written contracts.
We work with clients to select, configure and implement software solutions to optimize their value chain. Our experts gain a deep understanding of your technology needs and develop a high-level application architecture along with supporting requirements. As a part of this architecture, we help you realize the benefits of past and future technology investments – like sourcing tools and services, procure-to-pay solutions, and contract management.