Companies and procurement leads are facing major challenges due to increased complexity, volatility and uncertainty. We help our clients develop best-in-class procurement capabilities by transforming the way to create value through procurement.
We do this by realizing competitive advantage through digitalization, creating data-driven insights supported by a fit for the future operating model, simplified processes and a digitally savvy workforce to fuel performance. Our transformation approach includes an end-to-end perspective, ensuring that both business and procurement objectives are met.
Explore our PwC’s CFO – CPO Procurement Perspective Survey which provides insight into the thinking of procurement and finance leaders and explores top of mind procurement issues and opportunities for companies today.
The increasing complexibility and impact of disruptive events, underscore the tremendous challenges for the procurement leader. Organisations are seeking greater flexibility and adaptability. Procurement does have to reshape and reinvent itself and leaders are forced to revisit the capabilities they need to succeed.
Having a clear, forward-thinking cost management strategy aligned with the business is a critical element of becoming a successful procurement organization. Effective cost management is sustained through effective strategic procurement excellence, which examines the strategy, process and infrastructure which leads to an increase in profitability and value.
We use a structured approach to Find, Get and Keep savings. By creating transparency, we identify areas of underperformance and with our hypothesis-driven approach we convert the ideas into clear cost reduction initiatives. To create transparency and ensure an efficient way of working we use a broad range of solutions to power procurement through digital and analytics.
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We see digital transformation as a key enabler for a more effective and efficient procurement function.
We support our clients in defining and implementing a future proof operating model for procurement enabled by the right capabilities and the right technology. A clear procurement strategy is the fundamental, on which our enabling components -including organization, governance, processes, data and technology- are built. In co-creation we define your transformation roadmap.
Our vision and roadmap cover the relevant technologies and business solutions. We advise you in determining the best fit solutions and support you through the entire procurement journey. This includes design and implementation of the fit for future enabling components and capabilities to deliver next level performance. While we are technology agnostic, we have partnerships with the leading digital procurement solutions providers to provide you with in-depth expertise.
Organisations are exposed to many third party risks including supplier risk. These supplier risks can be severe and include continuity, financial performance, compliance, CSR, reputation risk. Supplier risk management is therefore not an extra but a ‘must have’.
With leading practices through digital tools and an end-to-end view of transformation in mind we can help you to develop a best in class procurement function.
Our procurement transformation team has experience across all aspects of the procurement process—from strategy to implementation and can help you with any stage of your journey including: