Impact & Expertise

Sourcing & Procurement

Procurement organizations are playing a more strategic role than ever before, helping companies achieve and sustain a competitive advantage by keeping costs low, providing goods and services efficiently and effectively, and drawing on the innovation and quality insights of suppliers. To succeed, companies must answer questions such as these:

  • What are the critical skills that procurement organizations need today?

  • How can we lower procurement costs without hurting supplier relationships?

  • What skills and best practices lead to success in global sourcing?

  • How can procurement expand beyond a cost-savings mindset to include a focus on adding value?

Well-designed sourcing initiatives can generate substantial savings—up to 15 to 20 percent of a company’s purchasing costs. We work closely with our clients to deliver and sustain those cost improvements, improve cross-functional collaboration, develop new capabilities and more streamlined processes, and build stronger, more productive supplier relationships. Read More 

Experts

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Impact Stories

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  • Learn how BCG helped to reshape a consumer electronics company’s marketing strategy and budget.
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Marketing Publications

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