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

More on our Experts

Impact Stories

  • Reducing a Mining Company’s Procurement Costs
  • See how BCG helped a mining company create a supply-chain organization to cut procurement costs by more than 10 percent.
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  • Ramping Up Auto Parts Sourcing from China
  • BCG helped an auto parts company increase its China sourcing volume by U.S.$1 billion to achieve tangible cost savings.
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  • Supplier Contingency Program
  • Learn how BCG helped a major automotive supplier prepare, beyond capacity adjustments, for the economic downturn.
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Sourcing & Procurement Publications

  • Making Your Marketing Dollars Work Harder
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