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

  • Supplier Contingency Program
  • Learn how BCG helped a major automotive supplier prepare, beyond capacity adjustments, for the economic downturn.
  • read more
  • Biopharma Manufacturing Transformation
  • See how BCG worked with global biopharma companies to transform their manufacturing and supply chain organizations.
  • read more
  • Creating a World-Class Procurement Organization
  • See how BCG helped a global consumer products company save hundreds of millions of dollars by optimizing procurement.
  • read more

The Premier Thought-Leadership Resource

BCG.Perspectives siteExplore the latest cutting-edge thinking on business and management issues.bcgperspectives.com

Sourcing & Procurement Publications

  • Apparel at a Crossroads: The End of Low-Cost-Country Sourcing
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