Managing Director & Partner
Wolfgang Schnellbächer leads Boston Consulting Group's procurement practice in Europe, Middle East, and South America. He is an expert in procurement, transformation, digital procurement, supply chain management, and production.
Wolfgang’s client work at BCG focuses on large-scale transformations, direct and indirect category management, digital procurement solutions, procure-to-pay, and operating models of procurement departments.
Before joining the firm, Wolfgang worked for six years at McKinsey & Company as a member of the procurement global leadership team, where he concentrated on indirect optimizations and built the procure-to-pay service line.
Most risks to supply chains are predictable. This means that companies can & should take steps to be prepared to handle them.
To prevent the semiconductor crisis from happening again, resilient operations must be backed by a systemic approach that puts procurement at the core.
In today’s world, companies face constant crises. Leaders who put procurement at the core can help their companies to not only respond to challenges but achieve phenomenal sources of competitive advantage—by radically embedding artificial intelligence, making procurement bionic.
The article illustrates, how purchasing functions can cross-functionally unlock potential for suppliers with limited competition – leveraging three new Procurement tools: Technology Conventions, Virtual Technology Conventions, and Technology Fairs.
To optimize their cost-cutting efforts, smart companies are turning to their suppliers.
Digital can help procurement teams gain a much deeper understanding of their purchases—and cut costs significantly.
Deploying technology solutions along with conventional best practices can greatly mitigate the risk of future failures.
Conventional approaches alone can’t do it. New digital solutions must also play a role.
Contrary to popular belief, the most successful digitization efforts do not begin with technology decisions. Focus instead on business and procurement objectives.
Data and advanced analytics, automation, and blockchain technologies can provide considerable value—if you know how to leverage them.