Procurement Managed Services

We help you stay ahead of the curve in the procurement process and transformation, guiding you towards best-in-class strategies
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Delivering holistic solutions that align closely with business strategies, driving growth and accelerating critical business decisions

Today's organisations must be agile to effectively transform their operations and stay competitive in a rapidly changing business environment. As organisation grow and expand their footprints, the procurement process becomes more complex and difficult to manage in-house and expansion of the internal team will result in higher costs due to additional workforce, infrastructure, and other allied costs. Also, procurement challenges such as supply chain disruptions, managing cost dynamics, maintaining robust supplier relationships, and navigating the evolving regulatory changes slows down the efficiency and effectiveness of current business processes. Even a small spend leakage over time can significantly impact an organisation’s bottom line. Hence, procurement has emerged as a top priority for organisations seeking to achieve cost savings and enhance operational efficiency. 

To effectively run a procurement function it is essential to build compliance across the processes, adopt best practices and collaborate with service and technology partners who can play a crucial role in their transformation journey. 

In response, leading procurement organisations are increasingly turning to managed services partner (MSP) to unlock strategic advantages that directly impact their procurement function’s effectiveness. Procurement managed services serve as a differentiator by delivering holistic solutions that align closely with business strategies, driving growth and accelerating critical business decisions. Organisations can gain access to external partner’s capabilities to drive procurement excellence by leveraging experienced talent, optimising procurement processes and technology platforms, reducing costs, mitigating risks and improving overall efficiency. This partnership frees up organisations’ time and resources to focus on their strategic procurement and supply chain initiatives.

How can we help?

Procurement managed services at KPMG in India have emerged as a decisive business partner, empowering organisations to innovate, think forward, develop self-service procurement model for end user, provide real time visibility, support workforce of the future, and create an adaptive, value driven and agile ecosystem that meets operational demands.

We help clients in transforming their procurement function to unlock greater value for their decision making.

analytics

Understand and build metrics across risk, resilience and agility in procurement function, embedding them into your operating model and incentives

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assessment

Conduct assessment and process mining across people, process and technology to review current operating model  

Assessment
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Enhance procurement capabilities through analytics and cognitive AI and provide real-time visibility for informed decision-making

Analytics and AI
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Focus on driving transformation projects with priority beyond efficiency

transformation
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Emulate the leading practices and target the benchmarks set by industry leaders to elevate 

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Develop a robust procurement organisation capable of absorbing shocks and sudden rise in demand, focusing on strategic and long-term projects

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Seasoned team of procurement experts with specialised knowledge, analytics and insights leading to optimisation of spend and informed decision making

team of procurement experts

Why KPMG in India?

We leverage deep industry knowledge and the right blend of leading practices, skills, technology to enable procurement businesses focus more on their strategic objectives, while meeting client requirements. Our approach goes beyond cost efficiency or siloed operations, and prioritise deep domain and functional capability, integrated agile models, and data driven insights to drive successful business outcomes. With over 200+ years of collective experience in procurement, we take pride in empowering organisations in building and transforming procurement operations.

We are driven by proactive and collaborative approach, further characterised by
  • Access to KPMG in India’s diversified experience and the global network of member firms
  • Create an agile, adaptive and value driven procurement function that develop as you grow
  • Use innovative technologies & industry leading practices with focus on value and performance
  • Access to right talent and resources
  • Optimise procurement service delivery with data insights
  • Cost savings and efficiency driven outcomes
  • Flexibility and scalability in procurement operations to suit your business requirements
  • Unlock saving potential with tailored commercial models
  • Transparency and ethical conduct in running procurement operations
  • Compliant with regulatory and industry standards

Our Service offerings

We offer tailored procurement services that keeps the end user experience at the center of focus. We collaborate with you to develop an entrusted Procurement managed service-based model aimed at creating long term sustained value.

At KPMG in India, our procurement management framework follows an integrated approach, aligning key competencies of spend analysis, category management, sourcing management, contract management, supplier management, risk and compliance management, procurement operations and analytics/ reporting.

  • Identify demand characteristics based on past spend pattern.
  • Analyse spend data/ past usage trends.
  • Develop category strategy, sourcing plan and negotiation tactics.
  • Evaluate cost models and provide insights into spend data/ savings to senior leadership.
Demand management
Our focus is to elevate operational efficiency and effectiveness by prioritising stakeholder satisfaction, robust governance and sustainable productivity

Spend management


Spend analysis

Sourcing projects

Spend consolidation

Buying channel optimisation

Category management


Category strategy

Direct category mgmt

Indirect Category mgmt

Spend categorisation

Category support

Sourcing management


Sourcing strategy

Vendor identification

RFX management

Vendor recommendation

Contract award

Contract management




Contract hosting & management

Contract authoring

Contract administration

Contract compliance

Requisition & PO management


PR management

PR 2 PO process

Supplier query

Post PO management

Process compliance & gate keeping

Tail Spend management

 


Spend analysis

Tactical sourcing and spot buys

Spend consolidation

Buying channel optimisation

Post PO support




Expediting

Procurement helpdesk

Compliance and risk management


Process compliance

Regulation compliance

Supplier risk profiling

Analytics and reporting

 


Spend analysis

Variance analysis

PO analysis

Savings analysis

Business insight on the go

India Insights

Our insights is your gateway to thought leadership and in-depth reports. Explore our curated collection of valuable content, where we delve into complex business challenges, share industry trends, and provide actionable insights.

Securing your digital supply chain ecosystem

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Strategic role of data and analytics in modern supply chains

A global overview of key findings uncovered from the Q3’24 Venture Pulse Report.

 

 

The future of automotive supply chains: Connected, collaborative and resilient

Overall prospects for investing in India's capital markets remain positive by strong economic fundamentals and a more streamlined tax environment
 

India’s shipbuilding ambitions: Where are we now and what to do next?

The thought leadership outlines a structured approach that organisations can take to build supply chain resilience and how they can get started


 

Supply chain resilience: a strategic imperative

The thought leadership outlines a structured approach that organisations can take to build supply chain resilience and how they can get started


 

India’s semiconductor ambitions: How to move up the value chain?

Indian startup ecosystem heaved a sigh of relief as Hon’ble Finance Minister announced abolition of Angel taxation for all classes of investors
 

Navigating the path to a sustainable supply chain

Bike-taxi landscape in India and structural developments to enhance their role in India’s mobility sector



 

Navigating disruptions: The supply chain outlook for 2024

As data generation accelerates, with millions of dynamic datasets proliferating across the supply chain landscape

 

KPMG named ‘a worldwide Leader’ in Supply Chain Oracle Ecosystem Services by IDC MarketScape

KPMG firms recognized for helping clients build new capabilities and ways of working that stick.

Supply chain trends 2024: The digital shake-up

With digital opportunities sweeping the supply chain landscape, readiness and line of sight will be paramount to success

How AI, Blockchain and Emerging Technologies are transforming supply chain performance

Boosting agility and resilience with Generative AI, IoT, and Quantum Computing for business growth.

The future of supply chain

From ESG to robots and the metaverse, supply chain leaders have new challenges to prepare for.

Key Contact

Maneesha Garg

Partner & Head – Managed Services, Forensic, F&A, HR, Learning, Insight Led sales, Digital business operations and Sourcing

KPMG in India

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