Strategic Sourcing is about finding value through procurement. It encompasses developing and executing an approach that continuously improves and assesses the purchasing activities of an organization while extracting the best possible value. Value can be defined as market related, risk reduction, tax efficiency and efficiency savings, all of which are captured within strategic sourcing and are an essential component of the journey to procurement excellence.
Strategic Sourcing
Develop and execute a strategy that assesses your purchasing activities while extracting the best possible procurement value.
The benefits
- Procurement strategy for better spend management
- Improved transactional efficiency
- Enhanced productivity
- Scalable service delivery model
- Optimized functional processes
- Transparency for procurement leaders and internal business partners through dashboards and real time reporting outlining: components of risk, tax, market fluctuations, economic pressures and supply chain disruption
- Effective governance & controls
How KPMG Procurement and Outsourcing Advisory Services can help
Procurement and Outsourcing Advisory Services
Develop strategies for procurement and outsourcing excellence, design operating models, and enable cutting-edge technology to drive lasting value and efficiency.
KPMG Procurement and Outsourcing Advisory Services are designed to optimize your supplier relationships, drive significant cost savings, and enhance operational efficiency. Leveraging advanced analytics and strategic insights, we help you navigate the complexities of the modern business landscape. Explore how our solutions can transform your procurement processes and deliver strategic value.
Subscribe to Real Insights for Operations
Sign up to receive newsletters on KPMG's latest research, analysis, news and events to help operations executives innovate.
Explore our insights
Procurement and outsourcing insights
Research, analysis, and actionable insights that address your organization’s critical procurement and outsourcing issues.
Insight
How generative AI will transform procurement as we know it
Generative AI: Game-changing technology for the procurement function that can save time and money, improve efficiency.
Insight
KPMG 2023 Global Procurement Survey: A critical year ahead
Procurement leaders face complex risks and opportunities that require a focus on strategic sourcing, technology, and sustainable goals.
Insight
Future of procurement
Know how to calibrate the right blend of strategic decision-making and automated support processes
Meet our team
Let KPMG help you build a better, more predictable future with procurement and outsourcing. With our extensive industry experience, functional knowledge and technology enablers, we can help you accelerate your procurement transformation to foster long-term growth and success.
Leo Dalle Molle
Principal, Procurement & Supply Chain Advisory, KPMG US