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Strategic Sourcing

Develop and execute a strategy that assesses your purchasing activities while extracting the best possible procurement value.

Strategic Sourcing

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.

How KPMG can help

Strategic Sourcing drives value across sourcing activities, from delivering best-in-class spend analytics and category opportunity identification, to leading full scale category sourcing initiatives (with varying levers) and direct negotiations. Our team has a strong track record of delivering value across every industry and category with a focus on pulling key value levers and enhancing return on investment for our clients. Our wide-ranging portfolio of services assists our clients from strategy through results.

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Spend and Contract Analysis

Value Added

Spend and Contract Analysis

Spend and contract analysis that enables identification of opportunities that provide meaningful value
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Industry and Market Insights

Business

Industry and Market Insights

Deep industry expertise, category benchmarking, and market expertise from our highly experienced practitioners
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Sourcing Execution

Source

Sourcing Execution

Sourcing event lifecycle management, including event development and execution, negotiation strategy creation, and solution implementation
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Category Management & Sourcing

Category Management & Sourcing

Reducing costs and improving performance through development of strategic long-term supplier relationships
Spend and Contract Analysis Industry and Market Insights Sourcing Execution Category Management & Sourcing

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

Explore our insights

Procurement and outsourcing insights

Research, analysis, and actionable insights that address your organization’s critical procurement and outsourcing issues.

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Insight
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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.

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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.

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The future of procurement

The future of procurement

To keep ahead of change, procurement needs to not just evolve but innovate. Quickly.

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Meet our team

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Leo Dalle Molle
Principal, Procurement and Outsourcing Advisory, KPMG US
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Leo Dalle Molle
Principal, Procurement and Outsourcing Advisory, KPMG US
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Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2024 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

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