Operations - Strategic Sourcing

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Strategic Sourcing

In today's economy even a modest reduction in business costs can yield a tremendous competitive edge. Leading companies recognise this, and their executives are giving unprecedented attention to procurement as a means for improving shareholder value. Chief procurement officers are under particular pressure to keep purchase costs down and to enhance the value of supplier relationships. But, faced with poor information visibility, inefficient sourcing activities, maverick buying behaviour and minimal coordination between engineering and procurement teams, many companies are struggling to deliver consistent results.

A.T. Kearney helps companies to address these difficulties, maximising results through a powerful combination of strategic sourcing expertise, category management capabilities, market-driven content and deep knowledge of world-class procurement practices. From identifying savings opportunities to managing supplier relationships and aligning internal stakeholders, we empower purchasing constituencies to play a vital role in sharpening business operations and reducing product time to market.

Please click on the relevant tabs above for more details on Spotlight and Media and Client Showcases related to Strategic Sourcing.

For more details on Assessment of Excellence in Procurement, Advanced Category Solutions and the Purchasing Chessboard, please click on the links within the diagram to the right or the list to the left.

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Optimising operations to deliver the customer value proposition at the lowest possible cost Eliminating waste and streamlining manufacturing processes to deliver only what customer values Applying and tailoring the best of lean methodologies and tools to the service sector Focusing efforts on tackling strategic issues rather than incremental process improvements firms can substantial financial and strategic gains Supply Chain Operating Model at how businesses need to structure themselves to win in an increasingly Global environment Open collaboration and tighter Integration across the entire supply chain can reduce costs, improve time to market, increase efficiency and enhance customer satisfaction Sales and Operations Planning (S&OP) aims at balancing supply and demand in order to minimise inherent variability within the system and financial impact Complexity Management deals with managing complexity in areas of product portfolio, customer portfolio, locations / sites and processes Customer Integration helps tailor Supply Chains to maximise availability to customers and therefore be a major lever for top line improvements Strategic Sourcing enables an organisation to match its supply base performance with its business requirements financial discipline A.T. Kearney’s Assessment of Excellence in Procurement enables procurement organisations to drive their performance to world class levels Advanced procurement category solutions to enable clients to achieve economic benefits whilst enhancing overall supply base performance The world-leading tool to determine the appropriate strategy for every procurement category by addressing supply and demand conditions Physical Supply Chain projects are aimed at most effective alignment of the operational footprint with current and future business imperatives Reducing the capital requirements by focusing on stock management and financial discipline Optimising the end-to-end network using a combination own or third party tools as appropriate Driving excellence within a site operations through a mix of Lean and other performance enhancement tools