Procurement Strategy and Consulting Services
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Procurement Strategy and Consulting Services
In its new role, procurement is expected to be a ‘value enabler’ by optimizing the use of goods and services. The role of CPO is seen as evolving to that of a trusted business partner and advisor working in sync with the C-suite and procurement strategic decision makers to unlock value through collaboration, manage risks, build sustainability, and enable user experiences. Procurement strategy consulting is essential to achieving these goals, and procurement strategy providers like Infosys BPM are here to help.
We have supported multiple clients in their procurement transformation journeys through, procurement transformation services, consulting services, tech-implementation support, and project-based services delivered through our strong consulting and category management division, Infosys Portland.
Combining our specialist expertise, experience, and technology – we help propel our clients towards their procurement transformation vision by developing client capabilities, creating effective procurement strategies and planning and roadmaps for innovation, designing operating models, and handholding them during the change process.
Our offerings for effective procurement strategy
If you are looking at holistically strategy for your sourcing and procurement performance, augmenting your capabilities, or investing in a new technology to mitigate risks, we have the right solution for you. Our comprehensive range of procurement consulting services include:
- Procurement transformation and strategy development
- Technology assessment and digital procurement strategy creation
- Spend analytics
- Opportunity assessment and diagnostics
- Capability assessment, consulting, and training
Access AI-based capabilities
Why choose us for procurement strategy consulting?
The Infosys BPM procurement strategy approach focuses on strategic sourcing to optimize the procurement team’s efficiency:
- 'Deriving overall value' from end-to-end procurement processes rather than just being ‘focused on savings’ to enhance competitive advantage in the supply chain.
- ‘Managing risks and sustaining businesses’ than just ‘fulfilling supply requirements’
- Being ‘proactive and predictive’ and leveraging the power of AI, robotics, and deep analytics while implementing ‘Glocal, segmented, and customized approaches’ rather than a ‘one size fits all strategy’ will enhance visibility across the supply chain.
Hence, clients engage with our procurement strategy services and consulting services for a number of reasons, including cost reduction and improved supplier relationships:
- • Seeking to drive a rapid change / turnaround in their business performance underpinned by a step change in procurement performance metrics
- Not having sufficient internal capabilities and seeking to augment their capability and upskill their internal team(s) can be mitigated through our strategic sourcing solutions
- Having strong internal capabilities but are under-resourced to achieve their goals and targets within the required time frame for effective spend management
- Seeking to undertake a major structural / transformational change and need support developing and implementing the right solution for optimizing their procurement team
- Having advanced capabilities and resources but are seeking the procurement strategy providers to challenge the status quo and bring in new ideas for supplier management and optimization
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Find out more about how we can help your organization navigate its next. Let us know your areas of interest so that we can serve you better
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