Forward-thinking players are setting their sights on advancing the future of procurement with active value management. But there's a long way to go to become an essential part of the enterprise performance conversation.
Direct Materials Sourcing: Innovate Your Way to Double-Digit Savings
Innovation is key in today's business environment. In this podcast, Natascha Schijven and Vijay Kasi discuss innovative approaches to sourcing direct materials, including the A.T. Kearney "Request for Solution" approach—a transparent and collaborative technique that leverages cost modeling, expressive bidding, and optimization. Natascha and Vijay emphasize the need for new methodologies that look beyond cost in order to extract maximum value, and they outline the benefits that innovative approaches can bring.
A.T. Kearney Procurement & Analytic Solutions works with clients to assess their current enterprise-wide supply management capabilities, determine the critical gaps in relation to best practices and build a roadmap for improvement. We leverage current investments and capabilities to prioritize areas that will drive the biggest near term improvement results.
Lead your procurement organization in the right direction with ROSMA℠
The ability to measure, track, and manage the forces that drive performance is critical to a procurement organization’s success. A.T. Kearney has developed an innovative Procurement Performance Management (PPM) solution that allows accurate and real-time visibility into supply management activities and improvement opportunities. The solution guides procurement and key stakeholders through the entire workflow,from annual planning and project pipeline management to project tracking and results validation. Additionally, it manages resources and provides dashboards with performance metrics such as A.T. Kearney’s breakthrough performance indicator, ROSMA℠ (Return on Supply Management Assets). ROSMA℠ measures a procurement organization’s productivity and financial impact on the entire business.
Organizations acknowledge maintaining a competitive edge requires the infusion of analytics into their business strategies. Procurement and sourcing functions can leverage analytics to differentiate themselves from competitors and optimize key business processes.
A.T. Kearney Procurement & Analytic Solutions is dedicated to helping clients benefit from services and solutions that transform supply chain management processes, as well as analytic driven initiatives. We help them not only realize an immediate impact from improving their procurement management, procurement analytics, strategic sourcing initiatives, and supply chain management organizations but also secure a sustainable and growing advantage.