Streamline sourcing and procurement to integrate and simplify

Discover how innovative approaches and data-powered procurement can drive performance and efficiency.

Companies face the challenge of rapidly scaling innovations, adapting to market changes, and seizing new opportunities while keeping costs low and improving customer experiences. Procurement leaders are uniquely positioned to drive growth through supplier innovation and to build a resilient and responsible supply chain network.

183%

Level of disruption is up since 2019

How sourcing and procurement is changing

Gain an edge with procurement AI and automation

Companies can reinvent their procurement processes by integrating data, intelligent technologies and talent to deliver powerful insights and new ways of working. By automating repetitive tasks such as order processing, inventory management and shipment tracking, procurement organizations can reduce error and save time. Data analytics helps streamline operations, reduce waste, and drive innovation.

Drives end-to-end transformation across indirect and direct cost categories to create more efficient, resilient, agile and sustainable supply chain networks.

Involve designing intelligent, digital procurement solutions across direct and indirect spend and using SynOps to ease the journey.

Maximize negotiated savings and value through Category Analysis & Strategy, Sourcing Strategy, Contract Services and Supplier Relationship Management (SRM) capabilities.

Drive higher levels of control, minimize risk, help to capture more savings and increase efficiency and effectiveness through Channel Enablement & Compliance, Requisition-to-Order and Invoice-to-Pay capabilities.

Include designing, planning and managing long-term solutions that drive immediate results and long-term transformations. Involves demand management, enabling client teams and transforming Procurement to impact the entire enterprise.

What you’ll achieve

Access to new expertise

Free up time to focus on innovation, such as sustainability in procurement. Shift procurement’s focus from transaction processor to strategic partner.

New ways of working

Modernize procurement processes and make procurement predictive and proactive with real-time insights that drive informed decisions and manage change.

New business outcomes

Improve productivity and compliance and reduce invoice exceptions; lower operations costs and improve working capital—, all part of helping increase shareholder value.

What’s trending in sourcing and procurement

Research Report

Reinventing Enterprise Operations – How mature operations use Gen AI to support growth

Organizations with highest operations maturity are 3.3x more likely to succeed at scaling high-value gen AI use cases and report 2.5x higher average revenue growth. Operational performance and gen AI enhance each other.

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Case Study

Global logistics leader improves spend visibility by 95%

This leading global logistics and supply chain management company reinvented its procurement process and spend visibility. It can now make faster, data-driven solutions and better-informed decisions across the organization.

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Case Study

Finance retools for growth