Procurement Excellence

Procurement and supply chain are fundamental functions for efficient operations. The motivation to review procurement and supply chain methods in times of economic downturn has typically been to cut costs. However, there is changing emphasis towards strategic cost reductions and value-adding activities. Altering procurement and supply chain methods create a more efficient process that meets the shifting demands of customers and markets.

Why change procurement and supply chain?

Faced with the increasing range, pace and impact of disruptive events, organisations are seeking greater agility and adaptability. In responding to evolving business strategies and the challenges these present for the supply chain, procurement leaders are forced to revisit the capabilities they need to succeed.

Key questions to consider:

  1. Do you understand the financial and operational health of your suppliers?
  2. How can you use procurement to help manage cost containment?
  3. Do you have alternate sourcing plans in place to protect yourself and manage risk?
Why change procurement and supply chain?

Effective Cost Management

The key to successful organisation often lies in having a clear, forward-thinking cost management strategy aligned to the business. Taking a strategic approach to managing your third party spend and updating your procurement operating model can lead to direct increase in profitability and shareholder value.

Effective cost management is sustained through effective strategic procurement excellence, which examines the strategy, process and infrastructure to optimise strategic sourcing benefits.

Effective Cost Management Infographic
Releasing the untapped benefit of procurement

Digitalise your procurement journey

Many organisations don’t have a clear picture on ‘what’ they are buying across all categories of spend, from ‘whom’ they are buying and ‘how’ much they are spending in their procurement journey. Having an
e-Procurement platform will help increase spend visibility across the value chain and increase efficiency in spending because it centralises tracking, thereby helping leverage volume and lower costs.

Our PwC’s solutions support you through the entire procurement journey. Make an assessment of your current practices and find out how we can help you to close the gaps.

Assess your current procurement maturity

How do you compare against best practices in the areas of

  • Managing third party spend
  • Effectiveness of working with supply chain
  • Procurement operating model

Supplier Relationship Management Solution

Take a strategic and proactive approach to your supplier management.

Our PwC’s Supplier Relationship Management Solution provides a 360 view of the procurement and supplier engagement lifecycle at all levels. SRM is a cloud-based, integrated solution powered by Salesforce technology that accelerates time-to-value and facilitates collaboration, engagement and automation.

The end result? The right relationships, increased visibility and better outcomes.

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Re-Define Procurement with PwC's Supplier Relationship

What if you could empower buyers AND suppliers with a seamless procurement process that drives efficiency and elevates quality by equipping them with a user-friendly solution built for collaboration and transparency? With PwC's Supplier Relationship Management Solution you can!

Procurement Excellence

Procurement Excellence is PwC’s approach to helping our clients develop best in class procurement capabilities. We use our knowledge of procurement leading practices to design and deliver tailored transformation programmes that unlock new value on organisational spend.

  • New procurement functions

  • Supplier Relationship Management programme

  • Tactical and strategic sourcing solutions

  • Supply Chain Analytics

  • Best practice contract management processes

  • New procurement shared services operating models

  • Skills assessment and new procurement training curriculum

  • New eProcurement solutions

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Contact us

Marc Philipp

Marc Philipp

Consumer and Industrial Products Leader, South East Asia Consulting, PwC Singapore

Tel: +65 8223 1503

David Hodge

David Hodge

Digital Procurement Leader, South East Asia Consulting, PwC Singapore

Tel: +65 9630 3462

Dave Chen

Dave Chen

SAP Leader, South East Asia Consulting, PwC Singapore

Tel: +65 8125 7640