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Sourcing & Procurement Transformation

Protiviti’s experts help organisations identify opportunities, design, and implement best-in-class sourcing and procurement solutions

In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role in enabling operations, supporting growth and sustainability, managing risk and resilience, and reducing costs. Successful sourcing and procurement functions address today’s needs and have the foresight to plan for tomorrow’s challenges and opportunities. To do this, leaders need to see and understand the inefficiencies, opportunities, and best-in-class solutions that exist throughout the entire procurement lifecycle: Strategic Planning, Spend Analysis and Strategic Sourcing, Contract Lifecycle Management, Procure to Pay, Supplier Lifecycle Management, and Category Management.  

Our professionals excel at helping organisations understand current opportunities while looking ahead to understand what is coming next. The result is a trusted partner with shared guiding principles to help your organisation maximise profitability and resilience.   

Guiding principles:  

  • Customer-centric 
  • Risk protection and resilience 
  • Spend management 
  • Agility 
  • Innovation 
  • Decision support 
  • Delivered value 
We help clients address today's needs while planning for tomorrow's challenges and opportunities

Our Sourcing and Procurement consulting services

Pro Briefcase

Supply Chain Innovation

Protiviti’s supply chain consulting experts work closely with key stakeholders to integrate industry best practices and tailored business solutions to meet the organisation’s needs.

 
Pro Building office

Sustainable Operations, Performance, and Improvement

Companies with strong sustainable practices deliver greater financial value and a lasting positive impact for society and the environment. Stakeholders increasingly demand more ESG efforts, amidst tightening regulations, businesses need to demonstrate purposeful sustainable operations in every element.

 
Pro Document Consent

Business Operations

Protiviti transforms your business through our three-pronged approach of focusing on People, Processes, and Technology to identify opportunities to build intelligent operating models that drive sustainable long-term growth.

 
Pro Document Files

ProView

ProView provides clients with visibility to improve cash and working capital management, process effectiveness, and control performance across both order-to-cash and procure-to-pay activities.

 
In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role

Our approach

Using our proven methodology, data and analytics, and collaborative approach, our team of experts help transform procurement departments to lead organisations in driving innovation and generating real value with bottom-line results.

Sourcing & Category Management

Our experts help companies ensure that value from sourcing activities does not erode over time, leaving significant value opportunities unrealised. Protiviti helps clients create category plans and strategies that align with business objectives, financial goals and optimise long term planning. We focus on:

  • Spend Visibility
  • Cost Savings
  • Category Insights & Strategies
  • Resilience & Risk Management

Procurement Transformation

We help our clients optimise the entire procurement cycle to maximise efficiency and value while minimising risk. Our procurement transformation experts help maintain visibility and control over the end-to-end processes and related systems while improving the internal stakeholder experience. We do this through:

  • Transactional Discipline 
  • Process Automation & Operational Efficiency
  • Data Integrity, Analytics & Reporting
  • Policy & Spend Compliance

Contract Lifecycle Management

Enabling enterprise-wide Contract Lifecycle Management (CLM) capabilities to provide efficiency, risk management, and visibility of obligations across both buy-side and sell-side agreements. Protiviti provides organisations with the methodology, knowledge, and experience to improve the entire contracting lifecycle. We help our clients increase efficiency, contract compliance, and revenue while mitigating risk and reducing cycle times, administrative costs, and external spend.

  • Operational Efficiency & Technology Enablement
  • Contract Compliance & Risk Mitigation
  • Analytics, Searching & Reporting 

Supplier Lifecycle Management & Third-Party Risk Management

Combining thought leadership and expertise across sourcing and procurement, operations, regulatory, compliance, risk, and security and privacy in our Third-Party Management (TPRM) Center of Excellence, Protiviti has assisted organisations of all sizes and across industries in the assessment, design, and implementation of leading vendor/third party management programmes across the vendor lifecycle:

  • Visibility of Risk Exposure
  • Segmented/Tiered Supplier Listing
  • Active Supplier Oversight & Monitoring
  • Regulatory Compliance
In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role

Key partners

Through our alliance partnerships, we connect innovative services and technology with consulting expertise to optimise business performance.

sap
Oracle
Celonis

Leadership

Chris Monk
Chris Monk
Chris is one of the leaders of the Global Supply Chain & Operations practice and the leader of Protiviti’s Sourcing and Procurement offering.  With over twenty years’ experience, Chris has a proven track record of analysing, improving, and transforming ...
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BLOG

Unleash the Power of Sustainable Sourcing in Supply Chains

Sustainability often starts in the supply chain. Without an effective sustainability program within the sourcing and procurement and supply chain functions, the rest of the environmental, social and corporate governance (ESG) footprint can quickly...
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WHITEPAPER

Procurement Transformation Fuels Supply Chain Resilience

Discover how procurement transformation fuels supply chain resilience. Learn the key steps to adapt procurement practices for a post-pandemic world.
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PODCAST

Podcast | Procurement as a Service: Bringing Together Talent and Skills – with Chris Monk and Holly Lindstrom

In the wake of a world-changing pandemic and amid current uncertainties in the global economy, organisations have made, and are making, some significant adjustments in their operations. For most, the procurement function is at or near the top of the...

BLOG

Four Enablers to Achieve a Balanced Approach to Inventory Management

As CFOs deepen their collaborations with supply chain leaders to deploy and improve revenue assurance models, they’re seeking reassurance that “just-in-case” approaches will not lead to excess inventories or trigger working capital and cashflow...
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Resource backfill, technology and process change drive state procurement improvements

Many institutions in the public sector are faced with improving the efficiency and responsiveness of their services and operations to better serve stakeholders and the public. High turnover and lengthy recruiting cycles are creating both a loss of...

Protiviti helps global energy conglomerate complete a complex integration of an E&P target

Rising energy prices and the resulting profitability typically generate a flurry of merger and acquisition activity in the oil and gas sector. The deals frequently target organizations that are independent and entrepreneurial in spirit — companies...

Global Multimedia Organisation Transforms Sourcing and Procurement Function and Saves Millions

In many organisations the procurement function is thought of purely as an administrative function and cost center, but addressing opportunities in this area offers a chance to add significant value to the organisation. Investment and focus on the...

A national retailer takes on inventory shrink to improve margins

At a price tag of almost $50 billion per year, retail industry losses due to inventory shrinkage are significant. Measuring inventory shrink is a must because it directly impacts gross profit and businesses cannot improve on what they cannot or do...

Global manufacturer of technology products revamps SIOP and warehouse operations to sustain growth

The best businesses not only build markets, they also continually improve their systems and processes to support that growth. That was the case recently when a major U.S.- based manufacturer of technology products realised its success was outpacing...

Aerospace firm embraces holistic inventory transformation, saves millions

A successful organisation is one that can deftly coordinate its many moving parts, but, sometimes, even the best organisations can get out of sync. That was the case with an aerospace company and its inventory. The organisation knew it was operating...
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