Sourcing & Procurement Transformation
Protiviti’s experts help organizations identify opportunities, design, and implement best-in-class sourcing and procurement solutions
We help transform procurement functions from transactional activities to a strategic enabler by combining source-to-pay process, business transformation, and industry and digital expertise with our proven approach and methodology, objectivity, advanced analytics, and passion for delivery excellence.
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 organizations 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 organization maximize 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
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. For your business, this means creating Business agility, improving customer experience, cost re...
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.
Our Approach
Using our proven methodology, data and analytics, and collaborative approach, our team of experts help transform procurement departments to lead organizations 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 unrealized. Protiviti helps clients create category plans and strategies that align with business objectives, financial goals and optimize long term planning. We focus on:
- Spend Visibility
- Cost Savings
- Category Insights & Strategies
- Resilience & Risk Management
Procurement Transformation
We help our clients optimize the entire procurement cycle to maximize efficiency and value while minimizing 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 organizations 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 organizations of all sizes and across industries in the assessment, design, and implementation of leading vendor/third party management programs across the vendor lifecycle:
- Visibility of Risk Exposure
- Segmented/Tiered Supplier Listing
- Active Supplier Oversight & Monitoring
- Regulatory Compliance
Key Partners
Through our alliance partnerships, we connect innovative services and technology with consulting expertise to optimize business performance.
Through our alliance partnerships, we connect innovative services and technology with consulting expertise to optimize business performance.
Leadership
Chris is a Managing Director and one of the leaders of the Global Supply Chain Solutions practice at Protiviti. He has over 18 years’ experience in supply chain, both within industry and serving clients as a consultant. He has a proven track record of analyzing, ...
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PODCAST
Podcast | The Promise of Blockchain in Supply Chain Management
Protiviti helps global energy conglomerate complete a complex integration of an E&P target
Global Multimedia Organization Transforms Sourcing and Procurement Function and Saves Millions
A national retailer takes on inventory shrink to improve margins
Global manufacturer of technology products revamps SIOP and warehouse operations to sustain growth
Procure-to-pay transformation at offshore drilling company delivers savings of over $30 million
Aerospace firm embraces holistic inventory transformation, saves millions
