For most firms, procurement is now global, complex and expensive to run – often with broken processes on legacy systems. Taking control and moving towards an integrated procurement function that acts with intelligence and insight can generate huge value. But this can be a daunting prospect. KPMG Powered Procurement can help unlock the transformation of your procurement function. Reaching beyond cost efficiencies, it creates a more agile operation, using cloud technology, automation, predictive analytics and cognitive learning.
Faced with empowered customers, emerging technologies, cyber threats, severe periodic disruption and a battle for skills, CPOs face important questions:
We’ve worked with procurement teams around the world to deliver Powered Procurement to help drive transformation to create a more agile operation and save costs. Powered Procurement does this by providing proven operating models based on our know-how, leading practices and a set of pre-defined assets built on top of leading third-party technology solutions.
This creates a platform for procurement designed to enhance performance and optimize cost and risk, which could include:
KPMG Powered Enterprise | Procurement is enabled by market leading platforms, including Coupa, Ivalua, and SAP.
The procurement function must develop new capabilities to stay in front of change.