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Rapidly evolving technologies and the emergence of new business models have contributed to the sudden expansion in cost-reduction and growth opportunities associated with sourcing and procurement.
Most businesses, however, are unsure about how to transform their procurement organizations to constantly reduce costs while maximizing value from supplier relationships.
As one of the world's leading providers of procurement consulting and outsourcing services, Accenture helps its clients reduce costs, enhance shareholder value and achieve high performance by cutting operating expenses, improving capital allocations and generating new revenue streams. We leverage our relationships with companies like Ariba, Emptoris, Oracle and SAP to provide clients with a technology-based edge. These capabilities, combined with our world-class methodologies and tools, frequently produce savings of 5 percent to 15 percent of the addressed spend. And savings generally happen quickly, freeing capital to make additional procurement initiatives self-financing.
Learn more about Sourcing and Procurement
Accenture helps clients overcome business and technology challenges with an experienced global sourcing and procurement network.
We apply a unique blend of skills—in product design, materials management, fulfillment, human performance, business transformation and business process outsourcing—to reduce our clients' total procurement cost. Our experience and willingness to enter innovative gain-sharing relationships help turn procurement into a competitive advantage.
Accenture tracks and analyzes benchmarks and researches the characteristics of procurement mastery to ensure our solutions are current and effective.
Accenture is committed to shape and implement the right solution for each client issue, helping improve direct procurement through tighter integration with product life cycle management. We also help clients drive and sustain value in the post-contract phase though effective supplier relationship management.
On the global sourcing side, we help establish an optimal global supply base to lower the total cost of ownership of procured goods and services. Our integrated approach further differentiates Accenture: We help clients address a range of issues to enable successful global sourcing, including how to mitigate associated risks, qualify and select suppliers, integrate suppliers into the supply chain and manage global inbound fulfillment.
Our highly specialized Accenture Procurement Business Process Outsourcing Services, has the experience to capture even more savings—often 10 percent to 15 percent of the Indirect spend.
Procurement Transformation: To optimize the procurement organization, Accenture helps companies to address all sources of value creation: people, sourcing, processes and technology.
Indirect Materials & Services – Closed Loop Spend Management: Visibility, category ownership, demand management, strategic sourcing, integration with budgets, procure to pay operations and control& monitoring drive best in class SG&A performance.
Direct Materials – Supply Management: The upstream supply chain is an increasingly critical contributor to better business performance through product cost mgmt, global sourcing & logistics, SRM and risk management.
Supplier Relationship Management: Accenture defines this as the systematic management of supplier relationships to optimize the value delivered through the relationship over their life cycle.
Workforce Transformation: The procurement workforce today requires a mix of skills in the right geographies to optimize the organization’s performance.
Technology Enablement: Technology needs to provide a talented workforce the information to make the right decision in an efficient manner.
Accenture Procurement BPO & Managed Services: A complete source-to-pay offer focused on driving real business outcomes by leveraging the outsourcing concept to reduce costs and improve performance, like compliance.
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