McKinsey is the world’s most recognized strategy consultancy, but many don’t know that it’s one of the largest procurement consultancies, and perhaps the most formidable. It claims over 4,000 engagements since 2014 (and $30 trillion sourced) and also that it serves roughly 1,000 clients annually in procurement. McKinsey helps clients formulate and align business strategy and procurement strategy, but also unlock value through deeper integration in operations, digital and innovation.
But where does McKinsey differentiate from other services firms focused on digital procurement transformation, and how can potential clients get up to speed on the full range of partners they should consider when launching a project?
Spend Matters recently carried out extensive research into the status of the current procurement services providers’ market and published a Procurement Services Market Landscape report and a procurement services Buyers Directory to assist organizations in the evaluation and selection of best-fit services providers for their project requirements. The directory profiles 35 of the leading procurement management consultancies, procurement technology implementation specialists and procurement managed services providers, and provides a one-page overview on each to give quick and easy access to the provider’s expertise. Here’s a sneak peek:
Over the coming weeks we’ll be highlighting a provider a day, today it’s McKinsey. (PRO subscription required).
