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Procurement

World-class procurement organizations can reduce a company's purchasing cost base by an average of 8%–12% and deliver additional annual savings of 2%–3%. Bain works closely with your team to identify and realize savings across all spend categories and procurement levers. Along the journey, we build your organizational capabilities to sustain procurement gains over the long term.

Procurement

Why Bain

Why Bain

  • We have collaborated with companies on more than 1,000 procurement projects across a broad range of industries.
  • Bain’s Buy Better + Spend Better® approach uses proprietary spend and savings benchmarks, category expertise spend drivers, and robust analytics.
  • Bain provides training, tools/systems and category playbooks to ensure success long after Bain's engagement has ended.

 

World Procurement Congress 2019

Bain & Company procurement experts will be attending the World Procurement Congress, taking place in London on May 15/16. If you are attending the event, make sure to stop by Booth 4 to meet our team. Or follow @BainAlerts to learn more about sustainability of procurement savings.

Results You Can Expect

Results You Can Expect

Spend cube

A clear, complete picture of companywide procurement spend.

Savings diagnostic

Savings initiatives across all categories and a view of the capabilities required to achieve full potential.

Savings delivery

Full potential savings opportunities realized from all direct and indirect categories using all procurement levers.

Results sustainability

The right organizational structure, operational model and talent capabilities make results stick.

Client Results

Aerospace, Defense & Government Services

An Ambitious Supply Chain Strategy Takes AircraftCo to New Heights

A global aircraft manufacturer had secured new production contracts, but systemic issues throughout its supply chain threatened to keep it from meeting its new (or even current) customer orders. Bain suggested a new organization structure, category management approach, and contracting strategy, which helped the company improve its strategic decision making, reduce the number of suppliers, increase the number of long-term vendor contracts, and reduce buying-unit headcount. These actions trimmed more than 7% off its overall procurement costs. Equally important, the company was well-positioned to meet production demands.

jul. 3, 2019

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Our Team

Klaus Neuhaus Partner Dusseldorf

Borja Tramazaygues Partner Madrid

Gerry Mattios Expert Vice President Singapore

Hernan Saenz Partner Dallas

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Insights
Buy Better + Spend Better®
Digital Procurement: The Benefits Go Far Beyond Efficiency
The economic and strategic benefits of digitizing procurement are real, but the proliferation of competing technologies has made it difficult for companies to figure out where to start.
Supply Chain Mgmt. Review
Buy Better + Spend Better®
How Digital Tools Are Transforming Procurement
Use a deep understanding of digital and the supply market to harness powerful insights.
Infographic
Buy Better + Spend Better®
Digital Procurement: The Benefits Go Far Beyond Efficiency
Procurement teams can play a key role in shaping a company’s digital strategy.
Brief
Buy Better + Spend Better®
Unearthing the Hidden Treasure of Procurement
Companies that think differently about procurement strike a rich vein of savings.
Brief
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Buy Better + Spend Better® is a registered trademark of Bain & Company, Inc.
 

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