Case Study

A growing U.S. manufacturer discovers the value of an indirect sourcing function and builds a procurement department with Protiviti’s help

A growing U.S. manufacturer discovers the value of an indirect sourcing function and builds a procurement department with Protiviti’s help

Pages 3 Pages

Internal Audit, Risk, Business & Technology Consulting Keys to Success Change Requested Help a rapidly growing company create a procurement department to manage more than $600 million in indirect spending. Change Envisioned Build a sustainable sourcing process, identify and onboard procurement resources, and support transfer of the function to the client. Change Realized Established a procurement capability, secured nearly $13 million in annual savings, and identified additional $9 million in savings going forward. It’s not unusual for fast-growing companies — especially those evolving into a global enterprise — to overlook important but often out-of-sight processes that may end up hurting them later. Typically, the blind spot develops when companies are busy making acquisitio

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