Sourcing and Category Management

Optimize spend and boost profitability with strategic sourcing and category management

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Dropbox cuts its procurement cycle by 50% and counting with Genpact and Ser.viceNow. Read the case study

Drive out procurement and sourcing inefficiencies and instill value and savings

In the face of continuing economic challenges, many companies are taking a more strategic approach to sourcing and category management to free up cash flow and maximize budgets. Genpact's comprehensive category management and strategic sourcing services help companies improve profitability, increase spend under management, and reduce operating costs.

Full and up-to-date spend transparency to increase the use of preferred suppliers and improve supplier negotiations.

A global food and beverage brand saw

98%

spend visibility with standardized processes and optimized technology

Strengthen supplier relationships, optimize inventory, and boost speed to market while maintaining reliable material supply.

A global energy company achieved a

10%

reduction in procurement lead time with enhanced technology

Cut procurement costs with enhanced supplier negotiations, volume discounts, and optimized processes.

A manufacturer gained annual savings of up to

$300mn

in direct material costs through strategic sourcing

A holistic approach to spend management

Our category management and sourcing services span:

Category planning to identify savings projects
Strategic sourcing aligned with business goals
Spend compliance management to use preferred suppliers for optimal savings
Supplier performance management to minimize risk
Contract management to centralize oversight of contracts and metrics
Continuous improvement through supplier collaboration to identify cost-saving opportunities

Tighter compliance and year-on-year cost savings

We partnered with a multinational conglomerate to manage end-to-end procurement, from category management and strategic sourcing to tactical operations. We consolidated the supply base, leveraged global spend, and implemented spend compliance controls, reducing operating costs. With full ownership of eight indirect categories across eight business units in 130 countries, we handled tactical activities and achieved significant savings, exceeding targets.