KPMG Content

KPMG’s Exploration of Procurement in 2025: Focus on This, Not That!

Resource alignment is a rather simple question compared with the broader question (and opportunity) concerning where procurement, overall, should be spending its time. This sentiment is echoed in KPMG’s analysis, FUTUREBUY: The Future of Procurement – 25 in 25, when the authors observe that procurement executives almost universally agree about the “concept of channeling procurement efforts” appropriate.

KPMG’s Exploration of Procurement in 2025: “Matchmaker, Matchmaker, Make Me a Match”

Consider this: “Relationship brokers are able to connect people in different organizations, based on an understanding of their mutual and intersecting needs, that can create opportunities that weren’t there before. An emerging capability for procurement is the need to develop both outward and inward facing relationships.” Bingo. Yet the problem today is that the right players are not necessarily on the procurement bus to make the journey.

KPMG’s Exploration of Procurement in 2025: The Purchasing “Financial Analyst”

I’ve spent a good amount of time reading and rereading the KPMG paper, FUTUREBUY: The Future of Procurement – 25 in 25, an analysis of where the procurement marketplace is headed. Based on interviews with 25 procurement executives, the paper offers a look at the future of the function and the type of individuals that will thrive in it. One prediction in the paper is the rising role of procurement as “financial analyst” in the future. This is an observation with which I could not agree more.

Tax Optimization Meets Supply Chain and Procurement

KPMG frames the topic in their analysis by noting that “most multinational manufacturers are currently struggling to ‘triangulate’ their supply chain to achieve end-to-end visibility among customers, suppliers, partners and intragroup entities. This is not just about improving ERP systems or other ICT elements; it also requires organizations to carefully plan and monitor the division of roles, risks and tangible and intangible assets amongst the group.”