Marcus Kleinfeld
Partner & Managing Director, Munich
External purchases—third-party spend for raw materials, goods, and services—typically makes up anywhere between 40-80% of a company’s cost structure. Effective management of this external spend along with efficient purchasing practices can help achieve year-over-year profit improvements equivalent to revenue efforts on major product lines. Strong purchasing capabilities are a vital contributor to both shareholder value and competitive differentiation.
After nearly three decades of expansion, the forces of globalization—which have helped fuel economic growth through greater trade, exchange, and openness—are in retreat. Barriers are going up, and global trade declining. Protectionism is on the rise. And while it is too soon to quantify the extent and duration of the disruption resulting from the crisis in Ukraine, it is already clear that the ripple effects will be immense and long-lasting.
Ongoing supply chain challenges spell the growing need for resiliency and sustainability. Read insights on how business leaders are reinventing their organizations amidst ongoing disruption.
LEARN MOREAfter nearly three decades of expansion, the forces of globalization—which have helped fuel economic growth through greater trade, exchange, and openness—are in retreat. Barriers are going up, and global trade declining. Protectionism is on the rise. And while it is too soon to quantify the extent and duration of the disruption resulting from the crisis in Ukraine, it is already clear that the ripple effects will be immense and long-lasting.
Ongoing supply chain challenges spell the growing need for resiliency and sustainability. Read insights on how business leaders are reinventing their organizations amidst ongoing disruption.
LEARN MOREExternal purchases—third-party spend for raw materials, goods, and services—typically makes up anywhere between 40-80% of a company’s cost structure. Effective management of this external spend along with efficient purchasing practices can help achieve year-over-year profit improvements equivalent to revenue efforts on major product lines. Strong purchasing capabilities are a vital contributor to both shareholder value and competitive differentiation.
After nearly three decades of expansion, the forces of globalization—which have helped fuel economic growth through greater trade, exchange, and openness—are in retreat. Barriers are going up, and global trade declining. Protectionism is on the rise. And while it is too soon to quantify the extent and duration of the disruption resulting from the crisis in Ukraine, it is already clear that the ripple effects will be immense and long-lasting.
Ongoing supply chain challenges spell the growing need for resiliency and sustainability. Read insights on how business leaders are reinventing their organizations amidst ongoing disruption.
LEARN MOREAfter nearly three decades of expansion, the forces of globalization—which have helped fuel economic growth through greater trade, exchange, and openness—are in retreat. Barriers are going up, and global trade declining. Protectionism is on the rise. And while it is too soon to quantify the extent and duration of the disruption resulting from the crisis in Ukraine, it is already clear that the ripple effects will be immense and long-lasting.
Ongoing supply chain challenges spell the growing need for resiliency and sustainability. Read insights on how business leaders are reinventing their organizations amidst ongoing disruption.
LEARN MORE