Procurement’s sustainable (r)evolution

Warranty and goodwill costs at automotive OEMs have climbed more than 40 percent in recent years, now representing as much as two to three percent of total sales for many manufacturers. With billions of dollars at stake each year, these costs have become a strategic priority. In ...  Show more

A quarter of America’s $3 trillion in annual manufactured imports face multiple trade dependencies, related to national security, geopolitically distant trading partners, or concentrated suppliers. Addressing these vulnerabilities by ramping up domestic production and upstream su ...  Show more

Procurement can play a crucial role in driving a company's transformation, and leaders are now recognizing its potential to be a strategic enabler of change. In this episode of Inside the Strategy Room, we explore the key findings from our recent McKinsey.com article titled “Aim ...  Show more

How are procurement and IT leaders addressing the growing challenges of cybersecurity in 2024?In this episode, Scott W. Luton is joined by Richard McVay, Senior Director and IT Telecom Subject Matter Expert at OMNIA Partners, to dive into the increasingly complex world of procure ...  Show more

Never has such a bright spotlight been shone on the supply chain as a vital strategic component of business success. The industry is undergoing significant transformation across several key areas, from digitalization to sustainability and building resiliency.Sitting down with Joh ...  Show more

As geopolitical tensions persist, global trade dynamics are becoming increasingly complex—and many leaders find themselves on tenterhooks. On this episode of The McKinsey Podcast, Cindy Levy and Shubham Singhal, two global coleaders of McKinsey’s geopolitics work, join Global Edi ...  Show more