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Bob Sternfels

MCKINSEY

REVENUE : US $ 13bn CEO : BOB STERNFELS

Founded in 1926 , McKinsey is an American multinational strategy and management consulting firm that helps its procurement clients unlock the full potential of the function through product and service design and transformation .

McKinsey operates across six core areas to transform procurement : guiding the creation of exciting product and service portfolios ; increase profitability through life-cycle optimisation ; improve agility and effectiveness ; optimise spend categories ; drive productivity and innovation with suppliers ; and maximise procurement impact through agile digital operating model .

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