Now more than ever , procurement and supply chains are under the microscope and gaining considerable air time – both in the media and round the boardroom table .

Following the trend set by the last two years , disruptions in the industry will continue to come from multiple directions , including not just the traditionally expected and prepared-for challenges – such as cost savings , commercial excellence and overall spend management – but also inflation , talent gaps , sustainability , and materials shortages , too .

It ’ s times like these that an organisation may turn to a consultant to help them navigate such murky waters .

At a macro level , procurement consultants can fall into one of two categories : ‘ broad procurement transformation ’ or ‘ deep subject matter experts ’.

Vijay Yalamanchili , Global Procurement Transformation Solution Leader at EY , explains : “ Similar to the role of primary care physicians in medicine , broad procurement transformation consultants have the responsibility and acumen to effectively diagnose all challenges in procurement . These consultants understand both the

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Procurement Magazine May 2022 | Page 61

Procurement Magazine speaks to Hackett Group ’ s Nicholas Walden & Bob Derocher ; EY ’ s Vijay Yalamanchili ; and Gartner ’ s Michael Dominy to answer this question

Procurement Magazine speaks to Hackett Group ’ s Nicholas Walden & Bob Derocher ; EY ’ s Vijay Yalamanchili ; and Gartner ’ s Michael Dominy to answer this question

Now more than ever , procurement and supply chains are under the microscope and gaining considerable air time – both in the media and round the boardroom table .