Procurement
A trusted partner in strategy and transformation Procurement
We support our customers in integrating data and innovative technologies such as generative AI as performance levers, and in adopting sustainable Procurement practices to build desirable futures.
We combine our expertise with specific know-how Procurement in a wide range of sectors (Industry, Energy, CPG, Luxury Goods, Retail, Financial Services).
Our expertise
Procurement
STRATEGY PROCUREMENT
- Definition of Procurement & supplier policies in line with corporate objectives
- Organization and governance Procurement : setting up efficient Procurement structures
- Outsourced management of Procurement : optimizing performance Procurement through shared and outsourced services
- Category Management: deployment of Category Management Programs
- Supplier Innovation & Collaboration: supplier co-innovation initiatives, collective intelligence at the heart of supplier relations
- Risk management Procurement & suppliers: Third-Party & Supplier Risk Management, predictive management models
- Policies & Strategies Procurement sustainable and positive impact: transformation trajectory Procurement Responsible (Climate, Biodiversity, Circular Economy,...)
- Decarbonation strategy and trajectory Procurement : reducing Scope 3 carbon emissions Eco-design & Product lifecycle analysis
- Accompanying Procurement towards the CSRD & CSDD corporate trajectory
- Support in obtaining the "Responsible Supplier Relations" label Procurement
PROCUREMENT RESPONSIBLE
STRATEGIC SOURCING
- Strategic Sourcing & Value Creation Models
- M&A value creation: due-diligence, integration projects & carve-outs
- Procurement responsible and local strategies: Procurement & "Made in France" relocation
- Data & digital transformation roadmap
- Data Management, Process automation & Generative AI
- Customer-centricity & UX-design
- Framework, business and solution expertise, selection assistance and end-to-end support
DIGITAL PROCUREMENT
Our approach
In 2024, multinationals are focusing primarily on securing supply and managing supply chain risks, controlling inflation-related costs, new supplier sourcing needs while ensuring sustainable and socially responsible value creation, and leveraging new data and digital technologies.
At iQo, we are distinguished by our commitment to positive impact and sustainability. Our innovative approach, backed by in-depth expertise and a strong data orientation, enables us to offer solutions tailored to the specific needs of each organization.
Success stories
Redefine sourcing strategy and supplier value chain
Our mission
We worked with our customer on a strategic diversification and value chain reconfiguration project. In addition to strategic sourcing, we built the target procurement model and supported the teams during the transition.
Our approach
- Understand the supplier versus target value chain model by conducting a benchmark and several calls for tender, analyze TCO as-is versus target performance.
- Build the target operating model, support teams and suppliers in the transition (Product Development, Procurement, Supply Chain)
Our added value
Expertise in subcontractor qualification, in securing the sourcing strategy for tier 1 and tier 2 suppliers and in transforming the operating model Procurement &. supply chain
Securing risks on Procurement category C ("Tail Spend")
Our mission
A compliance issue for this customer, who had been heavily sanctioned by the DGCCRF for late supplier payments. Our teams were called in to analyze the situation at Procurement de catégorie-C "tail spend" and implement concrete solutions.
Our approach
- Analyze Source to Pay process performance with Finance, Procurement and business teams (Marketing, IT, etc.).
- Understanding needs and characterizing the supplier market
- Benchmark innovative solutions to optimize organization, processes and tools (BPO, Marketplace Solutions, etc.)
Our added value
Contribution of benchmarks and best practices from peer groups on organizational aspects (BPO expertise and solutions) and digital aspects (monitoring and knowledge of innovative solutions for the S2P process).
Building the decarbonization path Procurement "Scope 3
Our mission
We helped our customer, an industry leader, build its decarbonization strategy Procurement for its logistics and transport sites.
Our approach
- Identify the scope 3 decarbonization levers for logistics services and Procurement .
- Define carbon strategy and set up supplier management impact indicators
Our added value
- The firm's expertise in impact strategy and recent feedback on low-carbon strategies and the implementation of a decarbonization trajectory
Managing organizational transformation Procurement
Our mission
Our customer, a leader inEnergyhas spun off part of its activities and wants to improve its Procurement coverage and the Procurement career path of its operational staff. We worked with our client to build the Target Operating Model Procurement and lead the transformation.
Our approach
- Prepare the decision file for the creation of a function Procurement
- Map target Procurement processes
- Define target organizational model Procurement and Procurement
- Develop deployment and change management plans
Our added value
In-depth knowledge of best practices in organizations Procurement Experience in organization and outsourcing implementation Procurement
Successfully integrating a chain and negotiating with suppliers
Our mission
Our customer, a leader in the retail sector, has just completed a large-scale integration of several hundred points of sale. We assisted them in securing synergies in terms of supply and Procurement.
Our approach
- Secure leverage-based earnings assumptions Procurement
- Investigate complementary target synergies, particularly in the private label segment
- Modeling growth and reversion scenarios
- Prepare joint supplier negotiations
Our added value
- A team of CPG & Retail professionals
- Knowledge of supplier negotiation and performance models Procurement in the retail sector
Our recent publications
Procurement responsible: how to take biodiversity into account?
Directorates Procurement, increasingly aware of biodiversity issues, are actively integrating these principles into theirProcurement responsible strategy. Find out how Procurement, at the heart
How can Contract Management support the DORA regulation?
DORA (Digital Operations Resilience Act) is the regulation on digital operational resilience. DORA aims to reinforce the stability of the European financial system. Despite ongoing discussions on
Caroline BILLOTTE - new iQo partner in charge of the offering Procurement
Paris, April 23, 2024 iQo is proud to announce the arrival of Caroline BILLOTTE, as a partner in the Performance, Finance & Turnover (PF&T) division, to develop the support offer for
How can you better manage contractual risks?
Knowing how to manage contractual risks means knowing how to anticipate and avoid financial losses due to a buyer who fails to honor a contract, or to a company that does not manage its contracts properly.
How can iQo support you?
iQo is a new player in the consulting sector, whose mission is to "unleash collective genius to co-construct desirable futures".
- Our firm offers a unique approach to co-construction with our customers.
- We advocate the hybridization of skills and know-how
- We offer you small, agile teams that are sincerely committed to working alongside you, as an extension of your teams.
- We are "makers" and offer concrete, results-oriented solutions tailored to your specific
needs. - We're committed: iQo is an ISO 14001 and B Corp certified company with a mission.
