5 Best Supply Chain Consulting Firms of 2021

What is a supply chain consulting firm? Is it the same with a procurement consulting firm but with a different fancy name? Or is it an entirely different company that only deals specifically with the supply chain?

Whatever the answer is, it’s baffled many procurement managers so for this article, we are going to talk deeper about what a supply chain consulting firm is and then maybe take a look at the best supply chain consulting firms that exist today.

After you’re done reading this article, you won’t be confused about dealing with supply chain consulting firms again.

The Supply Chain Consulting Firm Defined

If we’re going to talk about supply chain consulting firms, then we need to define what a supply chain is.

To put it promptly, the supply chain is a company or organization’s source of supplies. It is called a supply chain because the source doesn’t have to come from one vendor only; it could be a whole network of vendors with whom the company has already made deals with. Sometimes, these vendors have an obligation to supply the organization with skills or products because they are under a contract. The supply chain is an integral part of the procurement process because where else are you going to get your supplies if the company needs them?

Since we’ve already established what the supply chain is, it’s now easy to distinguish what a supply chain consulting firm is. These companies are the lifeblood of an organization that needs a steady source of supplies. If the company can’t find a source of the skill or material needed, it is up to the supply chain consulting firm to find out where they can get the supplies needed.

Sounds simple enough, right? If you need more information on the supply chain, we have another article on this website that talks about the entire process.

Editor's note:

The Negotiation Game Changer Certificate Program teaches you:

  • the skills needed to drive better, fact-based decisions that ultimately benefit both organizations and its employees.
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The 5 Best Supply Chain Consulting Firms

We’ve already defined what a supply chain is and what a supply chain consulting firm is too. Now it’s time to talk about the best supply chain consulting firms that exist today. The reason for this is that as a procurement manager, it’s your job to know which consulting firm can help you.

If you didn’t know that beforehand, then you should consider enrolling in our Negotiation Gamechanger course so that you’ll get more valuable knowledge, like the one just recently explained.

If your company or organization has the budget, you can definitely approach any of the following supply chain consulting firms for help:

1. Maine Pointe

A global supply chain and operations consulting firm, Maine Pointe is trusted by many CEOs and private equity firms to drive compelling economic returns to their companies. The company is known for hitting its target through delivering accelerated, sustainable improvements in both EBITDA and cash in their logistics, procurement, and operations for enabling growth.

How can the company help procurement managers?

  • Accelerated, sustainable improvements
  • Measurable bottom-line results
  • Projects are underwritten by our unique 100% Engagement Fee Guarantee = low risk
  • Cost reduction
  • Improved throughput, time to market, and enhanced customer experience
  • Synchronized buy-make-move-fulfill supply chain optimized to anticipate customer demand patterns through Total Value Optimization

2. Bain and Company

A known procurement and global supply chain consultancy firm, Bain and Company have been one of the industry leaders in supply chain and procurement consulting for years. They work with top executives in helping to make better decisions and deliver sustainable success that is needed by the organization.

How can the company help procurement managers?

With years of experience in working with Global 500 companies, thousands of regional and local organizations, and hundreds of nonprofit organizations, Bain and Company deliver advice towards global leaders in terms of strategy, marketing, organization, operations, technology, and mergers and acquisitions.

3. Boston Consulting Group

A global management consulting firm and the world’s leading advisor on business strategy, the Boston Consulting Group partners with clients from the private, public, and non-profit sectors to identify their highest-value opportunities. They do this while also addressing their most critical challenges and while transforming known enterprises.

How can the company help procurement managers?

Founded in 1963, the Boston Consulting Group has helped hundreds of companies when it comes to global supply chain and procurement issues. The company does so by:

  • Creating competitive advantage through unique solutions
  • Building capabilities and mobilizing organizations 
  • Driving sustainable impact 
  • Providing unparalleled opportunities for personal growth 
  • Succeeding together with passion and trust

4. Deloitte

Of course, who couldn’t forget Deloitte? A brand name under tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide consulting, financial advisory, audit, and risk management, Deloitte is a well-known leader in the global supply chain consulting firm. 

While they mostly deal with financial advisory, tax, and related services, the company’s ability to find solutions in almost any financial auditing issue is an asset when it comes to finding solutions to global supply chain issues.

How can the company help procurement managers?

Each DTTL member firm is structured in accordance with national laws, regulations, customary practice, and other factors, and may secure the provision of professional services in its territory through subsidiaries, affiliates, and other related entities. 

That means you and your organization are assured that if you do get their services, they will do their job properly.

5. EY

Another premiere global supply chain consulting firm, EY is committed to building a better working world through increased trust, sustainable growth, development of talent in all forms, and building confidence in the business.

For years, the company has helped hundreds of companies with global supply chain management, procurement consulting, and other related services. 

How can the company help procurement managers?

The company is committed to building a better working world through its own actions. Therefore, they do so by engaging with organizations that have the same mindset as them. The company also has a strong sense of obligation to serve a number of different stakeholders who count on EY to deliver quality and excellence in what they do.

FAQs

What is supply chain consulting?

Supply chain consulting means advising companies on matters that impact or affect the supply chain of an organization.

How to do supply chain consulting?

You can only do supply chain consulting by establishing a consultancy firm that aims on helping companies with their supply chain

How can I become a supply chain consultant?

You can either build a consultancy group on your own or get employed by any supply chain consultancy firm.

 

Gain the advantage over supply chain and procurement consultancy firms!

Enroll now in our Negotiation Gamechanger course and you’ll be solving supply chain issues in your organization like a pro. Beat the consultancy firms and become the only help that your company will ever need! 

Talk to us at www.procurementtactics.com for more information about this special course!

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