Uncovering hidden opportunities and increase resilience in production spend

Event details

Manufacturers often face cost and supplier risk hidden in pockets throughout the production process: across indirect categories, low-volume critical parts, and fragmented supplier bases. Yet in today’s environment, where supply chain disruptions can erode up to ~45% of one year’s EBITDA over a decade (McKinsey Global Institute), these blind spots are becoming increasingly consequential.

Voices on Procurement Analytics: In this session we bring together industry perspectives where advanced analytics, and GenAI-enabled insights helped manufacturers gain clarity across complex spend landscapes. We will share how organizations are developing an “X-ray” capability to surface hidden cost drivers, anticipate supplier risk, and strengthen resilience in a more volatile world.

Summary

Watch this on-demand session to explore how procurement leaders are moving from reactive cost management to proactive, insight-driven decision making, unlocking value that is often missed by traditional approaches.

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Speakers

Victor Parmar

Head of Product
McKinsey & Company

Nadia Nafal

Spend Analytics Advisor
McKinsey & Company

Kamil Piaseczny

Spend Analytics Advisor
McKinsey & Company