Elite team, exclusive focus
Founded in 2002, Insight Sourcing Group is a consulting firm
that focuses exclusively on strategic sourcing and procurement. Led
by alumni of some of the world's top consulting firms, including
the likes of Accenture, Deloitte and McKinsey, ISG is privately
held and has been growing at a rapid clip ever since its
Around half of the firm's clients are in the Private Equity
industry, where ISG has developed something of a reputation for its
ability to improve valuations. The rest of the firm's clients
meanwhile, are less easy to categorize: they are comprised of
everything from mid-sized to large organizations (including Fortune
500 members), across a wide swathe of industries. Those industries
include everything from commercial services, retail and medical
supplies to manufacturing, financial services and aerospace.
What do they do?
ISG's website points out that, while its client base is
incredibly diverse, its "core skills are 'portable' across industry
lines, meaning that clients tend to have similar needs when
engaging the firm-the need to improve their sourcing and
procurement performance, whether by cutting costs, seeking guidance
in a new area, or building the expertise in the first place.
A typical project will see the firm involved in transforming a
company's cost optimization and procurement-related programs. ISG
works on such projects from development to execution, often on a
Insight's global reach is greatly expanded by a partnership with
Germany-based pricing, procurement and supply-chain experts
Kerkhoff Consulting. The tie-up allows Insight's clients to have
access to "low cost country-specific sourcing expertise throughout
the world for U.S.-based companies, and sourcing and procurement
services for the U.S. Operations of European-based companies.
Additionally, Kerkhoff's European clients gain access to ISG's
proprietary spend analysis program, SpendHQ.
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