Top 10 Consulting Firms: McKinsey & Company
Having featured in Supply Chain Digital’s Top 10 Consulting Firms, we take a closer look at McKinsey & Company's impact on the supply chain.
With over 90 years experience in management consulting, McKinsey offers expert advice to its clients to help transform operations. McKinsey aims to help create a lasting impact in global manufacturing and supply chain operations, and has listed six ways to help its clients in the supply chain.
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Use supply chain and manufacturing operations to create winning strategies
McKinsey empowers clients through the design and launch of operational strategies that will be long-lasting, while creating agility and a product portfolio that is appropriately optimised.
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Take a holistic approach to transformation to capture end-to-end value
The company shows clients how to create the next S-curve to uncover value that is hidden at the intersection of functions. McKiinsey leverages and utilises digital and analytics to rethink and innovate manufacturing and supply chain operations.
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Transform manufacturing processes for better productivity
McKinsey helps companies to increase productivity and the effectiveness of core processes, through offerings that cover everything from digital diagnostics to plant transformations, order management, asset productivity, predictive maintenance and lean warehousing.
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Boost operational health by identifying skill gaps and building capabilities
McKinsey collaborates with clients to build foundational enablers and develop skills through capability building to develop rapid and sustained impact.
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Foster a quality culture to create competitive advantage
The company helps clients to consistently meet and exceed customer expectations at every touchpoint through benchmarking, forming both quality and compliance strategies, as well as remediation services across the entire value chain and lifecycle.
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Leverage digital and autonomous supply chain opportunities
McKinsey helps clients to leverage the opportunities of supply chain 4.0 by incorporating IoT, robotics and analytics - which results in a system which enables organisations to react efficiently - as well as improving both company performance and customer satisfaction.
Watch our video on the Top 10 Consulting Firms below!
Sustainability drive
McKinsey has been carbon neutral since 2018. With a drive to reduce its greenhouse gas emissions while offsetting all remaining emissions. It has set targets to decreasing emissions in alignment with the Paris Agreement. Its ambitions include cutting direct emissions and those from purchased energy by 60% by 2030 and by 90% by 2050. While also a member of RE100, McKinsey is committed to acquiring 100% renewable energy by 2025.
Nearly half of McKinsey’s global office space has achieved green-building certification. The company aims for the highest standards for new offices and major renovations (LEED Gold or Platinum). Across over 90 of McKinsey’s offices, Green Teams that are headed up by passionate colleagues are driving over 230 environmental initiatives to decrease its footprint and create awareness about environmental sustainability.
Check out our Top 10 Consulting Firms in March’s magazine to see which other companies made the list!
For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital magazine.