Global research and advisory giants Deloitte and DPW has announced a partnership to bring procurement innovation to organisations.

Deloitte and DPW has announced a partnership to bring procurement innovation to organisations.

Under the terms of this strategic alliance, DPW LABS, the consulting arm of DPW, and Deloitte will work together to refine the boundaries of innovation in procurement.

From problem and strategy definition to proof of concept and deployment, through the DPW LABS innovation capabilities and digital ecosystem and Deloitte’s global transformation capabilities, the move allows for impact to be delivered at scale.

Deloitte is a global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services.

The firm, which is a member of the Big Four in professional services, currently has about 330,000 employees in more than 150 countries and territories. 

Founded in 2019, DPW stands as a global leader in procurement innovation. DPW LABS empowers organisations to identify and seize collaborative innovation opportunities with DPW’s line-up of pioneering startups, scale-ups, and tech innovation experts.

Herman Knevel, co-founder and co-CEO at DPW, said: “We are excited about this strategic partnership with Deloitte.

“This partnership will enable us to join forces and make tech work, expand and complement our impact at global scale.” 

Michiel Junge, partner of sourcing and procurement at Deloitte, added: “We are united in our mission to make procurement awesome.

“The partnership with DPW will enable our clients to tap into DPW’s capabilities and ecosystem and define their procurement future.”

The move comes after DPW welcomed over 1,250 procurement professionals to Amsterdam for its annual conference.

DPW Amsterdam has quickly made its name as a hub of innovation and collaboration. It is one of the biggest and most influential tech events in procurement and supply chain.