Opportunity Assessment
Aiming for Smarter Spend? We’ll Show You How.
Decoding sourcing dilemmas
An advanced analysis of historic spend data is the backbone of any Strategic Sourcing
solution. Apart from spend analysis,
GEP (Global eProcure) conducts a thorough review of existing sourcing
processes to present an ‘As is to Ideal’ road map. This is made possible through
relevant inputs from stakeholders. Procurement teams, higher management and suppliers
are actively engaged to draw a detailed long term savings roadmap. This is generally
followed by identification of categories, with potential savings and a supply market
analysis.
Opportunity Identification: Process flow
- Analysis of category data by supplier, business unit, sub-categories, diversity
spend, number of purchase orders
- Identify synergies between different BUs/companies and opportunity for supplier
rationalization
- Identify, quantify and prioritize the opportunities, based on potential savings, category
complexity, ease of implementation and other change management factors
- Develop a
procurement transformation and sourcing roadmap, resource estimation, timelines
for sourcing execution and savings cash flow
GEP has sourced over $50 billion in various categories for several Fortune 500 clients.
Find out more on our Category Sourcing
and Management expertise.
Related links:
Category Sourcing
& Expertise,
Implementation & Saving Realization