Opportunity Assessment

In-Depth Spend Analysis

Unlock opportunities. Boost savings.

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An advanced analysis of historic spend data is the backbone of any strategic sourcing solution. Apart from spend analysis, GEP 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 all the business stakeholders.

Procurement teams, higher management and suppliers are actively engaged to draw a detailed long-term savings road map. This is generally followed by identification of categories, with a potential savings and supply market analysis.

Comprehensive Opportunity Assessment

GEP’s procurement specialists deliver programs configured to your unique needs.

How Much Can You Save On Your Spend?

GEP’s sourcing experts will:

  • Identify and size the potential opportunity
  • Develop a realistic implementation plan
  • Achieve targeted savings objectives rapidly
  • Deliver, track and report impact in real dollars

Years of hands-on experience translate into comprehensive services, including:

  • Analysis of category data by supplier, business unit, sub-categories, diversity spend, number of purchase orders
  • Identification of synergies between different BUs/companies and opportunity for supplier rationalization
  • Identification, quantification and prioritization of opportunities, based on potential savings, category complexity, ease of implementation and other change management factors
  • Development of a sourcing and procurement transformation road map, resource estimation, timelines for sourcing execution and savings cash flow

 

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