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Master of your Masterdata
Although not the most obvious driver for savings, Masterdata plays a big role.
Some find out the hard way when integrating objects like MRP, Catalogues, PO's Invoicing with suppliers.
Setup a meeting/call to find out more.
Start using eAuctions today!
eAuctions increase savings; no doubt about it. But they are not "one-size-fits-all".
How do you select the right auction method for your event?
Read more about eAuctions.
Introduce EPD - Early Payment Discounts
Early Payment Discounts (EPD) are common practice in many countries including Germany and the US.
At least part of your supplier base will grant you a discount for early payments.
Schedule a meeting to learn how much you can save by introducing EPD.
Leaders excel at managing Risk
Do you have a full and realtime view on Risk for all your commodities?
Do you outperform the market?
What tools do you use to report and manage risk?
Tracking from origin to end-customer. Managing quality throughout the supply chain.
Challenges a commodity buyer faces every day.
Modern technologies such as IoT and Big Data are changing this space rapidly.
Save >10% more with eAuctions
eAuctions are the preferred negotiation model for large corporates.
Modern SaaS solutions make it a viable option for organizations of all sizes.
Savings are on average 8-10% higher.
The value of Supplier Networks
Use of Supplier Networks (SN's) is gaining popularity fast.
Leading eProcurement software vendors have integrated SN's into their suites. Great functionality but often with a complex- and volume based pricing model.
Contact us to learn more about SN's.
Onboarding = Happy Supplier
Successful eAuctions share one common feature: actively bidding suppliers.
Supplier DNA seems to include a fundamental dislike of eAuctions.
Experience shows that with proper supplier onboarding it is easily overcome.
Punch-Out apples =
The percentage of Requisitions raised through PO Catalogues is increasing. It demonstrates the benefits of a common(ly accepted) classification system.
Poor Masterdata management can drive the cost of managing supplier integration through the roof.
Spot buying emerges from the dark ages
Modern Source-2-Pay suites offer improved options to increase efficiency and results of spot buying indirect goods and services.
Direct access to platforms like eBay and Alibaba, amongst others are opening new avenues to drive savings.
SaaS: best practice out of the box?
How unique are the processes to manage indirect spend to a company; or how unique should they be?
Many companies are finding out that adopting standard processes setup in SaaS solutions offers quick benefits.
We share news and invitations for events via our LinkedIN group.
It is also the place to look for job openings and interim assignments.
Extend your procurement network
Our Roundtable events combine procurement best practice with good food and networking.
Attendance is limited to 6-8 people. Sessions are planned during breakfast and lunch.
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