Spend analysis case study pdf

Pdf a case study in smartphone usage and gratification in. Spend analysis study help players in the surgical instruments industry to regulate the current state of. Top content on case study and procurement as selected by the supply chain brief community. It can be as granular as a spend analyst desires e. By following the steps provided and starting with a select few of them, youll be. The companys base of operations spanned 44 locations across 24 states and canadian provinces. A spend analysis is a process for analysing the historical spend purchasing data of an organisation to provide answers to questions concerning spend visibility, compliance and control pandit and marmanis, 2008. Spend analysis providing complete transparency of nonpay spend in terms of spend, categories and suppliers. Pdf a case study in smartphone usage and gratification.

Aug 18, 2009 powerpoint presentation on claritums spend analysis capability. Pdf often the processes for purchasing commodities and services within a business. Case study situation a major pharmaceutical company needed to streamline its fragmented sourcetopay processes for a clear view of spend across different categories. Spend analysis transforming data into value, by christopher. Spend analysis as a service from source ones category. The market pricing analysis showed duraflex competing at the premium end of the market for. Tail spend management for a leading us telecom company challenges faced by client prior to outsourcing. The spend analysis also highlighted significant areas of spend not currently influenced by procurement. While finance and procurement technologies have vastly improved the quality of input data, advanced analytics requires more advanced data expertise and analytics technology than an offtheshelf, proprietary spend analysis solution can deliver, particularly if it is tied into a system primarily designed to manage the transactional process.

Spend analysis is the process of collecting spend data from all purchasing sources and systems, cleansing the data, categorizing the data and analyzing it for the purpose of understanding spending trends and identifying saving opportunities. Enron case study history, ethics and governance failures. By following the steps provided and starting with a. Everything you need to know about procurement spend analytics, from. It worked with an initial spend analytics provider but was deeply disappointed with the results and frustrated. Spend analysis is a straightforward concept but, in practice, the full benefits can. Public procurement practice spend analysis element 1. Pdf managing procurement spend using advanced compliance. In this paper, we discuss a software solution for spend compliance analytics that. Tail spend is known for its high number of subcategories, huge item counts, and a substantially high number of suppliers.

Procurement leaders worldwide look to gep for process, technology and industry expertise, and we are happy to share our learnings from years of complex problem solving. We work behind the scenes, helping our customers to shift paradigms and start revolutions. We use digital engineering to build superhuman capabilities. Further it was decided to agree on a more finite definition of addressable versus non addressable spend. A case study in smartphone usage and gratification in the age of narcissism article pdf available in international journal of technology and human interaction 2 april 2017 with 3,349 reads. Procurement lincolnshire in the united kingdom is a shared service partnership between eight local authorities in the east midlands. The second phase was to implement the savings using proven. The impact of financial analysis in maximizing the firms value a case study on the jordanian industrial companies international journal of managerial studies and research ijmsr page 3 viewed both at a single point in time and as an indication of broad trends and issues over time. The impact of financial analysis in maximizing the firms.

Spend analytics and contract management are the first steps in the development of the. The enterprise need for spend visibility aberdeen group. Return on advertising spend improved by 30% and, for some campaigns, clickthrough rates increased by up to 300% year over year. Strategic sourcing mro case study source one reduces mro. Costeffectiveness analysis of vaccination against pneumococcal pneumonia these modes of analysis costeffectiveness and costbenefit are neither good for nothing nor good for everything, andone cannot speak of them as wholly good or bad. The first step leveraging spend analytics to drive sourcing performance. Powerpoint presentation on claritums spend analysis capability. We have 6 pillars to help us propel forward with clarity. A practical guide to focusgroup research rosanna l. Cleanse your data, understand your purchase history, aggregate suppliers, classify spend, and create a strategic sourcing roadmap for greater savings and easiertomanage spend categories with source ones spend analysis service. Public sector, governance, and accountability series includes bibliographical references and index.

For international management, thunderbird university is the known leader. Spend analysis the complete guide to savings opportunities. How it works the supplier enrichment value in spend analysis. Pentair has selected sievo as their global solution because of their bestofbreed procurement analytics. At the same time, bounce rate on their website declined by 50%. Risk metrics and market data related to the supplier bases can be incorporated to provide additional levels of insight. It worked with an initial spendanalytics provider but was deeply disappointed with the. A day in the life rachel, the project manager of a large information systems project, arrives at her office early to get caught up with work before her co workers and project team arrive. A case study on how we helped a leading player in the non processed foods industry. Ellram 1996 the use of the case study method in logistics research. Spend analysis cips northumbria branch 21st october 2010 duncan olive commercial efficiency manager, nhs business services authority. The business case and roadmap development phase is the last phase in spend analysis.

Spend analysis case study reveals tungsten analytics as standout. The comprehensive analysis and baseline report objectively identified historical purchasing patterns and revealed possible sourcing strategies that could eventually be further explored. The sheer volume of ordered line items and a long list of suppliers can complicate spend analysis in spite of the low value of spend there are possibilities that business groups of the same firm are working in silos with. Case studies in contract and procurement management donald k. If one were to conduct a spend analysis case study they would invariably find that the traditional approach of capturing data long after the fact pales in comparison with tungsten networks forwardthinking approach. Panasonic improves return on advertising spend by 30% with.

Public expenditure analysis for citizencentered governance edited by anwar shah. Perhaps more than any other area, the goal of spend analysis is the increased visibility that provides the means for improving spend and supplier performance within a procurement organization. The office of the president, together with the university. Its what you do with it that matters september, 2015 2. Spend analysis and procurement strategy case study urbact. A case study demonstrating how a poorly functioning academic was helped to successfully re. Read how a multinational telecoms company uses for a unified view on spend across 18 erps spread across 3 continents. Get the pdf of lulls case study challenges to order fulfillment. Spend analysis 101 comprehensive guide for beginners sievo. Spend analysis reduces procurement costs for cayman islands. Case studies in contract and procurement management. Cips northumbria branch 21 october 2010 duncan olive. Top managers at a large publicly traded mining and minerals processing corporation were searching for ways to preserve profit margins in the face of general economic turmoil and rising supply costs. Oct 21, 2010 oct 2010 duncan olive cips spend analysis some points in summary spend analysis is invaluable to improvements within both demand and supply management spend analysis can be a significant investment time, skills, technology, human and financial resources scale investment based upon the return.

It is the first in a new series assessing organisations against acgs golden rules of corporate governance and applying our proprietary rating tool as we say in our business ethics examples homepage introducing this series, the first and most critical rule is an ethical approach, and this should. Nov 10, 2016 8020 analysis this is a great consultants view into data that essentially provides a dashboard of spend based on the classic 8020 or pareto rule. Public procurement practice spend analysis standard procurement organizations should use spend analysis to leverage buying power, reduce costs, provide better management and oversight of. Fine chemicals, spend analysis, fine chemicals industry, chemical industry, cost savings, spend management, chemical engineering, chemical supply, specialty chemicals, supply chain management solutions are now available from spendedge. Spend analysis forms a solid foundation for sourcing initiatives. The first step in strategic sourcing rip greenfield, vice president, global alliances and business development austintetra 9727568100. Project number zaz0801 nypro china mro spend analysis a major qualifying project report. How spend analysis helped a leading dental care provider regain internal control of spend data a healthcare case study by spendedge read more promoting luxury cars sales through supply market intelligence. Submitted to the faculty of the worcester polytechnic institute in partial fulfillment of the requirements for the. Spend analysis data was gathered on purchase history, purchasing patterns and behaviors, and supplier contracts and agreements. The first step in strategic sourcing details the baseline process. The initial was to conduct a high level spend analysis with a procurement assessment to identify opportunities for potential savings and improving the procurement function.

Without spend visibility in this case, a realtime count of how much of their. Having agreed on the inscope brands, the internal communication plan within the brands had to be finalised to gain executive support in data collection activity. The data included in the spend analysis might include purchasing data, payment data, credit card data. Source one conducted a spend analysis and created a baseline spend report. The spend analysis and opportunity assessment process had three key deliverables for the university. A case study of the naval postgraduate school abstract the purpose of this study is to identify opportunities for strategic sourcing in the naval postgraduate school contracting office. It worked with an initial spend analytics provider but was deeply disappointed with the. A case study on leveraging spend analysis to efficiently.

Challenge a large global electronics manufacturer needed to develop a comprehensive global spend assessment of their indirect spend. A case study in smartphone usage and gratification in the age of narcissism article pdf available in international journal of technology and human interaction 2. Spend analysis reduces procurement costs for cayman. The benefits of strategic sourcing in industry have helped realize cost savings time and time again. An introduction to spend analysis and spend management luke spikes luke. However, as she enters the office she meets neil, one of her fellow project managers, who also wants to get an early start on the day. A case study on leveraging spend analysis to efficiently manage risks associated with additional spend for a leading food retail client graphic. Master thesis lund university publications lunds universitet. Breen faculty of education, university of technology, sydney, australia abstract this article guides readers through the decisions and considerations involved in conducting focusgroup research. Spend analysis is the most critical component, and the starting point.

A comprehensive analysis was conducted to break down the annualized spend by product category, sku, supplier and end user locations. Addressing volatile commodity prices for a steel company by conducting price benchmarking study. For an organization that wants to leverage spend analysis, an efficient way to start is to first invest in the basic tools and processes that provide the key spend analytic attributes that directly impact the performance of strategic sourcing. Case study about mining companys use of sap ariba solutions to transform procurement. The spend analysis aims to inform strategies that realise savings on total spend and. Name some of the top spend analysis software players in the north american marketplace 5. Critical success factors for spend analytics semantic scholar. Fine chemicals spend analysis, fine chemicals industry. The gep knowledge bank encompasses proprietary research, issueorientated white papers and webinars, case studies, and playbooks and primers. An introduction to spend analysis and spend management. Reduced spend analysis project cycles typically by 30% to 50% obtained clear view of spend patterns across the category, department, location consolidated and normalized data, categorization based on one uniform taxonomy ability to see accurate spend information at the aggregate and line item level.

My girlfriend was starting to put pressure on me to have an operation to stop my snoring, but to be totally honest i was scared stiff. This enron case study presents our own analysis of the spectacular rise and fall of enron. Cleanse, group, and categorize spend data once data is collected, it should be cleansed to remove any duplicates or errors, grouped, and categorized. We at zycus, salute the winners from procurement and have documented their triumph in 6 unique case studies encompassing the areas of spend analysis, esourcing, contract management, supplier management, savings management, and procuretopay management. Applying an approach similar to the one they had used for office supplies, milley and his team launched a spend analysis project in late 2017 to evaluate procurement expenditure in these. Unileversconnected for growth supply chain strategy our strategy is our compass to help us navigate towards our purpose united to build a brighter future. Spend analysis procurement lincolnshire lincolnshire category analysis tool lcat is the cornerstone of a category management approach to regional procurement for the east midlands. The long and short of managing tail spend infosys bpm.