bravoconnect 2014: procurement savings identification, forecasting & tracking

Upload: bravosolution

Post on 20-Aug-2015

303 views

Category:

Business

2 download

Report

Download

Embed Size (px):

TRANSCRIPT

Page 1: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Page 2: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Procurement Savings Identification, Forecasting and Tracking

Page 3: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Welcome & Agenda

1. Introduction and overview

2. Amcor – A Case Study

3. The Post Office – A Case Study

4. Panel Q&A

Page 4: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Speakers

Andrew Vanstone

Vice President, Corporate Procurement Amcor

SaraHollingsbee

Best Practice Procurement ManagerThe Post Office

SujaiJayaram

Head of Best Practice, Procurement The Post Office

GraemeWiggins

Senior ConsultantSpend Analytics

BravoSolution

HannelePalje-Rossi

Managing DirectorNordics

BravoSolution

Page 5: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

“The way to build your savings is by

spending less each month”Suze Orman

Page 6: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Reasons Why Organisations Focus on Savings

Measure Control Performance Mobilise £’s Process compliance

Page 7: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Spend mapping and analysis

Service/product user engagement

Supplychain engagement

Benchmarking at product/service/category level

Competition

Identification

Ways in Which to Identify Savings Opportunities

Types of saving

When the saving will be realised

Pre-requisites for achieving the saving

Estimate tolerances

Sign-off accountabilities for any saving

Forecasting

Things to Consider When Forecasting Savings

Have a plan – communicate progress against it

Review risks regularly – communicate changes in status

Monitor demand, compliance and payments –

communicate all variances

Continually look for opportunities to improve on forecasts

– explain short and long term options

Review progress against business targets regularly –

communicate any required changes to priorities

Tracking

Important Inputs to Tracking

Amcor - Case Study

Page 11: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Post Office - Case Study

Page 12: BravoConnect 2014: Procurement Savings Identification, Forecasting & Tracking

Panel / Q&A

Economic Forecasting Lecture 5: Forecasting Cycles

MGT3303 Michel Leseure Forecasting –Introduction to forecasting –Do you need a forecasting system? –Forecasting models –Qualitative judgments in forecasting

Financial Forecasting Chapter 4. Chapter 4 - Outline What is Financial Forecasting? 2 Methods of Financial Forecasting 3 Financial Statements for Forecasting

Forecasting Energy Savings Using Activated Sludge

BravoConnect 2014: Sourcing a complex category

Business Forecasting: Techniques, Best Practices ... Forecasting Seminar May 2014.pdf · New Product Forecasting ... Business Forecasting: Techniques, Best Practices & Application

RECYCLINGS & SAVINGS IN TED ANKARA COLLEGE. Paper Savings Paper & Battery Recyclings Electricity Savings Water Savings Savings Of Old Books

chpt3 forecasting handout - csuohio.educis.csuohio.edu/~ichen/ch3.pdf3-31 Forecasting Other Forecasting Methods - Focus • Focus Forecasting • Some companies use forecasts based

Chapter 4 Forecasting Production Planning Overview What is forecasting? Types of forecasts 7 steps of forecasting Qualitative forecasting

AFFECTIVE FORECASTING PSYC 385. Affective Forecasting - Definition

BravoConnect 2014: Risk Management

Forecasting and Verifying Energy Savings for Web-Enabled Thermostats in Portable Classrooms: William E. Koran, P.E. Quantum Energy Services and Technologies

Probabilistic Energy Forecasting - KIT - ITI … 25.01.17 Institute forApplied Computer Science Agenda Forecasting challenges Renewable energy forecasting Electricity price forecasting

TAX SAVINGS. HEALTH SAVINGS. WOW SAVINGS

SAP Forecasting & Replenishmentfm.sap.com/data/UPLOAD/files/SAP Forecasting and Replenishment... · SAP Forecasting & Replenishment Solution Update and Outlook Forecasting and Replenishment

Voice. Broadband. Networks. The 2020 Vet Practice ... · operational efficiency, cost savings, market share and working environment. Management information to hand? ... Forecasting

BravoConnect 2014: Spend Analytics & Benchmarking

Forecasting and methods of forecasting

FORECASTING PLEASANT CONDITIONS ALL YEAR LONG€¦ · And because your three-stage system is efficiently adjusting to your heating and cooling ... Annual Energy Cost Savings for Cooling

Introduction Definition Forecasting Technology Technological Forecasting Process Forecasting Techniques Current Status Technology Discontinuity Summary

2018 Predictive Analytics in Healthcare Trend Forecast · 2018-09-07 · 3. Healthcare executives are dedicating budget to . predictive analytics – and forecasting significant cost-savings

FORECASTING PLEASANT CONDITIONS ALL YEAR LONG · system performance and includes great features like: • Simple scheduling and one-touch energy savings • Remote access via the

Forecasting Workshop: Intermittent Demand Forecasting · Forecasting Workshop: Intermittent Demand Forecasting ... [s Forecasting Case-Study rated as 4*. ... major packages have implemented

Forecasting Chapter 6. Economic Forecasting Economic Forecasting

Wind Power Forecasting inWind Power Forecasting … Argonne.pdfWind Power Forecasting inWind Power Forecasting in Electricity Market Operations Audun BotterudAudun Botterud* and Jianhui

Chapter 9 Forecasting. Forecasting Demand Why is demand forecasting important? What is bad about poor forecasting? What do these organizations forecast:

HFT 3431 Chapter 9 Forecasting Methods Forecasting How Important Is Forecasting?How Important Is Forecasting? Is Forecasting Only Financial?Is Forecasting

solar energy Energy Forecasting - ULPredicting the output of renewable energy projects—days, hours or minutes in advance—provides signiﬁ cant cost savings for utility operations

Agenda of Week V. Forecasting Forecasting control POM strategy Introduction of forecasting Forecasting methods Review of week 4 132 Qualitative methods

Forecasting women’s apparel Forecasting sales using

Nature of Relationship Between Inflation and Savings ...€¦ · Keywords: Household savings, threshold inflation, financial savings, physical savings, equilibrium relationship savings

Computers and Weather forecasting WeatherWeather forecasting

Forecasting and Verifying the Energy Savings for Web-Enabled Thermostats in Portable Classrooms: William E. Koran, P.E. Quantum Energy Services and Technologies

Forecasting Methods Chapter 9 Forecasting How Important Is Forecasting?How Important Is Forecasting? Is Forecasting Only Financial?Is Forecasting Only

Economic Forecasting Lecture 7: Macroeconomic Forecasting