e procurement webinar - buying made easy (3/3)
TRANSCRIPT
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Buying made easy – A webinar series from OpusCapita5 tips to unlock new value from your eProcurement processes
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Agenda
• Introductions• 5 tips to unlock value
– Supplier engagement– Catalog management– Easy shopping– Guided buying– Spend analysis
• Closing remarks
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Rowan Lemley (host)
Our panel of experts
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Juhana LehtimäkiManaging Consultant
Martin CasserdahlHead of Consulting & Training
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OpusCapita by the numbers
Company:
• Founded 1984
• Over 2100 employees
• Revenue €257 million (2015)
Buyer-Supplier Ecosystem:
• 8 000 customers in over 100 countries
• ~100 000 suppliers
• 600 million transactions annually, 200 million processed purely electronically
• 40 million different products bought and sold
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5 tips to unlock new value from your eProcurement processes
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Engage your suppliers – early and often
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Supplier engagement
Creating value from supplier network
Identify and categorize suppliers
Plan governance models
Create positive environment Share and Care Follow-up
Building cooperation with key suppliers
Joint development initiatives
Utilize supplier expertise
Create new business opportunities
Supplier innovations
Support for business owners
1 Gain competitive advantage from supplier collaboration
2 Mitigate supply chain based risks
3 Become a ‘preferred buyer’ for your key suppliers
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Catalog Management and easy shopping
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Easy Shopping
• Easy shopping is key to user adoption
• Change Management is very difficult without ease of use
Why do this?
• Focus on broad categories
• Consider the alternative to PO based purchase
How to start? • Easy to do it right
• Realization of business case
• Long term Change
What is the value?
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Guided buying – but don’t be too heavy handed
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Guided Buying
• •Not one solution fits all
• To support employees to do it right
Why do this?
• Establish a Purchase policy
• Define Buying channels per category
• Create a start portal
How to start?
• Clarity for employees
• Clarity for suppliers
• Free up time for Procurement department
What is the value?
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Spend analysis – are their any quick wins?
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Spend analysis
1 Follow all relevant procurement KPI’s
2 Analytics tool must be enable ad-hoc reports runs to support quick needs – easy to use
Spend analytics often defined as a process of collecting, classifying and analyzing expenditure data to support business processes and reduce cost – basic questions where spend analytics provide answers are: How much my spend actually is? Who are the suppliers? Is the spend going into right place?
Analytics is not only for spend but also for other business related measures, such as payment times, delivery times, on-time-delivery.
3 Getting spend data from both Procurement solution and Accounts Payable reveals the possible maverick buying effectively
Collect data create a *spend cube* Analyze and plan Create Category plans
Identify opportunitiesFollow-up
KPI’s
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Closing Remarks
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Closing Remarks
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Martin CasserdahlHead of Consulting & Training
Juhana LehtimäkiManaging Consultant
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Thank YouVisit us at www.opuscapita.com
Rowan Lemley