The first step in managing purchased expenditure ! Precise knowledge of spend across the company, expressed in terms useful for a buyer (i.e. beyond Accounting figures) can be a difficult task. Heterogeneous IT systems abound, legacy reference schemes too, making effective data consolidation impossible. Large companies today are composed of numerous acquisitions, adding to the structure of plants, divisions and country operations each with their own supplier bases.
Better Buying Concepts offers an innovative approach to clear up all such disparities. Our pragmatic method is based on the recovery and processing of data from all available sources : company accounts, purchasing files and also, if appropriate, supplier billing files.
We define together the scope for analysis, objectives and level of detail required, prior to launching the mapping exercise. We use a standard database solution, capable of generating a range of reports, which are enriched with analysis made by our consultants – anomalies, points of leverage, zones of performance potential…
Supplier spend, turnover, by country, by plant, part numbers, categories… the level of detail is customised to match customer needs.
