Procurement Analytics' analyzes spend data by taking a "deep dive" into the costs charged to companies by suppliers in a variety of category sectors. Each client assessment is project managed and divided into the five phases that build upon each other to ensure a successful savings result:
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Plan Phase
- Collect Data
- Identify Options and Quick Wins
- Present Options to Client
Insight Phase
- Validate
- Document and Measure
- Analyze Data
- Engage Stakeholders
- Present Business Case
Design Phase
- Validate
- Conduct Detailed Scoping
- Gather Internal Data
- Gather External Data
- Analyze and Develop Approach
Implementation Phase
- Validate PA Strategies, coupled with our long-term
- Analyze and Plan strong direct manufacturer relationships
- Evaluate Supply Base and supplier sourcing expertise, will save
- Negotiate and Contract clients anywhere from 20% - 30% of
- Realize identified category spends.
Monitor Phase
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