Innovative new tool for analysing uncategorised spend

| 0 Comments

spend.jpg Through strategic sourcing many procurement organisations have improved their management of raw materials purchases. The next level of savings opportunities lie in the products and services that have not been tracked through the material master or buyer catalogue. Up to now, it has been almost impossible to deal with this aspect of procurement because it is so difficult to analyse and consolidate...

CCI and Growthcon have developed a new, specialised software that can perform a spend analysis based on descriptions rather than on material master or catalogue numbers. According to Marc Siberbauer of CCI: "With this software, an organisation will be able to analyse all transactions and not just those associated with material master numbers."

"This software can be used to identify which items to add to the catalogue next, and where the biggest savings opportunities are. It can be used to identify maverick spend and consolidate spend across different business units and purchasing systems," he says.

"Organisations that wish to take control of their free-text spend should be considering this technology as the tool to drive success."

He told SmartProcurement that:
"The software is able to:
• identify new procurement cost savings opportunities
• consolidate free-text orders into sourcing groups of similar items and services
• consolidate free-text orders for the same item or service with differing descriptions
• identify free-text orders that should be added to the material master or buyer catalogue
• support the development of an e-procurement catalogue
• analyse spend on services
• identify off-contract spend
• support the clean-up of vendor master data
• match catalogue items across different business units
• consolidate purchase order information across different business units and purchasing systems"

"The system will:
• improve the organisation's profitability by reducing cost of purchased goods and services
• consolidate spend across different business units and systems to support strategic sourcing and contracting processes
• provide a mechanism for measuring and managing contract compliance
• ensure the organisation gains the maximum benefit from their ERP and eProcurement systems."

Marc Silberbauer can be contacted at:
COMPETITIVE CAPABILITIES INTERNATIONAL

email: MSilberbauer@ccint.net
Web: www.ccint.net
Cell: +27 (0)83 412 9493

Leave a comment


 

 

Career opportunites

Procurement Manager

  • >500 000 Gauteng Permanent Procurement Management
Job purpose We are looking for a Procurement

Fresh Demand Planner/Supply Chain Analyst

  • Analyst Operations, Planning & Inventory Permanent Supply Chain Western Cape
(Jnr - Mid Level), Supply Chain Planning, Based

Groceries Demand Planner/Supply Chain Analyst

  • Analyst Operations, Planning & Inventory Permanent Supply Chain Western Cape
(Mid Level) Supply Chain Planning, Based at Kenilworth,

Category Implementation Manager

  • >500 000 Gauteng Permanent Projects / Category Management Supply Chain
As an Executive Search and Career Consultant specializing

Head of Procurement

  • >500 000 Gauteng Permanent Procurement Management Strategic Sourcing
As an Executive Search and Career Consultant specializing

Regional Sourcing Manager

  • >500 000 Gauteng Permanent Procurement Management Strategic Sourcing
As an Executive Search and Career Consultant specializing

Procurement Director

  • >500 000 KwaZulu Natal Permanent Procurement Management Strategic Sourcing
As an Executive Search and Career Consultant specializing

Procurement Specialist

  • >500 000 Buyer Gauteng Permanent Procurement Officer / Specialist
As an Executive Search and Career Consultant specializing

Senior Sourcing Manager

  • >500 000 Gauteng Permanent Procurement Management Strategic Sourcing Supply Chain
As an Executive Search and Career Consultant specializing

Indirect Sourcing Programme Manager

  • >500 000 Contract Projects / Category Management Strategic Sourcing Western Cape
As an Executive Search and Career Consultant specializing

Deputy Chief Commercial Officer

  • >500 000 Contract Gauteng Procurement Management Supplier / Business Development
As an Executive Search and Career Consultant specializing

GROUP PROCUREMENT MANAGER

  • Gauteng Permanent Procurement Management Supplier / Business Development
Operating out of Johannesburg, this is a key

Tutor and Coordinator

  • Gauteng Operations, Planning & Inventory Permanent Procurement Management Supplier / Business Development
Purpose of the job: To plan, coach, advise

Commodity Manager

  • <500 000 Commodities Gauteng Procurement Management
Are you a Commodity Manager looking for the

Supply Chain Professional

  • <500 000 Gauteng Procurement Management Supply Chain
I specialize in placing professionals in the Supply

Supply Planning

  • <500 000 Gauteng Operations, Planning & Inventory Supply Chain
Seeking dynamic candidates to take to the market

Industrial Engineer

  • <500 000 Gauteng Industrial Engineer Procurement Consultant
Are you an Industrial Engineer looking to make

Logistics Manager

  • >500 000 Gauteng Logistics & Warehousing Supply Chain
Seeking vibrant industry specific individuals seeking new opportunities

Operations Manager

  • <500 000 Gauteng Operations, Planning & Inventory Procurement Management
Looking for an Operations Manager to take into

Supply Chain Systems Administrator

  • >500 000 Gauteng Procurement Management Strategic Sourcing Supply Chain
One of South Africa's leading, mining companies is