The need to drive organizational goals of stability and profitability
In the era of “do more with less”, the Chief Procurement Officer is increasingly under pressure to deliver on
- Increase spend visibility and spend under management
- Find more savings, with better category management, sourcing and price discovery and better terms and payment cycle management
- Improve supplier performance through collaboration, assessment of the supply base, supplier groups, spend thresholds as well as supplier profile and risk
- Enhance overall effectiveness, compliance and functional influence
- Control of maverick spend, better transaction management and lean spend operations.
Organizations are constantly looking for Data & Insights solutions that reduce the cost and enhance the value of procurement.
Analytics solutions for Enterprise Procurement
Capgemini’s Smart Procurement Management solution enables efficient use of procurement data of an organization and drives resources towards outcome‑based management as against traditional ways of management through process efficiency to reduce / control costs.
The solution integrates innovative analytical and AI/ML algorithms to generate actionable insights and visualized through Tableau/ PowerBI.
We leverage an in-depth understanding of procurement functions across organizations along with strong technical and domain expertise to drive benefits such as
- Unified enterprise procurement view
- Better Category Management
- Higher ROI through better Supplier Engagement
- Enhanced Performance and compliance
- Efficient sourcing strategies
- Better credit team and payment strategies
- Effective control on Procurement risks
To know more contact our SMART Solutions team at email@example.com.