abcprocure spend analysis presentation
DESCRIPTION
abcProcure.com is ISO 27001 certified spend analysis service and solution provider helping many of the fortune 500 companies to leverage below given benefits:Better understanding of your spendImproved purchasing efficiencyConsolidate purchaseNegotiate better prices and termsReduce maverick spendingSupplier rationalizationImproved forecast, budget, deliveryTRANSCRIPT
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
India’s top Corporate & Government have one thing in common when it comes to Spend Analysis
>>> to know
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Total Spend Management Solutions;• Spend Analysis• Category Management• eSourcing
• eTendering• eRFI/eRFP/eRFQ• Reverse Auction• Forward Auction
• eProcurement• Contract Management• Supplier Management
abcProcure.com offers India’s most flexible Spend Analysis Services & Software
- An ISO 27001 Certified
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
About Us: e-Procurement Technologies Ltd.
A profit making Co. promoted by eProcurement pioneers
India’s First ISO 27001 Co. in spend management domain
Powered by a dedicated team of 300 employees & partners
Preferred Spend mgt. partner of India’s fortune 500 Companies
Pan India Network with Head Office in Ahmedabad, India
Our Portals include OneTender.com abcProcure.com, TenderTiger.com
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
We annually enable Spend in excess of Rs.10,000+ Cr for Govt. & Pvt. Cos.
Our Solutions are built using Free & Open Source software for lower TCO
We offer complete Spend Mgt. tools integrated with ERP & other systems
We comply to IT ACT 2000, CVC, PWD, MDB, World Bank & other guidelines
Our Global support desk offers 24*7 customer support, 365 days
Competitive Advantages
Service offered on SAS Model i.e. Pay/Event Fixed Fee/Yr or Software License Sale
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Our Customers >
Some of our Indian PSU Customers; Bharat Heavy Electrical Limited State Bank of India Union Bank of India Bank of Baroda Kudremukh Iron Ore Company Limited Hindustan Newsprint Limited Mazagon Dockyard Limited Container Corporation of India Limited Bharat Petroleum Corporation Limited Indian Oil Corporation Limited Bank of India
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
few more Customers >
Government Departments & Corporations Karnataka State Police Housing Corp. Kerala Transport Development Finance Kerala Small Industries Development Corp. Urban Water Supply & Environmental Project, MP Gujarat Water Supply & Sewerage Board Gujarat Industrial Development Corp, Water & Sanitation Management Organisation Bhopal, Indore, Jabalpur, Gwalior Municipal Corp.
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
What is Spend Analysis?
Data Classification
Data
Cleansing
Dat
a S
ingu
larit
y
Data Aggregation
Data
Enrichm
ent
Dat
a A
naly
tics
3600 Spend
Visibility
Spend analysis is an in-depth review of an company’s spend by:
# Individual items
# Suppliers & Contractors
# Existing Procurement Processes
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Data Classification
Data
Cleansing
Dat
a S
ingu
larit
y
Data Aggregation
Data
Enrichm
ent
Dat
a A
naly
tics
3600 Spend Visibility
Spend A
nalysis – Key M
odules
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Why Spend Analysis ?
#. Within company, multiple specifications exist for products with the same functions
#. This results in same product being sourced from different suppliers within organization
#. As a result Buying power of an Organization is not fully exploited for lack of spend visibility
#. No spend visibility means lack of Benchmarks of past spend i.e. price, frequency, supplier, etc.
#. As a result, same items is being procured at different prices within an organization
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Rs.100Rs.105
Rs.110
Rs.96 Rs.99
Rs.100
Rs.120Rs.100
Rs.110
Rs.95 Rs.105
Rs.100
Vendors / S
uppliers
Buyers / P
urchasers
Step 1: In present system, individual buyers send RFQ to Suppliers directly without consolidating requirement
Current Purchase Processes
Step 2: Supplier take advantage of this Situation & submit different Quotes for same product/service In Large & Medium enterprise, with 1000’s of transactions/year, this translates into substantial loss.
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
1
1
1
1
2
2
2
2
3
3
3
3
Rs.96Rs.99
Rs.100
Rs.95
Rs.105
Rs.100
Rs.100
Rs.105
Rs.110
Rs.120
Rs.105
Rs.110
Rs.96
Rs.95
Rs.100
Rs.105
Rs.96
Rs.95
Rs.100
Rs.105
Rs.96
Rs.95
Rs.100
Rs.105
Buyers / Purchaser Vendors / Suppliers
Spend Management System
Step 1: Indents are forwarded to Spend Management System, which in turn forwards it to Vendors Step 2: Vendors in turn forward their Quote to Spend Mgt. System instead of forwarding it to Buyers directlyStep 3: Spend Mgt. System aggregates bids, evaluates them & forward the best bid to all Buyers
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Improved purchasing efficiency
Consolidate purchase & leverage it
Negotiate better prices and terms
Key Benefits
Reduce maverick spending
Achieve a better understanding of what is being bought across enterprise
Supplier rationalization
Improved forecast, budget, delivery
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Spend Visibility by Vendor / Supplier
Spend Visibility by Product / Commodity
Spend Visibility by Location / Geography
Spend Visibility by Cost Centre
Enhanced Spend Visibility
Spend Visibility by Purchasing office
Spend Visibility by Type of Contract
Spend Visibility for a select Period
Spend Visibility by other Custom Parameters
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
Activities Flow Chart
# 1: Define Data Elements
- Determine what data needs to be collected - Identify Source of Data
# 2: Collect Data from all sources
- Collect data from systems & Hard copy - Talks to Stake Holders & Suppliers
# 3: Normalize Data for consistency
- Compile, Cleanse & Classify data - Identify Gaps & inconsistencies
# 4: Validate Data set
- Check with relevant stakeholder & adjust as required - Fill Gaps & agree on priorities
# 5: Generate MIS & Analize Data
- Analyze data across each dimension product, supplier, location, cost centre, etc.
# 6: Identify Opportunities
- Based on Initial findings validate data & refine - Focus on specific opportunities & drill down
e-Procurement Technologies Ltd
www.abcProcure.com, [email protected]
To know more…
Visit us at
www.abcProcure.com
www.TenderTiger.com
www.OneTender.com
Call Vishal: (91) 98250 27089
Call Suraj: (91) 93270 56757