innovate and seize opportunities: a sourcing perspective
TRANSCRIPT
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
BEYOND DATA & ADVICE
TO OUTCOMESATUL VASHISTHA
Chairman+1.617.830.1664
+
• Supplier & Location Risk• Country • City • Supplier
• Real-Time Event Alerts• Analytics & Guidance• Sourcing Data• Cloud-based Subscription• Custom Research
SOURCING DATA & RISK MONITORING
Since 1999, we have advised and supportedclients in optimizing corporate and businessfunctions through the sourcing levers ofautomation, analytics and global talent
• What to Source• Where to Source• Who to Source To• How to Transition & Manage• Sourcing Check & Benchmarks• Governance Design & Setup• Governance as a Service
• Support Resources• Global Model
ADVICE & GOVERNANCE SUPPORT
© 1999-2017 Neo Group Inc. Proprietary
Since 2012, providing real-time and continuousrisk monitoring of suppliers and locationsglobally
THIRD PARTIES ARE CRITICAL TO BUSINESS
HOW DOES ONE MAXIMIZE OUTCOMES?
OPPORTUNITY
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
WHERE ARE THE OPPORTUNITIES?THIRD PARTIES ARE CRITICAL
IS YOURDATA
PROVIDINGDECISIONINSIGHTS?
IS YOURPRICING/COSTSCOMPETITIVE?
ARE THIRD PARTIESREDUCING
OPERATIONSRISK?
ARE YOULEVERAGING
NEWTECHNOLOGIESFAST ENOUGH?
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
MAXIMIZE OUTCOMES WHILE REDUCING RISKS
SOLUTION
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
THIRD PARTY PROGRAMS NEED A NEW LOOKNOT JUST TRANSACTIONS, LEVERAGE INSIGHTS
INDUSTRIALIZEDATA TO ACTION
LEVERAGE DATASPECIALISTS TOINDUSTRIALIZE
INSIGHTS TO ACTION
ENABLE ANNUALBENCHMARKING
TO DRIVESAVINGS & NEW IDEAS
LOOK AT RISKSAS OPPORTUNITIES
EARLY DECISIONSYSTEMS MAKE
THE DIFFERENCE
USE AUTOMATIONTO INCREASE
SPEED, REDUCECOSTS, ENABLE ACCURACY AT
SCALE …
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
7
INDUSTRIALIZE DATA ANALYTICSFROM PROCESSING TO REAL-TIME ACTIONS
Source: MuSigma© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
8
KNOW YOUR MARKETBENCHMARKING HARVESTS LOW-HANGING FRUIT
Source: Neo Group
ApplicationsDevelopment&
Maintenance
Role ExperienceLevel TierI
Project Manager
Architect
0 to 4 years
4 to 8 years
8+ years
0 to 4 years
4 to 8 years
8+ years
Lo Hi
Median
TierIILo Hi
GlobalLo Hi
$73 $121$83 $66 $73 $76 $118$66
$86
$80 $130$99 $72 $80 $86 $130$72
$90
$72 $89$79 $65 $80 $78 $90$72 $80
$72 $100$82 $65 $80 $86 $117$72 $91
$115 $128$121 $80 $115 $110 $125$104 $116
SUPPLIERA SUPPLIERB SUPPLIERC
$70 $78$74 $63 $70 $70 $102$63
$80
$80
$80
$80
$87
$77$72
$90
$78
$100$85
$105
$70
$75
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
9
THINK OF RISK AS OPPORTUNITIES THE FIRST ONE GETS THE OYSTER, THE SECOND ONE GETS THE SHELL
Source: Supply Wisdom
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
10
AUTOMATION AS THE NEXT VALUE DRIVER THIRD PARTIES ENABLING THIS FASTER
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
11
Source: USA DoD Science Board Study 2016
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
12SOURCE: www.shivonzilis.com/machineintelligence
AUTOMATION AS THE NEXT VALUE DRIVER MAJOR INVESMENTS, GLOBAL STARTUPS TOO
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
13
Strategy- Readiness Assessment- Maturity Assessment- Opportunity Identification- Global Business Services- Sourcing Strategy- Service Design- Process Optimization- Spend Analytics- Sourcing Analytics
Sourcing- Location Assessment- Supplier Assessment- RFP Process - Partner Selection- Global In-House (GIC)- Vendor Consolidation- Re-negotiations- Benchmarking - Research
Governance- Transition Design and Support- Governance Design and Support- Health Check- Supplier and Location Risk Monitoring- Program and Project Management- Governance As A Service
Building Capabilities
Enabling Cost Leadership
Reducing Risks
Transforming Business Functions
SEIZE THESE OPPORTUNITIESNEO CAN HELP
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)
THANK YOU!
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© 2017 Supply Wisdom, Neo Group Inc. Proprietary (www.supplywisdom.com)