innovate and seize opportunities: a sourcing perspective

14
© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com) BEYOND DATA & ADVICE TO OUTCOMES ATUL VASHISTHA Chairman +1.617.830.1664 [email protected] +

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© 2017 Supply Wisdom, & Neo Group Inc. Proprietary (neogroup.com | supplywisdom.com)

BEYOND DATA & ADVICE

TO OUTCOMESATUL VASHISTHA

Chairman+1.617.830.1664

[email protected]

+

• 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)

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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)

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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!

+ 1 (617) 830-1664

www.supplywisdom.com/blog

https://twitter.com/Supply_Wisdom

https://www.linkedin.com/company/neo_group

[email protected]

© 2017 Supply Wisdom, Neo Group Inc. Proprietary (www.supplywisdom.com)