s2p recipe for success
TRANSCRIPT
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Emerging (1-3) Average (4-7) Best in Class (8-10)
Multiple data sources of spend (Pr)
No proactive spend code selection (Pr)
De-centralized analysis (P)
Limited reporting distribution (T)
Data in central repository (Pr)
Limited/manual spend coding (Pr)
Central group to analyze spend (P)
G/L+ Category classification approach (T)
Web based solution to analyze spend (T)
80% of spend classified to L2/L3/L4 (Pr/T)
Self-sufficient end user reporting (P/T)
Automated, quarterly data cleansing (T)
Rules engine to auto-classify (P/T)
Category coding >90% accurate (Pr/P)
Integrated in category management (Pr/P)
Item Investment
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Source-to-Pay Spectrum
Creating Value Delivering Value
The Destination…
