Procurable Spend Administration

SAVE 3%–8% ON PROCURABLE SPEND & 7%–25% ON PARTS, MATERIALS & SUPPLIES

We gain total spend visibility and perform automated analytics on spend categorization across all of the technical service categories. This provides clients with detailed visibility down to the line item level. This is a full view of non-labor spend for the entire organization.

We have aggregated this spend and use this leverage with suppliers and OEM’s to maximize purchases on parts and materials and provide consumer-like eProcurement software to access these deep discounts.

Group Purchasing Infographic
Catalog Infographic

Group Purchasing

  • Leverages the volume of products and commodities procured through Group Purchasing Organizations to ensure you get he lowest pricing and optimal savings.
  • Analyzes your requirements and identifies alternative products and technologies that meet your needs while saving you money.
  • Ensures flow down to sub-contractors is realized and recognized in your program.

Catalogs

  • Ensure that products for each need are standardized to take advantage of volume and sourcing efficiencies.
  • Ensures consistency of products and processes across sites to maximize savings.
  • Provide access to both negotiated and off-contract items to address each site’s needs.
  • Product specifications & performance are clearly defined to ensure needs are met.
  • Defined approach drives compliance & reporting ensuring transparency to savings.

Many organizations procure their indirect spend through multiple methods, platforms, channels and systems resulting in inconsistent processes and missed savings opportunities. Having a disciplined programmatic approach allows companies to leverage their spend with that of others to buy standardized products using consistent processes and achieve up to 10% savings.

10%
Savings

Procure to Pay

  • Leverages the volume and mix of products and commodities that you need to purchase to achieve the most favorable pricing
  • It drives consistency across the organization and delivers measurable year over year savings Routing Guide provides

Best Value Finder

  • Utilizes a browser add-on to identify best pricing
  • Active web-based shopping pop-ups give the user alternative options for the items they are searching for
  • Integrated with Group Purchasing agreements and catalog pricing to align elements of the program
  • Compliance tracked & reported

Routing Guide

  • Provide guidelines for small parcel shipping & inventory control
  • Reduced shipping costs through defined, standard, service levels based on urgency and needs
  • Means firms can take advantage of discounts by leveraging volume
  • Optimizes transportation & logistics through process, standardization, compliance, tracking and reporting