Robust Analytics to Manage Strategies:
See category strategy and duration at a glance. In depth statistics on strategy structures help identify opportunities for continuous improvement. Use built-in modeling to define optimal purchasing strategies, including Kraljic matrix, Porter’s five forces and SWOT analysis.
Clear Data Drives Action:
Proactively manage your categories, review results and make any necessary adjustments. Make timely assessments and take clear action with intuitive reports and dashboards.
Clear, Configurable Strategies:
Use key category requirements to drive your overall strategy. Clearly view internal and external influences, plus positive impacts. Focus on high value activities using established procurement processes, techniques and project management tools.
Successful Outcomes Through a Detailed Approach:
Empower category managers to find success. Provide context and details on key factors and show stakeholders the value of strategic procurement with optimized pricing, contracts and suppliers.
Centralized Category Spend for Segmentation and Analysis:
Visualize spend by key suppliers, spend break-down, supplier pareto analysis and more. With category-specific spend, business need and demand in one place, you can plan and assign activities and approvals.
Improved Visibility and Control:
Through project approvals and visibility, get a clear consensus on objectives to ensure success. Encourage accountability and confront risks while monitoring your overall strategy execution.
Collaborative Segmentation Cycle:
Select levers to set specific purchasing strategies, evaluate partnerships, pricing and demand reviews and more. Information is centralized to identify lower risk and lower cost suppliers. Keep track of high performing suppliers with To Be Supplier Portfolio.
Insights into Performance, Risk and Spend:
Monitor and track category strategies. Follow the latest innovations with third party information layered onto activity and performance data. Constantly evaluate risk using levers and prioritization.