Assessment of Major Spend Areas:
Spend data alone may not be enough to validate an opportunity. Through on-site
interviews with key stakeholders, benchmarking, and detailed analysis and
research, ISG can identify viable cost reduction targets and eliminate poor
sourcing candidates, saving time and resources. The typical result is an
Assessment document with a six-dimension sourcing "attractiveness" analysis,
estimates of savings potential by spend category, and clear recommended
next steps.
Procure-to-Pay Process & Organization Assessment:
Should the procurement and sourcing functions be Centralized, Distributed,
or somewhere in between? How does the current procure-to-pay process compare
to best-in-class? Where are the gaps? What is the economic value of closing
them?
This Assessment is designed to understand what changes, if any, are needed
to convert procurement from a cost center to a scalable and strategic organization
with high-impact earnings improvement objectives. The result is a gap analysis,
supporting data, and clear next steps. |
