Case Study:

Global contact lens manufacturer uses ProIntell for spend analysis, and prioritisation of sourcing and P2P optimisation activity.

Client

  • One of the world’s leading manufacturers of contact lenses and related products and services.
  • Products are sold in over 100 countries around the world.
  • Professional procurement function looking to identify further savings opportunities.
  • Challenges with data availability stored in multiple systems.

Approach

  • Management of data from multiple systems.
  • Bespoke supply-market categorisation.
  • Augmentation of spend data with supplier payment data.
  • Deep analysis by cost centre, currency, transaction values and payment terms.

Results

  • Complete transparency of non-pay spend.
  • Identification of group strategic suppliers.
  • Identification of high-volume, low-value suppliers for P2P initiative.
  • Analysis highlights payment terms opportunities.
  • Identification and prioritisation of sourcing and P2P optimisation activity.


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