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

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

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.

 

 

Email us: info@procuraconsulting.com

Call us: +44 (0)203 693 7275

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