SlideShare a Scribd company logo
$
Accelerate Procurement Performance
Consistently meet performance targets and drive value through
procurement excellence.
Lloyd's Risk Ranking
What’s your procurement excellence strategy?
Our senior procurement and sourcing customers tell us:
Procurement executives have invested heavily in information management
systems and policies to track purchasing activities, yet they increasingly
struggle to manage costs and risks effectively.
They lack visibility into material input costs, market dependencies, and drivers
of volatility which dramatically impact their supply base, resulting in
overspending and wasted resources.
Not being able to understand and quantify price change throughout the supply
chain can keep you from meeting your most important goals and leave the
enterprise vulnerable to risk.
“We have the strategy and we know where we need to go, but we have difficulty getting there”
“We cannot afford to hire full-time market experts for one-off purchases, yet our
team only has the required supply market knowledge less than 20% of the time”
of CPO’s feel their teams lack the skills
needed to deliver the procurement strategy
Source: Deloitte
has climbed from the #7
overall priority risk in
2011 to #4 today.
Source: Lloyd’s Risk Index
48%
of procurement professionals believe input cost, productivity,
and supply/demand analysis is critical to effective supplier
negotiations, yet only 39% have this insight readily available
Source: IHS
77%
Cost of
material inputs
Typical procurement
teams spend 20%
more time compiling
intelligence data than
world-class performers.
20%Source: The Hackett Group
0 5 10
Currency fluctuation
Rapid technological changes
Cost and availability of credit
Inflation
Changing legislation
Excessively strict regulation
Price of material inputs
Cyber risk
Loss of customers/cancelled orders
High taxation
IHS.com/PricingPurchasing
What if you could...
…drive consistency, gain insight, maximize resources?
Consistently meet targets, foster organizational agility,
and manage risk to maximize profitability
In order to move the enterprise to the next level of sourcing and procurement
results globally and deliver cost savings, procurement needs guidance and insight
to build and execute sourcing strategies.
The IHS advantage:
• Standardize global procurement on a single, consistent pricing platform.
• Access 500,000+ historic prices and 4,000+ forecasts, costs, and wages.
• Leverage powerful analytical tools to use IHS insight in your processes.
• Rely on recognized IHS experts to enhance capabilities of your talent.
• Quantify price change and price drivers across entire supply chains.
Benchmark pricing performance to increase efficiency and visibility
• Meet and sustain cost savings targets. Foster agility and efficiency to maintain profitability when
revenue is soft.
• Move the enterprise to the next level of sourcing and procurement results globally. Develop and enable
procurement talent to efficiently maximize added value.
• Mitigate risk and ensure continuity of supply. Ensure credible, reliable suppliers to avoid disruption or lack
of key input availability. Employ an early warning system to ensure proper back-up in cases of disruption.
• Develop and enable procurement talent to efficiently maximize added value. Enable team to manage price
volatility and supply chain risk for critical commodities, understand material input and supplier costs to
expand margin and performance.
We needed to lock in steel sheet
prices for the coming year and IHS
helped us save $10 million in one buy.
We estimate that, on average,
we save our clients 1-10% of their spend.
That translates to millions in savings.
“ “
50%
Best-in-class organizations
are more likely to target
visibility to improve their
supply chain processes.
$
What is the IHS advantage?
IHS is more than just a data provider. We deliver actionable insights and a model-based frame-
work for delivering value. Our team provides the most robust and accurate insight, analysis,
and forecasts available on the market today.
Source: Deloitte CPO Study

More Related Content

Viewers also liked

THE LEGAL ASPECT OF PURCHASING
THE LEGAL ASPECT OF PURCHASING THE LEGAL ASPECT OF PURCHASING
THE LEGAL ASPECT OF PURCHASING
Zamri Yahya
 
Methods of Purchasing
Methods of PurchasingMethods of Purchasing
Methods of Purchasingaya0211
 
INVENTORY MANAGEMENT
INVENTORY MANAGEMENT INVENTORY MANAGEMENT
INVENTORY MANAGEMENT
Zamri Yahya
 
Purchasing policy and procedures
Purchasing policy and proceduresPurchasing policy and procedures
Purchasing policy and procedures
Kris Marie Laserna
 
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING pter 007 instru...
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING  pter 007 instru...PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING  pter 007 instru...
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING pter 007 instru...
Zamri Yahya
 
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
Optimus BT
 
Procurement And Materials Management
Procurement And Materials ManagementProcurement And Materials Management
Procurement And Materials Management
pakreiki
 
10 Ways To Improve Your Purchasing Department
10 Ways To Improve Your Purchasing Department10 Ways To Improve Your Purchasing Department
10 Ways To Improve Your Purchasing Department
Keith Taylor
 
What Is The Difference Between Procurement and Purchasing?
What Is The Difference Between Procurement and Purchasing?What Is The Difference Between Procurement and Purchasing?
What Is The Difference Between Procurement and Purchasing?
Procurify.com
 
PURCHASING DECISION AND BUSINESS STRATEGY
PURCHASING DECISION  AND BUSINESS STRATEGYPURCHASING DECISION  AND BUSINESS STRATEGY
PURCHASING DECISION AND BUSINESS STRATEGY
Zamri Yahya
 
JUST- IN-TIME (LEAN) PURCHASING
JUST- IN-TIME (LEAN) PURCHASINGJUST- IN-TIME (LEAN) PURCHASING
JUST- IN-TIME (LEAN) PURCHASING
Zamri Yahya
 
GLOBAL SOURCING
GLOBAL SOURCINGGLOBAL SOURCING
GLOBAL SOURCING
Zamri Yahya
 
The role of procurement
The role of procurementThe role of procurement
The role of procurement
barvie
 
Purchasing and Supply Management
Purchasing and Supply ManagementPurchasing and Supply Management
Purchasing and Supply Management
Zamri Yahya
 
Purchasing management
Purchasing managementPurchasing management
Purchasing managementMandeep Raj
 
STRATEGIC OUTSOURCING
STRATEGIC OUTSOURCINGSTRATEGIC OUTSOURCING
STRATEGIC OUTSOURCING
Zamri Yahya
 
Procurement: Strategies | Best Practices - May 2011
Procurement: Strategies | Best Practices - May 2011Procurement: Strategies | Best Practices - May 2011
Procurement: Strategies | Best Practices - May 2011
Marcel (Alex) Mesanza, PMP, CSSBB
 
MATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURESMATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURES
Paras Joshi
 
SUPPLIER SELECTION AND EVALUATION
SUPPLIER SELECTION AND EVALUATIONSUPPLIER SELECTION AND EVALUATION
SUPPLIER SELECTION AND EVALUATION
Zamri Yahya
 

Viewers also liked (20)

Purchase sop
Purchase sopPurchase sop
Purchase sop
 
THE LEGAL ASPECT OF PURCHASING
THE LEGAL ASPECT OF PURCHASING THE LEGAL ASPECT OF PURCHASING
THE LEGAL ASPECT OF PURCHASING
 
Methods of Purchasing
Methods of PurchasingMethods of Purchasing
Methods of Purchasing
 
INVENTORY MANAGEMENT
INVENTORY MANAGEMENT INVENTORY MANAGEMENT
INVENTORY MANAGEMENT
 
Purchasing policy and procedures
Purchasing policy and proceduresPurchasing policy and procedures
Purchasing policy and procedures
 
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING pter 007 instru...
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING  pter 007 instru...PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING  pter 007 instru...
PURCHASING PROCEDURES, E-PROCUREMENT, AND SYSTEM CONTRACTING pter 007 instru...
 
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
Purchasing, Procurement, Vendor, Contract and RFP Process Management with Sha...
 
Procurement And Materials Management
Procurement And Materials ManagementProcurement And Materials Management
Procurement And Materials Management
 
10 Ways To Improve Your Purchasing Department
10 Ways To Improve Your Purchasing Department10 Ways To Improve Your Purchasing Department
10 Ways To Improve Your Purchasing Department
 
What Is The Difference Between Procurement and Purchasing?
What Is The Difference Between Procurement and Purchasing?What Is The Difference Between Procurement and Purchasing?
What Is The Difference Between Procurement and Purchasing?
 
PURCHASING DECISION AND BUSINESS STRATEGY
PURCHASING DECISION  AND BUSINESS STRATEGYPURCHASING DECISION  AND BUSINESS STRATEGY
PURCHASING DECISION AND BUSINESS STRATEGY
 
JUST- IN-TIME (LEAN) PURCHASING
JUST- IN-TIME (LEAN) PURCHASINGJUST- IN-TIME (LEAN) PURCHASING
JUST- IN-TIME (LEAN) PURCHASING
 
GLOBAL SOURCING
GLOBAL SOURCINGGLOBAL SOURCING
GLOBAL SOURCING
 
The role of procurement
The role of procurementThe role of procurement
The role of procurement
 
Purchasing and Supply Management
Purchasing and Supply ManagementPurchasing and Supply Management
Purchasing and Supply Management
 
Purchasing management
Purchasing managementPurchasing management
Purchasing management
 
STRATEGIC OUTSOURCING
STRATEGIC OUTSOURCINGSTRATEGIC OUTSOURCING
STRATEGIC OUTSOURCING
 
Procurement: Strategies | Best Practices - May 2011
Procurement: Strategies | Best Practices - May 2011Procurement: Strategies | Best Practices - May 2011
Procurement: Strategies | Best Practices - May 2011
 
MATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURESMATERIAL PURCHASING PROCEDURES
MATERIAL PURCHASING PROCEDURES
 
SUPPLIER SELECTION AND EVALUATION
SUPPLIER SELECTION AND EVALUATIONSUPPLIER SELECTION AND EVALUATION
SUPPLIER SELECTION AND EVALUATION
 

Similar to Accelerate Procurement Performance

Development and Economic Analysis for Projects
Development and Economic Analysis for ProjectsDevelopment and Economic Analysis for Projects
Development and Economic Analysis for Projects
Andre Marques Valio
 
Stretch Ariba Commerce Strategic Procurement
Stretch Ariba Commerce Strategic ProcurementStretch Ariba Commerce Strategic Procurement
Stretch Ariba Commerce Strategic ProcurementSAP Ariba
 
World class procurement and your business
World class procurement and your business World class procurement and your business
World class procurement and your business
Procurement For Housing
 
Internal analysis
Internal analysisInternal analysis
Internal analysis
William Masvinu
 
CapitalizeFallingPrices_Benchmarking Report_March2015
CapitalizeFallingPrices_Benchmarking Report_March2015CapitalizeFallingPrices_Benchmarking Report_March2015
CapitalizeFallingPrices_Benchmarking Report_March2015Tevia Arnold
 
Source One Overview
Source One OverviewSource One Overview
Source One Overview
Jon Hansen
 
CFO Attributes
CFO AttributesCFO Attributes
CFO Attributes
montgogs
 
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
TraceGains
 
Staying Strategic How Procurement must Change!
Staying Strategic  How Procurement must Change!Staying Strategic  How Procurement must Change!
Staying Strategic How Procurement must Change!
Bill Huber
 
CFO Attributes
CFO AttributesCFO Attributes
CFO Attributes
montgogs
 
Buckle up. Here's how to bring speed & accuracy to retail decision-making.
Buckle up. Here's how to bring speed & accuracy to retail decision-making. Buckle up. Here's how to bring speed & accuracy to retail decision-making.
Buckle up. Here's how to bring speed & accuracy to retail decision-making.
Celect
 
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
National Management Olympiad
 
Cloudway sipm capabilities
Cloudway sipm capabilitiesCloudway sipm capabilities
Cloudway sipm capabilities
Saumya S
 
Converge Advisory Group
Converge Advisory GroupConverge Advisory Group
Converge Advisory Group
Robert Liebman
 
Sirius Decisions eBook
Sirius Decisions eBookSirius Decisions eBook
Sirius Decisions eBookclydejefferson
 
The Ultimate Guide to Streamlining Manpower RPO Processes.pdf
The Ultimate Guide to Streamlining Manpower RPO Processes.pdfThe Ultimate Guide to Streamlining Manpower RPO Processes.pdf
Strategies For Achieving Advantage
Strategies For Achieving AdvantageStrategies For Achieving Advantage
Strategies For Achieving AdvantageInnovator65
 
CRM Strategy
CRM StrategyCRM Strategy
CRM Strategy
Elijah Ezendu
 
crmstrategy-100104103750-phpapp02.pdf
crmstrategy-100104103750-phpapp02.pdfcrmstrategy-100104103750-phpapp02.pdf
crmstrategy-100104103750-phpapp02.pdf
etebarkhmichale
 
Gaining Greater Control Over Commodity Planning & Procurement for Manufacturers
Gaining Greater Control Over Commodity Planning & Procurement for ManufacturersGaining Greater Control Over Commodity Planning & Procurement for Manufacturers
Gaining Greater Control Over Commodity Planning & Procurement for Manufacturers
Eka Software Solutions
 

Similar to Accelerate Procurement Performance (20)

Development and Economic Analysis for Projects
Development and Economic Analysis for ProjectsDevelopment and Economic Analysis for Projects
Development and Economic Analysis for Projects
 
Stretch Ariba Commerce Strategic Procurement
Stretch Ariba Commerce Strategic ProcurementStretch Ariba Commerce Strategic Procurement
Stretch Ariba Commerce Strategic Procurement
 
World class procurement and your business
World class procurement and your business World class procurement and your business
World class procurement and your business
 
Internal analysis
Internal analysisInternal analysis
Internal analysis
 
CapitalizeFallingPrices_Benchmarking Report_March2015
CapitalizeFallingPrices_Benchmarking Report_March2015CapitalizeFallingPrices_Benchmarking Report_March2015
CapitalizeFallingPrices_Benchmarking Report_March2015
 
Source One Overview
Source One OverviewSource One Overview
Source One Overview
 
CFO Attributes
CFO AttributesCFO Attributes
CFO Attributes
 
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
Gaining Competitive Advantage through Supplier Collaboration and Supplier Rel...
 
Staying Strategic How Procurement must Change!
Staying Strategic  How Procurement must Change!Staying Strategic  How Procurement must Change!
Staying Strategic How Procurement must Change!
 
CFO Attributes
CFO AttributesCFO Attributes
CFO Attributes
 
Buckle up. Here's how to bring speed & accuracy to retail decision-making.
Buckle up. Here's how to bring speed & accuracy to retail decision-making. Buckle up. Here's how to bring speed & accuracy to retail decision-making.
Buckle up. Here's how to bring speed & accuracy to retail decision-making.
 
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
S3 Semi Final Submission - Submitted By : Akanksha Nitin Raipatrewar - From T...
 
Cloudway sipm capabilities
Cloudway sipm capabilitiesCloudway sipm capabilities
Cloudway sipm capabilities
 
Converge Advisory Group
Converge Advisory GroupConverge Advisory Group
Converge Advisory Group
 
Sirius Decisions eBook
Sirius Decisions eBookSirius Decisions eBook
Sirius Decisions eBook
 
The Ultimate Guide to Streamlining Manpower RPO Processes.pdf
The Ultimate Guide to Streamlining Manpower RPO Processes.pdfThe Ultimate Guide to Streamlining Manpower RPO Processes.pdf
The Ultimate Guide to Streamlining Manpower RPO Processes.pdf
 
Strategies For Achieving Advantage
Strategies For Achieving AdvantageStrategies For Achieving Advantage
Strategies For Achieving Advantage
 
CRM Strategy
CRM StrategyCRM Strategy
CRM Strategy
 
crmstrategy-100104103750-phpapp02.pdf
crmstrategy-100104103750-phpapp02.pdfcrmstrategy-100104103750-phpapp02.pdf
crmstrategy-100104103750-phpapp02.pdf
 
Gaining Greater Control Over Commodity Planning & Procurement for Manufacturers
Gaining Greater Control Over Commodity Planning & Procurement for ManufacturersGaining Greater Control Over Commodity Planning & Procurement for Manufacturers
Gaining Greater Control Over Commodity Planning & Procurement for Manufacturers
 

More from IHS

IHS Material Price Outlook: A 2014 Buyer’s Guide
IHS Material Price Outlook: A 2014 Buyer’s GuideIHS Material Price Outlook: A 2014 Buyer’s Guide
IHS Material Price Outlook: A 2014 Buyer’s Guide
IHS
 
Global Construction Outlook: Wage Growth, Labor Shortages and Implications
Global Construction Outlook: Wage Growth, Labor Shortages and Implications Global Construction Outlook: Wage Growth, Labor Shortages and Implications
Global Construction Outlook: Wage Growth, Labor Shortages and Implications
IHS
 
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory KingCounterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
IHS
 
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
IHS
 
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
IHS
 
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
IHS
 
Has china lost its low cost edge?
Has china lost its low cost edge?Has china lost its low cost edge?
Has china lost its low cost edge?
IHS
 
Commodities Through 2013 : Buying Opportunities, or Buyer Beware?
Commodities Through 2013: Buying Opportunities, or Buyer Beware? Commodities Through 2013: Buying Opportunities, or Buyer Beware?
Commodities Through 2013 : Buying Opportunities, or Buyer Beware?
IHS
 
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
IHS
 
Smart Grid Innovation, Interoperability, and Standards Management
Smart Grid Innovation, Interoperability, and Standards ManagementSmart Grid Innovation, Interoperability, and Standards Management
Smart Grid Innovation, Interoperability, and Standards ManagementIHS
 
Counterfeit Risk & New Defense Regulations
Counterfeit Risk & New Defense RegulationsCounterfeit Risk & New Defense Regulations
Counterfeit Risk & New Defense Regulations
IHS
 
Energy, Emissions, and Efficiency
Energy, Emissions, and EfficiencyEnergy, Emissions, and Efficiency
Energy, Emissions, and EfficiencyIHS
 
Supply Chain Risk Mitigation
Supply Chain Risk MitigationSupply Chain Risk Mitigation
Supply Chain Risk Mitigation
IHS
 
Panel Discussion - Counterfeit Electronics and the Defense Authorization Bill
Panel Discussion - Counterfeit Electronics and the Defense Authorization BillPanel Discussion - Counterfeit Electronics and the Defense Authorization Bill
Panel Discussion - Counterfeit Electronics and the Defense Authorization Bill
IHS
 
Tools and Techniques to Effectively Manage EHS Regulatory Compliance
Tools and Techniques to Effectively Manage EHS Regulatory ComplianceTools and Techniques to Effectively Manage EHS Regulatory Compliance
Tools and Techniques to Effectively Manage EHS Regulatory Compliance
IHS
 
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
IHS
 
Environmental Compliance, Risk and Product Stewardship
Environmental Compliance, Risk and Product StewardshipEnvironmental Compliance, Risk and Product Stewardship
Environmental Compliance, Risk and Product Stewardship
IHS
 
Avoiding Counterfeit Risk: How to mitigate part and supplier risk
Avoiding Counterfeit Risk: How to mitigate part and supplier risk Avoiding Counterfeit Risk: How to mitigate part and supplier risk
Avoiding Counterfeit Risk: How to mitigate part and supplier risk
IHS
 

More from IHS (18)

IHS Material Price Outlook: A 2014 Buyer’s Guide
IHS Material Price Outlook: A 2014 Buyer’s GuideIHS Material Price Outlook: A 2014 Buyer’s Guide
IHS Material Price Outlook: A 2014 Buyer’s Guide
 
Global Construction Outlook: Wage Growth, Labor Shortages and Implications
Global Construction Outlook: Wage Growth, Labor Shortages and Implications Global Construction Outlook: Wage Growth, Labor Shortages and Implications
Global Construction Outlook: Wage Growth, Labor Shortages and Implications
 
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory KingCounterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
Counterfeiting and Semiconductor Value Chain Economics - COG 2013, Mr. Rory King
 
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
Resilient Supply Chains: How to Dynamically Manage Risk, Opportunity, and Bus...
 
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
Quantifying Sourcing Risk: Building Commodity Risk Ratings to Mitigate Geopol...
 
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
Improve your Negotiating Position & Achieve Cost Savings with Supplier Cost I...
 
Has china lost its low cost edge?
Has china lost its low cost edge?Has china lost its low cost edge?
Has china lost its low cost edge?
 
Commodities Through 2013 : Buying Opportunities, or Buyer Beware?
Commodities Through 2013: Buying Opportunities, or Buyer Beware? Commodities Through 2013: Buying Opportunities, or Buyer Beware?
Commodities Through 2013 : Buying Opportunities, or Buyer Beware?
 
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
From Subscriber to Silicon: Why end-to-end technology value chain insight is ...
 
Smart Grid Innovation, Interoperability, and Standards Management
Smart Grid Innovation, Interoperability, and Standards ManagementSmart Grid Innovation, Interoperability, and Standards Management
Smart Grid Innovation, Interoperability, and Standards Management
 
Counterfeit Risk & New Defense Regulations
Counterfeit Risk & New Defense RegulationsCounterfeit Risk & New Defense Regulations
Counterfeit Risk & New Defense Regulations
 
Energy, Emissions, and Efficiency
Energy, Emissions, and EfficiencyEnergy, Emissions, and Efficiency
Energy, Emissions, and Efficiency
 
Supply Chain Risk Mitigation
Supply Chain Risk MitigationSupply Chain Risk Mitigation
Supply Chain Risk Mitigation
 
Panel Discussion - Counterfeit Electronics and the Defense Authorization Bill
Panel Discussion - Counterfeit Electronics and the Defense Authorization BillPanel Discussion - Counterfeit Electronics and the Defense Authorization Bill
Panel Discussion - Counterfeit Electronics and the Defense Authorization Bill
 
Tools and Techniques to Effectively Manage EHS Regulatory Compliance
Tools and Techniques to Effectively Manage EHS Regulatory ComplianceTools and Techniques to Effectively Manage EHS Regulatory Compliance
Tools and Techniques to Effectively Manage EHS Regulatory Compliance
 
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...
 
Environmental Compliance, Risk and Product Stewardship
Environmental Compliance, Risk and Product StewardshipEnvironmental Compliance, Risk and Product Stewardship
Environmental Compliance, Risk and Product Stewardship
 
Avoiding Counterfeit Risk: How to mitigate part and supplier risk
Avoiding Counterfeit Risk: How to mitigate part and supplier risk Avoiding Counterfeit Risk: How to mitigate part and supplier risk
Avoiding Counterfeit Risk: How to mitigate part and supplier risk
 

Recently uploaded

一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
dwreak4tg
 
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
AbhimanyuSinha9
 
The Building Blocks of QuestDB, a Time Series Database
The Building Blocks of QuestDB, a Time Series DatabaseThe Building Blocks of QuestDB, a Time Series Database
The Building Blocks of QuestDB, a Time Series Database
javier ramirez
 
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
g4dpvqap0
 
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
John Andrews
 
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdfCh03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
haila53
 
Influence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business PlanInfluence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business Plan
jerlynmaetalle
 
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
ewymefz
 
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
axoqas
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
ewymefz
 
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
2023240532
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
jerlynmaetalle
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP
 
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
ahzuo
 
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
axoqas
 
一比一原版(UofS毕业证书)萨省大学毕业证如何办理
一比一原版(UofS毕业证书)萨省大学毕业证如何办理一比一原版(UofS毕业证书)萨省大学毕业证如何办理
一比一原版(UofS毕业证书)萨省大学毕业证如何办理
v3tuleee
 
Adjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTESAdjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTES
Subhajit Sahu
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
TravisMalana
 
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
oz8q3jxlp
 

Recently uploaded (20)

一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
一比一原版(BCU毕业证书)伯明翰城市大学毕业证如何办理
 
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
 
The Building Blocks of QuestDB, a Time Series Database
The Building Blocks of QuestDB, a Time Series DatabaseThe Building Blocks of QuestDB, a Time Series Database
The Building Blocks of QuestDB, a Time Series Database
 
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
一比一原版(爱大毕业证书)爱丁堡大学毕业证如何办理
 
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
 
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdfCh03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
 
Influence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business PlanInfluence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business Plan
 
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
 
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
 
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
 
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
 
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
 
一比一原版(UofS毕业证书)萨省大学毕业证如何办理
一比一原版(UofS毕业证书)萨省大学毕业证如何办理一比一原版(UofS毕业证书)萨省大学毕业证如何办理
一比一原版(UofS毕业证书)萨省大学毕业证如何办理
 
Adjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTESAdjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTES
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
 
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
 

Accelerate Procurement Performance

  • 1. $ Accelerate Procurement Performance Consistently meet performance targets and drive value through procurement excellence. Lloyd's Risk Ranking What’s your procurement excellence strategy? Our senior procurement and sourcing customers tell us: Procurement executives have invested heavily in information management systems and policies to track purchasing activities, yet they increasingly struggle to manage costs and risks effectively. They lack visibility into material input costs, market dependencies, and drivers of volatility which dramatically impact their supply base, resulting in overspending and wasted resources. Not being able to understand and quantify price change throughout the supply chain can keep you from meeting your most important goals and leave the enterprise vulnerable to risk. “We have the strategy and we know where we need to go, but we have difficulty getting there” “We cannot afford to hire full-time market experts for one-off purchases, yet our team only has the required supply market knowledge less than 20% of the time” of CPO’s feel their teams lack the skills needed to deliver the procurement strategy Source: Deloitte has climbed from the #7 overall priority risk in 2011 to #4 today. Source: Lloyd’s Risk Index 48% of procurement professionals believe input cost, productivity, and supply/demand analysis is critical to effective supplier negotiations, yet only 39% have this insight readily available Source: IHS 77% Cost of material inputs Typical procurement teams spend 20% more time compiling intelligence data than world-class performers. 20%Source: The Hackett Group 0 5 10 Currency fluctuation Rapid technological changes Cost and availability of credit Inflation Changing legislation Excessively strict regulation Price of material inputs Cyber risk Loss of customers/cancelled orders High taxation
  • 2. IHS.com/PricingPurchasing What if you could... …drive consistency, gain insight, maximize resources? Consistently meet targets, foster organizational agility, and manage risk to maximize profitability In order to move the enterprise to the next level of sourcing and procurement results globally and deliver cost savings, procurement needs guidance and insight to build and execute sourcing strategies. The IHS advantage: • Standardize global procurement on a single, consistent pricing platform. • Access 500,000+ historic prices and 4,000+ forecasts, costs, and wages. • Leverage powerful analytical tools to use IHS insight in your processes. • Rely on recognized IHS experts to enhance capabilities of your talent. • Quantify price change and price drivers across entire supply chains. Benchmark pricing performance to increase efficiency and visibility • Meet and sustain cost savings targets. Foster agility and efficiency to maintain profitability when revenue is soft. • Move the enterprise to the next level of sourcing and procurement results globally. Develop and enable procurement talent to efficiently maximize added value. • Mitigate risk and ensure continuity of supply. Ensure credible, reliable suppliers to avoid disruption or lack of key input availability. Employ an early warning system to ensure proper back-up in cases of disruption. • Develop and enable procurement talent to efficiently maximize added value. Enable team to manage price volatility and supply chain risk for critical commodities, understand material input and supplier costs to expand margin and performance. We needed to lock in steel sheet prices for the coming year and IHS helped us save $10 million in one buy. We estimate that, on average, we save our clients 1-10% of their spend. That translates to millions in savings. “ “ 50% Best-in-class organizations are more likely to target visibility to improve their supply chain processes. $ What is the IHS advantage? IHS is more than just a data provider. We deliver actionable insights and a model-based frame- work for delivering value. Our team provides the most robust and accurate insight, analysis, and forecasts available on the market today. Source: Deloitte CPO Study