Download as PDF, PPTX
Uploaded byAnaplan
Spend Analysis
The document discusses how spend analysis using Anaplan's connected planning platform can help align procurement strategies between the Chief Procurement Officer (CPO) and Chief Financial Officer (CFO) by uncovering hidden cost savings within the procurement process and supply chain. It provides examples of dashboards and models that categorize spend data to identify areas for cost reduction, supplier performance improvement, and cash flow optimization across categories like travel, IT, and indirect spend. Connecting procurement planning with financial planning can help formalize the CPO-CFO partnership and quantify over $1 billion in potential savings for large companies like Kraft Heinz and NASA.
More Related Content
Spend Analysis
- 1. Supplier Spend Analysis ConnectedPlanning for Sourcing & Procurement
- 2. Introduction to Vuealta Anaplanin our DNA: We are an Anaplan-only services firm and don’t work with a portfolio of overlapping, or competitive, technologies Global: We are multinational with offices in AMER, EMEA and APAC; the only Anaplan consultancy set-up to support global customers in this way. Connected: We are experienced in multiple use cases across supply chain, finance, sales, and HR The company we keep; a selection of our customers Global consultancy focused on helping organizations with their planning, modelling and data analysis needs
- 3. CPO focus toCFO • Cost Savings & Avoidance • Supplier Performance • Supply Chain Risk Mitigation CFO focus to CPO • Bottom-line Savings • Hard Profit-and-loss Results • Improved Cash Flow 3 Strategies for Alignment § Anaplan’s Connected Planning helps formalize the CPO to CFO partnership § Uncover hidden cash reserve that are trapped within the Procurement process § Executive dashboards that help quantify hard cost savings and operational performance Connecting the CFO and CPO
- 4. Chief Procurement Officer(CPO) Focus Areas HIGH HIGH Disposal of assets Mergers and acquisitions New product development Sustainability Sustainable sourcing Increased cash flow Product quality / customer service Employee engagement Operational efficiencies Value beyond Savings (Cost Avoidance / Soft Savings) Hard Dollar Cost Savings IMPORTANCE PERFORMANCE Spend data is a critical enabler for virtually every focus area 10 8 6 4 2 0 2 4 6 8 10 Source. Procurement Leaders | Annual CPO Study 2020
- 5. Automatically collecting, cleansing,classifying and analyzing supplier expenditure data with the purpose of decreasing costs, improving efficiency, monitoring controls and compliance, and predicting future spend scenarios. Customer Focus Areas • Align Procurement Plans • Reduce Rogue / Off-Contract Purchases • Concentrate Supplier Volumes • Maximize Supplier Value & Performance • Forecasting Future Savings • Total Cost of Ownership (TCO) Analysis • Reduce Risk / Exposure Spend Analysis
- 6. Pre-COVID Spend Trackingmust be revisited Kraft Heinz Chief Procurement Officer… expects changes in procurement practices to contribute $1.2 billion in savings across the supply chain over five years. Procurement at NASA also is going through a transformation as the agency has been shifting more to enterprise- wide buying … “It is about creating a baseline of our spending,” Source. Supply Chain Dive and Washington Technology / Disclaimer: Kraft and NASA are not Customers
- 7. Procurement Fundamentals Procurement Catalysts Procurement Insights for Procurement & Sourcing Project Procurement Planning Spend Analysis Logistics &Freight Optimization Category Planning Supplier Collaboration Contingent Workforce Planner Value Realization / Benefit Tracking Procurement Operations Planning Contract Governance Risk, Compliance & Regulatory Inventory Management & Optimization Sourcing & Quotation Supplier Pricing Analysis Supplier Segmentation with AI Supplier Onboarding Payment Workflows Supply Chain Management Supplier Performance Management
- 8. Spend Analysis –Landing Page Customer Demo Model for Connected Procurement Planning Sourcing & Procurement Anaplan Company Confidential
- 9. Spend Analysis &Benchmarking - Travel Customer Demo Model for Connected Procurement Planning Sourcing & Procurement Anaplan Company Confidential
- 10. Spend Analysis &Benchmarking – Information Technology (IT) Customer Demo Model for Connected Procurement Planning Sourcing & Procurement Anaplan Company Confidential
- 11. Spend Analysis –Cost Categorization and Supplier Segmentation Customer Demo Model for Connected Procurement Planning Sourcing & Procurement Anaplan Company Confidential – Internal Only
- 12. CONNECTED PLANNING Compensation Modeling Incentives & Rewards Sales & Operations Planning Supply Planning Supplier Collaboration Demand Planning Sales Forecasting Quota Modeling Territory Planning Marketing Performance Pricing& Promotions Balance Sheet & Cash Flow Income Statement Forecasting Revenue & OpEx Planning Workforce Planning Talent Strategy Long Range Planning CapEx Planning Sales Human Resources Finance Supply Chain The Honeycomb Effect of Connected Planning across the enterprise for faster, better decision-making
- 13. Contact us forfurther information London | New York | Singapore | Sydney | Helsinki | Stockholm | Rotterdam Follow us @vuealta Adam Bimson Adam.bimson@vuealta.com