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Emptoris Spend Analysis

   

Emptoris customers have delivered substantial value to their businesses with Emptoris Spend Analysis. In the area of sourcing and supply management, it commonly enables 12% cost reduction through more informed strategies, as a result of being able to:

  • Identify and prioritize sourcing initiatives
  • Aggregate demand across business units and geographies
  • Rationalize suppliers
  • Monitor for and obtain supplier rebates
  • Plan post-merger procurement integration

Emptoris Spend Analysis also enables companies to monitor spending across the enterprise and:

  • Reduce maverick spend
  • Increase contract compliance
  • Ensure budget compliance
  • Reduce e-procurement bypass
  • Reduce purchasing card bypass

Our customer’s results speak for themselves:


$350 million saved
A Global 1000 grocery retailer's results with Emptoris Spend Analysis A Global 1000 grocery retailer needed to reduce its not-for-resale costs as a percentage of sales across 1,400 stores. They used Emptoris Spend Analysis to identify new savings opportunities and save $350 million—which was vouched for by finance as hard, bottom-line cost savings. The analyzed over $4 billion that spanned across:
 
  • 3.7 million transactions
  • 33 currencies
  • 25,000 vendors records
  • 42,000 material master items
$40 Million Saved In Year 1
A chemical company's results with Emptoris Spend Analysis A chemical company with one global instance of SAP business data warehouse thought their spend data was “beyond repair.” They needed to turn it into useful information to meet aggressive savings targets. They turned to Emptoris Spend Analysis to improve the quality of the information in their data warehouse. They accurately and granularly classified 95% of their spend and saved $40 million in the first year alone. They analyzed $6.4 billion that included:
 
  • 3.7 million transactions
  • 33 currencies
  • 25,000 vendors records
  • 42,000 material master items

Learn More:

Emptoris invites you to learn more about the Emptoris enterprise spend analysis solution through the following content:

On Demand Webcasts

Building a Business Case for a Spend Analysis System at Your Company

In this webcast, hosted by Paul Teague, Editor-in-Chief of Purchasing Magazine, hear Mitch Plaat, Vice President of Procurement at Con-way Inc. and Bill DeMartino, Director of Spend Analysis at Emptoris, share their insights on how to get a new spend analysis initiative funded at your company.

Books and Whitepapers

“Spend Analysis: The Window into Strategic Sourcing” – Co-authored by by Kirit Pandit and Dr. Haralambos Marmanis, this comprehensive book on spend analysis provides a complete overview of spend analysis best practices and technologies, including dozens of case studies of spend analysis implementations at leading global companies.

“High Performance Through Procurement: The Role of Technology” – Co-authored Emptoris and Accenture, this whitepaper highlights the processes and technology that businesses employ to become procurement masters.

For additional data about how companies benefit from Emptoris technology, visit our newsroom.

 

 

 



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