With ~ 70 to 75% average organizational costs associated with materials and services sourcing, procurement and inventory
“ A DOLLAR SAVED IS A DOLLAR EARNED ”
CxO’s and CFO’s always self-reflect opportunities... WHERE and HOW!!!
Spend Cube
Pioneer Applications
Critical Success Factors
Cost Metrics
Evaluation
Category Management
PiLog's low investment value analysis will enable Quick Wins to Business Transformations and Digitalization
Material Criticality = f (ABC - Spend YoY, FMSN - Pattern on consumption YoY, XYZ - Inventory Hoarding, HML - High Medium Low, VED - Criticality and Impact etc.)
Qualitative data management against standards and provisional reporting
Assessment on quality dimensions - Completeness, Accuracy, Traceability, Consistency, Timeliness, Availability, and Validity
Supply Chain (S2P) Maturity = f (cost of procurement; contract compliance; effective supplier management; standards compliance to safety, security, quality; operational efficiencies, etc.)The weights and factoring of parameters depends upon the organization, its industry segment, and the S2P category
| Key Challenges | Key Opportunities | |
|---|---|---|
| Source to Pay |
|
|
| Plan to Inventory |
|
|
| Business Partner Collaboration |
|
|
| Key Result Area | Key Performance Indicator |
|---|---|
| Contract Management | 100% Contract Compliance |
| JIT / ON Time Delivery | 95% On time Delivery
100% Delivery Quality Compliance |
| Order Collaboration | >98% Order Confirmation |
| Goods and Services Quality | >95% Quality meeting PO expectations |
| Design Collaboration | 100% Compliance to Regulatory, Safety, and Standards |
| Sourcing Collaboration | Reduce the pricing YoY by 15% A, B, C (Service Criticality) |
| Invoice Management | Reduce invoicing errors to less than 5% |
As most of the businesses are controlled by Master and Meta Management and thought leaders effective decision with Augmented Predictive Analytics, PiLog Systematic and Innovative Approach help organizations with Kaizen to Transformation !!!
A Petrochemical Major in KSA has invited PiLog and multiple other consulting leaders to identify the challenges and define problem statements in their Supply Chain Sourcing, Procurement and Inventory factors as their inventory was piling up with YoY increase in inventory hoarding, sourcing, procurement and transportation costs and increased risk of supply chain sustenance…
Download Success Stories
