Spend and opportunity analysis
.............................................................................................................................

In support of requirements to identify and prioritise sourcing effort, we routinely undertake spend analyses for clients. Using existing data sources such as a general ledger, we are able to organise suppliers by category and expenditure to determine factors such as the level of concentration and risk to support basic category planning.

We also make use of other data sources such as contract registers to understand the breadth and depth of procurement activity in particular categories and appreciate any contractual obligations which may impact upon the potential to realise opportunities in these categories. Where appropriate, this information is supported with knowledge from semi-structured interviews which is used to understand what activity has taken place, the benefits already achieved and other constraints.

Together, this information forms the basis of the spend and opportunity assessment, with its many benefits:
        • Supports resource planning and organisational design
        • Prioritises sourcing effort to deliver benefits sooner
        • Enables effective mapping and coding of categories
        • Provides the information necessary to support compliance

Back