When is the last time you stopped to pick up a penny? Your business’s indirect spend has millions of pennies on the sidewalk, there for the taking and saving. However, if you are lacking a comprehensive way to see your organization purchasing functions – it’s impossible to effectively coordinate where to focus your efforts to capture these savings.
Today, complete visibility and full control over indirect material expenditures are possible to manage when the right tools are leveraged. Our proprietary Dynamic Procurement portal, a collaboration between Baker Tilly and DSSI, a leading procurement services company focused on indirect materials and services, quickly shows what savings are being left on the table.
We understand indirect spend is a small percentage of your overall costs, but given a disparate organization buyer base – it continues to be the hardest area to hold the line on for savings.
With speed of insight, tied to an actionable e-commerce catalog price, you can understand the value being missed daily. Our Dynamic Procurement portal delivers the following:
Our Dynamic Procurement portal was built to allow anyone to upload historical spend information and quickly receive an objective view of where savings could be obtained from our team.
Our proprietary processes and technology steps include the following approach and steps:
Watch our short video as we demonstrate the process for how to access the portal and upload your data file.
We have a short video to demonstrate the process for how to access the portal, and upload your data file. Once uploaded, our procurement specialist will review your savings information with you.
We would need manufacturer name, item number, last paid purchase price and the frequency of purchase over the last year.
Our solution does not outsource. A managed procurement service like this is intended to extend the resources of your current procurement team by giving them an efficient way to find in one area what they use the most of. Although we have preferred suppliers and industry-leading e-procurement tools, our approach is both system and supplier-agnostic. This allows us to align with your company’s strategy and needs while also providing the tools, people and processes that create structure in indirect materials procurement.
Our service model allows for centralized strategy with local execution. Our buyers are dedicated to customer sites and are there to help them buy what they need when they need it. If the site directs us to buy from a particular supplier or distributor, we have the ability to quickly set up new suppliers, process POs on behalf of the site and create the item master discipline that’s critical in obtaining full spend visibility, regardless of the source. Category Managers also align with the site during the implementation phase to understand local service needs related to Vendor Managed Ordering (VMO) programs, vending requirements or other services traditionally performed by the supplier. We only enhance this process by facilitating a “Meeting of the Minds” process in which the supplier and the site both document the need and sign off on it so performance can be measured alongside spend and savings results.
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