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As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
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To know more about our individual services, refer our section below:
As a management consulting company our focus is on improving the buy side of your supply chain, and so all our services are also aimed at helping you achieve your procurement organization KPI’s. As your partner usually when we engage with our clients the first step is to thoroughly review the systems and the data that is available for the procurement department to measure ongoing performance. It all can start with Item Master Preparation and Cleaning, or else if the related things are in place we start with spend classification and dashboard tool preparation. This tool will allow you to review your entire spend and will help you get answers to where you are spending, at what price, which are your high spend vendors and many other insights can be derived. The next logical thing is to conduct opportunity assessment, this is all about preparing a 6 monthly wave plan listing categories that would be challenged. Using our proprietary framework we are also able to accurately estimated the savings that can be achieved, our output at this stage is in form of a bubble chart, which is presenting the opportunity in form of savings potential across ease of implementation for all the categories in scope.
Once the categories are identified we undertake end of strategic sourcing projects and to ensure the reported savings are realized we also perform savings compliance. In addition to our services aimed at reducing cost we also help our clients with achieving their CSR (Corporate Social Responsibility) goals. We can develop customized programs for Supplier Diversity as well as for Sustainable Procurement.
To know more about our individual services, refer our section below:
Spend analysis is the process of data collection, collation, cleaning, taxonomy preparation, classification, and finally analysis to identify.
Procurement Intelligence is the process of gathering and analyzing information relevant to a company’s supply markets specifically for the purpose..
Supply chains are becoming more and more complex with rapidly changing product configurations, unforeseen supply disruptions, and marketplace fluctuations.
Strategic Sourcing is a proven approach for executing sourcing projects. During every step, the emphasis is to make decisions based on market intelligence..
These are rather very competitive times for all players in almost all industries. Therefore, the pressure to remain competitive and reduce costs is very high.
Supply chains are becoming more and more complex with rapidly changing product configurations, unforeseen supply disruptions, and marketplace fluctuations.
Sustainable Procurement is looking beyond the traditional financial evaluation, it involves taking into consideration the environmental goals and social benefits.
The supply chain is the backbone of any business and suppliers are the starting point. Any discrepancy at this pivotal point can damage, disrupt or bring..
The spend that forms relatively less proportion in total spending but the volumes and suppliers are high, is categorized as Tail spending. In many cases..
There are many Direct and Indirect categories with a large number of SKUs and Line Items. So when the Strategic Sourcing projects are completed for.
In today’s data-driven business landscape, clean and accurate data plays a crucial role in ensuring smooth operations, informed decision-making, and overall efficiency.
Welcome to EmpoweringCPO, Where collaborative buying isn't just a concept; it's a strategic approach that transcends industries, delivering collective advantages to organizations worldwide.
These are quite recently the absolute most normal inquiries we get inquired.
At EmpoweringCPO, we’re not just a procurement service provider; we’re your strategic ally. With a suite of offerings—from strategic sourcing to procurement analytics—we prioritize your organization’s unique needs, ensuring every procurement decision is smart, strategic, and sustainable.
Your aspirations drive us. Each service, whether it’s spend analysis or supplier risk management, is molded to resonate with your specific goals. Our commitment is to provide bespoke solutions that align with your vision and challenges.
We share your commitment to a greener future. Our sustainable procurement practices ensure not just cost efficiency, but also ecological responsibility. Together, we’ll make choices that benefit your organization and our planet.
Knowledge is the compass for strategic procurement. Leveraging procurement analytics, intelligence, and custom dashboards, we bring clarity and foresight into your procurement processes. With us, you’re not just making decisions; you’re crafting a vision.
Diversity is strength. Our supplier diversity program is designed to widen your horizons, connecting you with a rich tapestry of suppliers from varied backgrounds. It’s about procuring with inclusivity and purpose.
Our name speaks for our mission – empowering Chief Procurement Officers and their teams. We stand out through our personalized solutions, industry insights, and a relentless pursuit to optimize your procurement, ensuring it adds value beyond savings.
From ambitious startups to global frontrunners, our clientele spans various industries. They all share a vision: procuring with purpose and efficiency. They choose us because we don’t just offer services; we craft bespoke procurement experiences.
Savings matter, but not at the expense of value. Our strategy is rooted in understanding the intricacies of your business. Through keen analysis and leveraging our vast industry know-how, we identify avenues for savings that elevate, not diminish, your procurement’s quality.
Your trust is sacred. We harness state-of-the-art security protocols to ensure that your data isn’t just safe; it’s treated with the reverence it deserves. With EmpoweringCPO, your data is in trusted hands.
Beginning with us is straightforward, but the impact is transformative. Reach out through our Contact page or at sales@empoweringcpo.com, and let’s pave a path to procurement excellence together.
Every saving forecasted should translate into reality. Our savings compliance tracking closely monitors and validates realized savings against projections, ensuring transparency, accountability, and confidence in your procurement strategies.
Absolutely. We believe in the unique potential of each organization. Share your aspirations, and we’ll craft a procurement narrative that’s exclusively yours, resonating with your goals and ethos.
We’re with you. Beyond strategies, we impart knowledge. Dive into our workshops and training modules designed to kindle the procurement genius within your team.
Data is a goldmine when understood. With our procurement analytics, we turn your raw data into actionable insights, highlighting opportunities for cost savings, efficiency improvements, and strategic decision-making.
In a global marketplace, knowing where to source is as crucial as what to source. Our best cost country sourcing identifies optimal sourcing locations based on quality, cost, and risk, ensuring your global operations remain competitive and resilient.
Uncertainties demand vigilance. Our supplier risk management actively monitors, evaluates, and strategizes against potential supplier risks. From geopolitical changes to supply chain disruptions, we help you stay a step ahead, ensuring continuity and stability.
An optimized item master is foundational for efficient inventory management. We refine and standardize your item data, leading to accurate tracking, reduced redundancies, and a smoother procurement lifecycle.
Procurement intelligence goes beyond traditional market research. It offers tailored insights specific to procurement activities—supplier landscapes, pricing models, and risk assessments. With EmpoweringCPO, you get actionable intelligence designed to optimize and elevate your procurement decisions.
Our custom dashboards and tools offer a holistic view of your procurement operations at a glance. By integrating real-time data, performance metrics, and analytical insights, they empower your team to make informed, agile decisions, driving efficiency and value.
Consider us an extension of your team. Our managed procurement service handles the intricacies of your procurement processes, from sourcing to payment. By leveraging our expertise, you gain the freedom to focus on core business functions while enjoying enhanced procurement efficiency.
Supplier diversity enriches your supply chain by integrating businesses from varied backgrounds, ensuring inclusivity. This not only promotes innovation and resilience but also positions your organization as a forward-thinking, socially-responsible entity.
Savings projected after strategic sourcing project should mirror savings achieved and reaslized. Our savings compliance tracking ensures this by validating and monitoring realized savings against set benchmarks and projected savings, infusing transparency and confidence into your cost-saving endeavors.
Compliance management is very critical as otherwise the procurement organization may run into a scenario where there is a huge gap between realized savings and reported savings. Many procurement functions estimate large savings numbers when contracts are signed. They also invest significant time and effort in negotiating contracts for necessary goods and services, only to have a third or more of their purchasing dollars flow outside those deals. Some of the obvious fall-outs of non-compliance and maverick purchases are:
As compared to the current contract that was finalized after the sourcing process, the tool helps in tracking:
The objective of this tool is to ensure that the orders are placed only with the vendors that were shortlisted after the sourcing process and at the same price that was agreed upon and negotiated during and after the strategic sourcing process.
