Some of our competitors call these services an "opportunity assessment", because they are trying to understand their own consulting revenue opportunity. Their services are intended to lead to subsequent consulting work. Strategic Procurement Solutions has created a suite of analytical tools that empower our clients to improve their supply-management operation…regardless of our subsequent involvement. We regard this as a stand-alone project that provides valuable information to our clients:

A Procurement Scorecard Analysis performed by our firm provides a client with the following services:

• Enterprise Expenditure Review - We have formed an association with the provider of one of the most technology-advanced analysis software systems. At a nominal cost to our clients, we are able to take data from the client's legacy system Purchasing, Accounts Payable, General Ledger, and pCard databases…across multiple company and/or divisional lines, and combine that into a single data "cube" for analysis. The analysis then uses a "grammar-based" search-engine approach for each transactional description, and finally sorts expenditures into recognized SIC/SKU categories. The client's supplier listings are scrubbed against a database that identifies/consolidates "parent/child" relationships and redundant supplier listings. The hard-data result of this analysis is further refined by our project leaders, who apply our industry knowledge to the results to provide insightful reports and observations.
  
  
• Scorecard Report - We spend quality time interviewing the client's key procurement stakeholders, reviewing acquisition processes, and understanding sourcing history. With this information, coupled with the results of the Enterprise Expenditure Analysis, we prepare a report that summarizes the client's growth potential in the following areas of performance: (1) Supply Strategy, (2) Organizational Effectiveness, (3) Expense Base Impact, (4) Meaningful Metrics, (5) Sourcing Practices, (6) Supplier Management, (7) Internal Customer Relationships, (8) Professional Skill Development, and (9) Technology Tools. This report benchmarks the client's performance in each area, against "best practices" utilized by other supply-management organizations. The information is arranged to provide the client with a "menu" of meaningful concepts they can implement.
  
  
• Category Sourcing Identification - This portion of our analysis is often of most interest to senior executives. Based upon our findings in the Enterprise Expenditure Analysis and Scorecard Report stages, our team works with the client to identify the opportunities for strategic sourcing that will yield the most impressive savings to their organization. In selecting opportunity categories, factors we consider include: Dollars spent, Transactional volume, Supplier fragmentation, Known information about current suppliers, History of sourcing, Methods & strategies, Dollars under "sourced" contracts, Volume trending, and Process efficiencies. We then provide the client with a basic strategy for each targeted commodity grouping, an estimated savings target, and coaching on how to initiate the process. Of course we're happy to assist the client in leading their sourcing efforts, but our deliverables will provide them a strategic roadmap to perform projects themselves, if so desired.