SPEND & SAVINGS ANALYTICS

Improve Performance With Spend Visibility

Leverage our data and analytics tools to have a 360° view of your spend to track KPIs, report by location, reduce inventory, and identify savings opportunities.

Michael's foods is Procure Analyitcs GPO+ client.
“Procure Analytics helps us make decisions based on data, thereby reducing the number of vendors, SKUs purchased, and our overall costs…and we are better at managing our indirect spend because of them.”
Henry Slobe
C.P.M., Strategic Sourcing Manager — Indirect & Energy
SUCCESS
INGEST & CLEANSE TRANSFORM & NORMALIZE VALIDATE & ENRICH CATEGORIZE ANALYZE

PRODUCTS What are we buying? PRICES What are we paying? VOLUME How much are we buying? SUPPLIERS From whom are we buying? LOCATIONS Where are we buying?
INFORMED
  • TRACK & REPORT REALIZED SAVINGS
  • BENCHMARK MARKET PRICES
  • MANAGE VALUE-ADD INITIATIVES

Track and Report Realized Savings

By baselining your spend when you join the Procure Analytics GPO+ program, we track your savings by suppliers and category over time.

 

Spend and savings analytics: Track and Report Realized Savings

Continuously Benchmark to Market Prices

Test pricing compared to the market using various indices and web-based price benchmarks.

Spend and savings analytics: Continuously Benchmark to Market Prices

Manage Value-Add Initiatives

Highlight missed savings opportunities and track progress on value-add initiatives, such as SKU consolidation or private label switching.

Spend and Savings Analytics: Manage Value-Add Initiatives

Strategic Procurement: Driving Savings Beyond Contracts

  • MRO

    Gain full visibility into spend and identify opportunities for cost savings while reducing the risk of maverick spend.

    Get a 360-Degree View of Your Spend

  • PACKAGING

    Improve sustainability with lower carbon footprint materials and identify opportunities for material reductions and shipping efficiencies.

    Gain Efficiencies 

  • TAIL SPEND

    Highlight consolidation opportunities across long tail suppliers, identify recurring purchases to move to preferred suppliers, and leverage Amicus as a sole source supplier.

    Learn More