Banking & Capital Markets, Business Services, Consumer Products, Energy & Resources, Hospitality, Insurance, Life Sciences & Healthcare, Manufacturing, Media & Communications, Other, Retail, Technology & Software, Telecom, Travel & Entertainment
There is extreme pressure on Procurement to identify, track, and realize savings related to money spent with suppliers and third parties. Unfortunately, many teams lack robust software for planning and tracking savings, instead working across industrial spreadsheets trying to stitch together a story of credible and impactful savings across the company.
Together, Slalom and Anaplan developed a solution to unlock hidden savings with the Procurement Savings Planning and Tracking Model. Procurement can now identify, track, validate, and record savings across an organization, business lines, products, suppliers, and geographies.Request a demo
Uncover savings in procurement
The goal each year for procurement departments is to reduce costs for their companies.
The ways these goals are created for each company often varies between internal groups and teams. We often see dozens of different spreadsheets and formats across a single organization, all being tracked separately, and then eventually aggregated via email.
These practices make tracking and reporting on savings plans and achievements difficult, leading to inaccuracy, delayed information, and unverified results. Customers both in and out of procurement can benefit from having a way to plan and track savings in a unified and streamlined set of dashboards.
The Procurement Savings Planning and Tracking Model works to remedy these issues by providing a single source to identify, track, validate, and record savings across an organization, business lines, products, suppliers, and geographies.
Targeted business outcomes:
- Unified Anaplan model for planning, tracking, and reporting procurement savings across a company
- Improved transparency and accountability on savings commitments.
- Objective oversight and validation of realized savings.
- Visibility into supplier historical performance that drives future improvements.
- Robust processes and communication strengthens buyer/supplier relationships.
- Real-time connectivity to other Anaplan finance and/or supply chain models.