Companies today are generating significant shareholder value and having a measurable impact on earnings-per-share (EPS) by leveraging Emptoris’ supply and contract management solutions to identify and realize substantial bottom-line savings, manage compliance, mitigate risk, and increase revenue. A key to having EPS-level impact is to shift your program into overdrive—move from localized, category-specific successes to address all spend, contracts, categories, and suppliers globally. In support of that goal, a core tenant of Emptoris has always been to empower you to be self-sufficient with innovative tools that help you deliver unprecedented value to the business.
The potential impact on the business is significant; as the AberdeenGroup has measured, best-in-class companies perform significantly better on a number of key procurement metrics. The Overdrive program helps you make your program best-in-class and achieve this level of success, and beyond.
Benchmarking Assessments: Structured assessments that benchmark supply management programs against standardized models and other organizations. An output of the assessment is a summary of key opportunities for improvement. The assessment rates your performance along a number of key dimensions:
- People
- Technology
- Process and controls
- Activity
- Results
- Awareness
Tools: Software add-ins that provide additional functionality based on the Emptoris Integration Framework. The first component is the Add-In for Emptoris Sourcing that empowers sourcing managers to work more efficiently and effectively. The Add-In integrates with Microsoft Excel, provides value throughout the sourcing process, and is easy to learn and use. The Add-In was developed by Emptoris Consulting and has been used since January 2005 on dozens of sourcing projects of various size and complexity. With it, Emptoris Sourcing users will:
- Improve adoption and satisfaction
- Improve efficiency and consistency
- Realize even better sourcing results
Community: The community elements of the Emptoris Overdrive program are designed to promote knowledge sharing among Emptoris customers and between Emptoris Consulting and customers. The program includes Web-based forums for customers to share insight and best practices.