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Emptoris customers have delivered substantial value to their businesses with Emptoris Spend Analysis. In the area of sourcing and supply management, it commonly enables 12% cost reduction through more informed strategies, as a result of being able to:
- Identify and prioritize sourcing initiatives
- Aggregate demand across business units and geographies
- Rationalize suppliers
- Monitor for and obtain supplier rebates
- Plan post-merger procurement integration
Emptoris Spend Analysis also enables companies to monitor spending across the enterprise and:
- Reduce maverick spend
- Increase contract compliance
- Ensure budget compliance
- Reduce e-procurement bypass
- Reduce purchasing card bypass
Our customer’s results speak for themselves:
$350 million saved |
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A Global 1000 grocery retailer needed to reduce its not-for-resale costs as a percentage of sales across 1,400 stores. They used Emptoris Spend Analysis to identify new savings opportunities and save $350 million—which was vouched for by finance as hard, bottom-line cost savings. The analyzed over $4 billion that spanned across: |
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- 3.7 million transactions
- 33 currencies
- 25,000 vendors records
- 42,000 material master items
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| $40 Million Saved In Year 1 |
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A chemical company with one global instance of SAP business data warehouse thought their spend data was “beyond repair.” They needed to turn it into useful information to meet aggressive savings targets. They turned to Emptoris Spend Analysis to improve the quality of the information in their data warehouse. They accurately and granularly classified 95% of their spend and saved $40 million in the first year alone. They analyzed $6.4 billion that included: |
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- 3.7 million transactions
- 33 currencies
- 25,000 vendors records
- 42,000 material master items
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Learn More:
Register for the live Purchasing Magazine webcast: Building a Business Case for a Spend Analysis System at Your Company – June 27th, 2:00PM Eastern (11:00AM Pacific) – Hear insights from Mitch Plaat, Vice President of Procurement at Con-way Inc. and Paul Teague, Editor-in-Chief of Purchasing Magazine on how to get a new spend analysis initiative funded.
Numerous other customers have achieved comparable success. Contact us to learn more about how companies have saved millions with Emptoris Spend Analysis.
Read the case study Merger Planning & Integration with Emptoris Spend Analysis - In this disguised case study, find out how two Fortune 500 banks used Emptoris Spend Analysis to rationalize their spending and supply base to maximize savings quickly and smoothly during their merger and integration.
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