A renowned high-tech portfolio company includes intelligent cloud services, data services, and storage infrastructure that helps organizations manage applications and data everywhere across hybrid multi-cloud environments. The company’s cloud services and the world’s largest public clouds have been fostering mutually beneficial relationships ever since, well, cloud became a thing
- ~$5B Revenues
- 10+ Countries
- 20+ Industries
- 10+ Product & Services
- ~11k+ Employees
- 10+ Languages
- More than 2 Billion $ direct materials managed with less spend and cost savings visibility
- Manual process, no RFQ portal, many offline processes, multiple data sources, manual excel offline files to calculate product costs, selling price and profitability
- Cannot provide timely information for cost negotiation with suppliers for cost impact visibility
- No supplier share optimization capability and missed opportunity, savings
- No what-if modeling capability and real time analytics to support decision-making and sourcing strategy
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Demand Forecasting
Forecasting to predict future trends and changes in KPIs, and budgeting to get a roadmap for allocating resources to achieve financial goals.
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Operational Planning
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
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Marketing Performance
Proactive planning for uncertainties, enhance resilience, and adapt swiftly to changing circumstances.
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Management Reporting
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
- Implemented an enterprise cost management system that connects multiple data sources, intelligence to drive decisions that impact the bottom line
- Realtime collaboration between purchasing team and suppliers through RFQ portal for quotes and price negotiation.
- Improved procurement effectiveness and process performance with a comprehensive sourcing strategy and decision making
- Maximized productivity by automating best practice business processes, more time for purchasing and finance to manage high value and impactful activity.
- 60% improved process performance
- Near 40% cost savings in direct material procurement.
- Cost and pricing cycle reduced from 2 months to 2 weeks
- Eliminated manual process using an RFQ portal to provide timely information for negotiation and cost impact visibility
- Streamlined processes and eliminated offline processes for BOM cost, transformation cost, freight cost, and factory spend
- Enabled what-if modeling capability to support decision-making and sourcing
- Real-time data refresh for analytics and reporting to provide timely visibility