Spend Visibility and Analytics

Common Business Issues We Can Solve:

Shared access to centralized data is the key to achieving and strengthening the maximum benefit from supplier relationships. Without shared data, supply chain partners and companies simply can't realize the promised value of technology investments, or support effective, cross-functional decision making and internal analysis and optimization capabilities.

Companies spend 40-60% of every sales dollar on purchased materials and services. Soft costs can result in doubling purchased costs. Examples include:

Waste and misuse
Processing costs
Cost of inventory
Transportation

If disparate sources of product information exist throughout your organization, it can impact procurement, design, planning, and manufacturing. In fact, lack of global visibility of purchased goods almost certainly means fragmented procurement. At Byte Managers, we understand the reasons why companies may lack detailed spend information:

Incomplete, incompatible, and inconsistent spend and related procurement data within legacy and ERP systems
Strategic sourcing initiatives that have been impacted dramatically by lack of accurate, reliable spend visibility
Inability to locate alternates and replacement parts from preferred suppliers

We also recognize why your organization needs to:

Leverage and maintain preferred parts list for contracts/internal reuse
Seek effective categorization-accurate tracking and reporting of sales revenues, procurement, and expenses that conforms to data governance standards

Common Obstacles We Can Overcome:

No single source of unified data or parts information
Informal or fragmented corporate data governance standards
Systems not unified data standards
Prolific use of spread sheets by individual sourcing professionals
Silos of spend and sourcing data stored in corporate legacy systems

It All Boils Down To This:

You need a unified data source that drives down costs, reduces inventory, and enhances purchasing mechanics. ByteManagers can make it happen…we'll help you see your data deliver