UAE Expertise - Spend Analysis
We enabled a UAE based facilities management compnayto gain an in depth understanding of their spend across multiple regions and categories
A UAE based provider of facilities management. engaged Procurement + to align and better understand its spend across multiple regions.
Opportunity
- – Categorisation to a taxonomy to gain visibility of sourcing opportunities
- – Low data quality
- – System alignment to client’s standards
Outputs
- – Supplier analysis
- – Spend analysis
- – Savings scenarios
Outcomes
Best-practice taxonomy
Optimization of suppliers
Saving opportunities
Best-in-class contracting models
- – 90%+ of addressable spend was analyzed and categorized
- – It was identified that the total number suppliers can be optimized by 66%
- – Identified the opportunity of 9% savings
- – Identified he need for Multiyear framework agreements to improve efficiency, synergies and partnerships with suppliers
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