Indirect Procurement Company

Professional Procurement Service | Procurement Plus

UAE Expertise - Spend Analysis

UAE Expertise - Spend Analysis

A UAE-based facilities management company sought to gain a deeper understanding of its spend across multiple regions and service categories. Engaging Procurement Plus, the company aimed to consolidate and analyze its procurement data to identify cost-saving opportunities and optimize supplier relationships. Through our comprehensive spend analysis, we provided valuable insights into their spending patterns, enabling them to make data-driven decisions, streamline operations, and improve budget allocation. This initiative helped the company achieve better financial control and enhanced procurement efficiency across its diverse 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

Our latest projects