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.
- Categorisation to a taxonomy to gain visibility of sourcing opportunities
- Low data quality
- System alignment to client’s standards
- Supplier analysis
- Spend analysis
- Savings scenarios
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