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Virtual Assistants: Matcher & MG Prompt
SPEND ANALYSIS - TSV
TAM – Technical Attribute Management
UNSPSC Prompt
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creactives success stories
Automotive Industry
Main Figures:
Over 4,6 B€/year
Over 800.000 PO
Over 200K active items master
15 different languages
6 Different ERP
Issues:
Different Coding criteria
Categories too generic
Languages barriers
Too many Free text orders
Lack of corporate policy compliance
Inventory proliferation
Goals:
Frame Contract Management
Global Categories identification
Free text orders reduction
TSV - Spend Analysis
RECURRENT SAVING >0,83 M€/year
Elapsed: 5 months
10 days of effort from the client side
TAM - MMDM
2,6M€ potential inventory revamping
Elapsed: 6 months
30 FTE effort client side
Next step: smart material creation implementation & enrichment
Material Group Prompt
30% quality improvement in Material group categorization
Elapsed: less than 1 month
Few days of integration effort client side (webservice)
Chemical Industry
Main Figures:
Approx 0,7 B€/year
Approx 300.000 invoice lines
Approx. 70K active items master
6 different languages (including Chinese)
Issues:
Material groups in use not granular and with bad assignation quality
Different Coding criteria
Languages barriers
Lack of corporate policy compliance
Inventory proliferation
Goals:
Optimize procurement process
Identify savings
Ensure greater transparency
Avoid maverick-buying
Find double items in item master
Implement a new corporate taxonomy
TSV - Spend Analysis
Definition and implementation of a new global taxonomy within 3 months
ROI after only one tender
Few days of effort for Lenzing domain experts
TAM - MMDM
10% Material Master data reduction
Elapsed less than 1 year
Effort Lenzing side approx 40 FTE
Material Group Prompt
95% of certified correct suggestions
Few days of integration effort Lenzing side (webservice)
2 weeks elapsed
Oil And Gas Industry
Main Figures:
Operations in 14 Countries
1,5 b€ Indirect Spending
Over 100K item master
Over 6.000 Requisitioners
Issues:
No homogeneous procurement process
Lack in blanket contracts implementation
Lot of Maverick buying
Goals:
Implement a global P2P platform
Implement an user friendly e-procurement for inexpert requisitioners
Improve contract compliance
Put under control 100% of the procurement process
3SP– e Procurement
Over 60.000 orders created in the first year with less than 0,1% of process issues
Elapsed: 1 year
TAM - MMDM
Project for massive material master data cleansing starts in Q4 2016
Transport Industry
Main Figures:
Over 300Mio€ yearly indirect spend
1 Mio€ Inventory value
Over 200K item master
298 inhomogeneous commodity groups
Issues:
Categories too generic
Lack in train reference
Data quality issue
Goals:
Define a corporate taxonomy
Implement UNI-EN15380-2
Exploit existing information
Detect missing information
Find duplicates
Avoid new duplicates
Support Search (reuse)
TSV – Spend Analysis
RFQ time reduction over 70%
TAM - MMDM
Double items found in the first semester: 1 M€ of inventory value
Public Healthcare Service
Main Figures:
Third more populated region in Italy (5.7 million residents)
365K item master
>100Billions€/year
Issues:
Every hospital has a separated ERP
Materials are codified differently
Materials doesnt match with Master data Medical device/drug codes
Data quality issue
Goals:
Part number reduction
Re-use of equivalent items
Supplier codes reduction
Cost Reduction (economies of scale)
Special contracts for high rotation products
TSV – Spend Analysis
Automated continuous reporting on medical devices and drugs detecting internal best practices
TAM - MMDM
Semantic match between:
Master data and Ministry of health Medical device code
Master data and Ministry of health Drug code
Financial Industry
Main Figures:
Italy’s largest bank
11 Countries
>6 B€/year
>65K suppliers
Issues:
Segregated data
Duplicated suppliers
Lack of transparency
Classification not granular
Goals:
Centralized spend analysis of UBIS, UCB (Italia), BACA (Austria), HVB (Germany), CEE
Supplier normalization
Procurement performance tracking
TSV – Spend Analysis
Definition and implementation of a new global taxonomy within 1 year (3 waves: Italy – Germany/Austria – CEE)
Few days of effort for Unicredit domain experts
Effective Supplier Normalization (6% supplier reduction) with DUNS enrichment
Web Cockpit
Demand planning
Centralized forecast, ongoing e planned analysis
Procurement Information Tool
Data Quality
Cost avoidance
KPI tracking
Grey negotiations tracking