Procurement Intelligence

ProintelLabs is a dedicated team of real-worldprocurement and supply chain researchers, engineers, analysts and strategists that connect the power of information to help you make a difference in your procurement decisions.

Our best-in-class Procurement Intelligence Solutions collates the data from authentic sources across the supply chain, understanding the precise need of the market using a huge array of third party, open source and company information sources to deliver tailored outputs that allow fast and effective procurement decision making that provides a better understanding of savings performance, supplier mix and commodity price trends

Our Offerings

  1. Spend Intelligence:

For better sourcing and supplier decisions we identify, gather, clean, group, categorize and analyse organizations spend data with a goal of decreasing procurement costs and improving efficiencies.
Using real-time data and analytics we will develop customised Spend Data Dashboard that will give the real-time insight to save money and gain efficiency.
Some of the most common spend analysis metrics and KPIs dashboard we developed include
a. Number of suppliers by category
b. Spend by category
c. Material prices
d. Material price changes
e. Number of transactions by category/ commodity
f. Key figures and reports regarding compliance
g. Spending distribution of the key customers
h. Total expenditure by supplier
i. Average purchase order value
j. Payment terms and conditions
k. Number of transactions
l. Transaction distribution by currency type
m. Spend by procurement function

   
   2. Supplier Intelligence:
Our Supplier Intelligence Solutions support you in:
a. Identify savings opportunities

b. Align and streamline procurement processes

c. Full visibility on procurement spend

d. Manage risk to ensure compliance

e. Evaluate supplier performance

f. Benchmark performance internally or with peers
g. Data-driven strategic sourcing

  • Supplier Market Bench marking:

We compare procurement prices to market indexes which offers a new way to investigate the procurement performance.
Our Procurement Benchmarking Solution helps you to get how your Procurement KPIs relate to the outside world

  • Supplier Ratings and Compliance:

Our unique “Descriptive Supplier Score Cards”help in identifying the best times and areas to run sourcing events and requests for proposal.
It will further identify which suppliers to include in your sourcing projects and provide rich information into supplier’s quality and risk positions for strategic sourcing decisions.

  • Comparative Analysis:

Comparative analysis provide salternating sourcing strategies to minimize the related risk and maximize profits.
Procurement metrics and key performance indicators (KPIs) dashboard provide organizations with quantifiable values to measure their performance and accordingly guide their own procurement strategies.

 

     3. Supply Chain Risk Management:
We develop supply chain dashboards, with highly customizable and standardized key performance indicators (KPIs) and metrics that allow you efficiently review of supply chain operations throughout the chain, across regions, business units, brands and channels.
Our multi-tier supply chain mapping processes monitor supplier risk, market risk, supply chain location risk and category monitoring which includes internal and external procurement performance monitoring.

Category Intelligence:

Category Intelligence is understanding the scope and breadth of the category which answers the questions like are you buying similar goods and services from too many different vendors?

This type of analysis is built on hierarchies, and the spend transactions are categorized into the most appropriate category. The reporting allows exploring the spend in the defined spend category hierarchy, which in turn allows you to identify spend leakage issues if any.

   4. Demand Planning Intelligence:

We analyze the supply chain ecosystem that assesses the in-depth category risk, supply-demand dynamics, market dynamics, price drivers and its volatility and market demands.
Using a model-based benchmarking approach to assess detailed forecast and actual order transaction data to propose the demand planning policies, approaches, and techniques.

      Benefits of using Nisuslabs Prointel Service:

  • Support you in preparation of product marketing dashboards, marketing program KPI dashboards and sales dashboards
  • Channel partner selection, planning and operations
  • Uses latest analysis tools and authentic data sources