Helping customer integrate data and streamline procurement processes
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Challenge: Integrate spend data spread across: - 11 sources and 400,000+ multiple suppliers worldwide - 14+ million complex transaction records annually - Gain consolidated view of direct and indirect spend - Transition to a web based tool for data storage and access Solution: Normalized, enriched and classified the spend data using proven proprietary process and SAP’s Business Compendium. Extracted and integrated data enabling worldwide view of spend data in a single screen, providing saving opportunity of millions of dollars, through correct classification of $ 22 billion spend data. Ongoing Data Services & Spend Optimization Training and implementation of Net Diver. Benefit: - Accurately classified heterogeneous spend data to a common taxonomy - Analyzed vendor compliance issues and price re-negotiations; accurately enriched vendor data by 100% - Integrated disparate systems over a single platform - Gained visibility into diverse spend leveraging SAP’s Supplier Business Compendium - Gained better understanding of vendor & material spend and optimized vendor base - Elimination/reduction of Travel and Entertainment (T&E) spend, across 325,000+ artists - Transitioned to a more effective and user friendly web based tool -Net Diver - reducing IT costs and worries To know more about Bristlecone services, write to [email protected] and visit www.bcone.com. To request a call back from a Bristlecone representative click here, http://www.bcone.com/content.php?pagename=CallBack
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