SIMPLIFIED DATA, LLC
We simplify and improve business processes & business data
Please see our Contract Management Services Please see our Negotiating Services
Simplified Data provides the best practices and innovations in strategic sourcing, global sourcing, procurement, and supply chain management, including: procure-to-pay, procurement management, global sourcing, sourcing for lean Six Sigma organizations, outsourcing procurement, supplier management, supplier performance, and spend management for direct materials and indirect materials.
We develop and propose strategies for commodities, perform market research and determine savings opportunities. We provide sourcing spend analytics. We lead supplier selection processes and make recommendations based on qualitative and quantitative analysis. We negotiate contracts directly with suppliers. We works closely with you and the various business functions within your company to understand needs and obtain the best value proposition from suppliers. Simplified Data also performs vendor performance monitoring and evaluation activities.
Client Objective
Implement strategies to deliver increased savings and efficiencies
Issues and Challenges
» Cost reduction initiatives not effective enough
» Delivered quality below customer expectations
» Order processing, sourcing, procurement and supply chain not meeting expectations
» Poor supplier performance or year over year improvement
Service Offerings
» Spend analysis and current state assessment leading to identification of savings opportunities that increase margins and profits
» Analyze and improve end to end requisition to pay processes, eliminate non value added activities, redesign processes, roles, systems, metrics
» Assess the current state including all spend categories, organization, skills and capabilities of staff, systems and software, metrics and reporting, quality, cycle time, performance gaps, continuous improvement, sponsorship and steering team involvement
» Provide assistance to category teams including qualifying bidders, developing bid packages, reviewing contract terms and conditions, analyzing bidder proposals, evaluating proposal responses, negotiating with bidders, assisting to select the winning bidder and leading transition teams to implement the new services agreement.
» Evaluate outsourcing opportunities, define requirements, develop bid packages, qualify outsource providers, review terms and conditions, assist with negotiations and selection, and lead transition teams.
Assess and Improve Supply Chain Components
» Strategy, planning and forecasting
» Sourcing and supplier management
» Production and operations
» Distribution
» Transportation
» Customer service and value delivery
Typical Procurement and Supply Chain Performance Improvement Approach
» Mobilize: define objectives, develop approach and work plan, communicate
» Analyze: demand and supply forecasting, spend, supply base, systems, SME interviews
» Design: current state, future state, develop implementation plan, obtain approval to proceed
» Implement: strategies, policies, processes, systems
» Monitor: measure, trend, identify gaps, modify and correct, reward
Examples of Results Delivered
» Analyzed $168 million in indirect spend across 16 categories including outsourcing for print, accounts payable, IT and recruiting. Generated savings of $7.4 million, 13% of $59 million addressable spend. Met expectations for a very demanding steering team.
» Prepared $3.5 billion consumer services firm for IT and business process outsourcing and reengineering initiatives. Integrated change management and project management.
» Led transition from legacy to custom software as part of a $300 million outsourced contract serving 15,000 stations across Europe, Asia, and South America.
» Doubled savings to $140 million for US and European sourcing and procurement for global professional services firm.
» Implemented supplier performance improvement program that delivered $4.2 million savings in North America and
Simply contact us now to discuss!