A.N.I.T.A. - Data-Driven Procurement Strategies
Business problem
For global corporations and shared service centers (SSCs), procurement departments often face challenges in consolidating expenditures into a unified view at the supplier or item level. This limitation hinders companies during negotiations with suppliers. Manual consolidation of procurement data across the company using Excel spreadsheets is time-consuming, inefficient and prone to inaccuracies.
Business objective
As technology and data analysis capabilities continue to evolve, procurement departments in large companies have more and more opportunities to make more informed decisions than ever before. By analysing their data, companies can develop data-driven sourcing strategies that can revolutionise their procurement processes.
Solution
ANITA's artificial intelligence can:
Consolidate a large part of your procurement data;
Create consolidated supplier and expenses master data;
Give you insights by analysing expenditures in a single view.
We can find answers to questions such as:
How much cost savings can be achieved with centralised purchasing?
How much do we spend on the same supplier (group of companies)?
What categories do we purchase from different suppliers?
Business benefits
The benefits that can be achieved through data-driven procurement strategies implemented with ANITA:
Better decision making
Purchasing cost savings
Improved supplier relationships
Increased efficiency
improved compliance
