Spend Analysis Solution for Manufacturing Industry

Cost pressures always loom large on procurement organizations that have resulted in a greater emphasis on optimizing spend across the enterprise. However, there is a renewed focus today on moving beyond only cost reduction to true strategic sourcing. As both suppliers and procurement organizations become more global and distributed, gaining actionable insights based on aggregated spend information across multiple organizational units becomes critical. Organizations are therefore looking at better ways to analyze total spend, so that, they can segment data into meaningful categories, locate opportunities for rationalization, bring more items under negotiated contracts, benchmark spending against commodity price trends and manage risks related to supplier performance. Armed with such information enterprises can not only optimize spend, but also make better long term strategic sourcing choices. Such insightful information can be derived only when organizations have single coherent view of spend data across the enterprise. However, disparate data sources; inaccurate and incomplete spend data; incongruent naming conventions; ineffective analysis tools are some of the key hurdles faced by organizations today. Recognizing the importance of reliable and complete spend information, MindTree offers a comprehensive Spend Analysis Solution, based on its RUBIC (Re-Usable Business Intelligence Components) Framework. This solution provides the necessary foundation for procurement organizations seeking to make better, more informed sourcing decisions, and can directly contribute to the organizations profitability.

RUBIC is a codified set of logical, functional and technology components that enables various aspects of a Business Intelligence (BI) & Data Warehouse (DW) implementation. This Solution Accelerator has been built based on MindTree's experience in implementing more than eighty (80) complex BI/DW solutions. RUBIC reduces the time to value for BI/DW solutions by as much as 40% and significantly improves solution quality.

Spend Analysis Solution

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MindTree, backed by its experience and understanding of spend management in the manufacturing industry offers a Spend Analysis Solution that significantly reduces the time-to-value. The solution consists of three main layers:

Business Benefits
Spend Volume Aggregation:
The solution helps aggregate spend related information across different geographies and business functions.

Data integration layer # Consolidates data from various transaction systems # Contains pre fabricated, yet customizable, data model # Provides tool set to accelerate BI solution development and
implementation. (Generic Fact Loader, Test Data Generator, Data Sift, Time Dimension Modeler)

Supplier Rationalization:
Helps organizations rationalize suppliers and leverage scale.

Contract Compliance:
Tracks contract compliance and reduces maverick spend.

Intelligence Layer # Contains spend management specific KPI Catalogues # Provides logic to develop data analysis cubes and an alert engine Presentation Layer # Enables intuitive information delivery in the most relevant and user
friendly way

Part Standardization:
Identify potential for parts to be standardized which helps further aggregate volumes and reduce inventory.

Requisition to Pay process improvement:

Tracks various stages of the procurement process from requisition to payment and helps reduce the overall cycle time and optimize cash flow.

# Contains multiple templates for dashboards and static reports for

structured analysis

# Provides ability to create ad hoc reports for deeper unstructured

analysis

# Interactive rich data visualization components (GIS Maps, Bubble

Charts)
RUBIC Supplier Intelligence Solution from MindTree, has had a major impact on a brewer in India. RUBIC (Re-useable Business Intelligence

# Enables information delivery leveraging multiple technologies

(Portals, Customized Emails) MindTree's Spend Analysis Solution is technology agnostic and can be implemented on any platform including SAP, Oracle, Microsoft or IBM. Leading Manufacturing companies such as Unilever, Sonoco, Paccar, United Breweries (UB) have leveraged Spend Analysis solutions from MindTree to enhance their business performance. MindTree's consultative approach, with in-depth understanding of the domain, will help you unlock the potential of your organization's data to support quick and effective decision-making.

Components) assisted the brewer on improving its bottling profitability. Reviewing all dimensions of its spend, including product data and bill of materials, made a significant impact to profit. The brewer is now using the tool continuously and making even more adjustments that are meeting the CPOs objectives of cost containment and reduction while ensuring reliable supply.
AMR Research, Alert Article - Spend Analytics Technology--Mastering the Data for the CPO's Strategic Imperatives, Oct 2007

MindTree Spend Analysis Solution Offerings

Value Assessment | Functional Design | Data Modeling Implementation & Rollout Planning | Package Installation & Configuration | Integration Custom Development | User Training | Ongoing Application Support Maintenance and Enhancement Services

To know more about Spend Analysis Solution, visit us at: www.mindtree.com/spend-analysis/ or email us at info@mindtree.com

ABOUT MINDTREE
MindTree is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree's IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services.

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