Importance of Sourcing to the Bottom-Line

Improving Spend Under Management is the fastest and most sustainable way to impact earnings

3% Cost savings is equivalent to a 30% increase in sales (Aberdeen, 2004)

CIGNEX Datamatics Solution

We work with clients to develop and understand the business case for SAP’s spend management solutions and can then implement, host and support the applications

• Per Aberdeen, the Fortune 1000 leave $260 Billion in annual savings on the table
• $260 Billion = 3% of the combined annual sales revenue for the Fortune 1000
• If the Fortune 1000 captured the entire $260 billion in savings, their income would increase by over 50%
• 64 companies would move from a net loss to a net profit position

Evaluate spend management capabilities

• CIGNEX Datamatics and SAP will help you evaluate your sourcing & procurement operations
• Identify areas of opportunity (i.e., addressable spend that can be reduced)
• Determine if magnitude of saving opportunity
• Build a business case

Implement SAP Extended Sourcing

• Spend Analytics
• Supplier Search
• Automated RFI & RFP Tools
• Dynamic Auctions
• Contract Management