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To the Power of Human

Tuning S2P Processes for Higher Performance

Oct 24, 2019 |
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Client

A multi-national consumer electronics and software company

RGP leveraged our proprietary source-to-pay (S2P) methodology and category excellence approach to perform an in-depth assessment and develop an implementation roadmap, enabling our Client to reduce cycle time, optimize technology and human capital, and reduce vendor risk.

Our Client wanted to conduct an end-to-end assessment of their S2P process to evaluate overall performance, identify gaps and provide recommendations for optimization.

What We Did

  • Recommended a future state design strategy, goals and objectives, with a focus on maximizing effectiveness and efficiency, optimizing cost structures and management, improving internal customer satisfaction and mitigating risk.
  • Incorporated industry-standard and best practices for S2P strategy, priorities, organizational structure, risks and dependencies.
  • Redesigned metrics and use of a shared service model.
  • Deployed spend analysis processes to identify opportunities for cost savings.

Impact

  • Reduced cycle time by 20%.
  • Maximized current technology and developed a right-sized resource model.
  • Identified $5M in potential savings through spend analysis, improved PO and invoice processing time, an optimized internal and supplier performance metric system, and reduced vendor risk.
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Client

A multi-national consumer electronics and software company

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