Orpheus, a McKinsey company - Digital Backbone

Digital Backbone &

more about
Digital Backbone & Visualization
Orpheus, a McKinsey company - Impact Tracker

Data Connectivity &

more about
Data Connectivity & Transformation
Orpheus, a McKinsey company - Data Categorizer

Data Cleansing &

more about
Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

Dashboards &

more about
Dashboards & Insights
Orpheus, a McKinsey company - Category Analytics

Analysis &

more about
Analysis &
Orpheus, a McKinsey company - Impact Tracker

Integrations &

more about
Integrations & Ecosystem
Orpheus, a McKinsey company - Advisory Center

Alerting &

more about
Alerting & Recommendations
Orpheus, a McKinsey company - Impact Tracker

Impact &
Savings Tracking

more about
Impact & Savings Tracking

What does strategic purchasing mean?

Strategic purchasing differs from operative purchasing in that it defines a purchasing strategy that consists of coordinated measures, which subsequently bring sustainable success to a company.

The purchasing or procurement strategy that was defined by strategic purchasing is coordinated with a company’s overall strategy. Product group strategies, which can ultimately be implemented in operative purchasing, are broken down in detail below.

Strategic purchasing attempts to optimize the following areas of emphasis:

  • cost-efficient purchasing
  • process-efficient purchasing
  • manage globalization securely
  • ensure innovation skills
  • minimize risks in purchasing and along the supply chain
  • determine the material and raw material demands (short, intermediate and long-term)
  • determine the ideal time for purchasing for each product/ raw material
  • utilize storage capacities efficiently (determine terms of transport, production times, etc.)
  • ensure that there are enough supplies for the production department
  • observe the market situation and the company’s position, and adjust the strategies accordingly
Dashboards & Insights - Advanced Analytics, Transparency & KPIs

Dashboards & Insights

Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.

With its standardized ERP interfaces you can connect the spend cube of Dashboards & Insights within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).

Request a Demo for Dashboards & Insights more about Dashboards & Insights

Search Glossary

Orpheus Glossary

Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.

Orpheus Blog

Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.

Structure of a Strategic Spend Management System
Procurement departments are increasingly evolving away from being an order service to being a powerful strategic instrument within their company. ...

Connect with our experts