Detailed insights for direct and indirect spend optimization
Category Strategy & Market Analytics uses category-specific transactional data to determine the most impactful actions that you can take to optimize your expenditures.
The savings analysis covers category-specific commercial, demand, and process levers. The Orpheus platform runs in-depth analytics on millions of transactions and applies a set of proven, category-specific levers to identify and size savings.
Within two weeks, we were able to create and roll out standard and tailored dashboards and KPIs, including price arbitrage, tail spend analysis, and a comparison between planned and actual services.
Manasi Shenolikar, Solution Delivery Manager
Integrated category- specific commercial, demand, and process levers
Drive competitive advantage by using best-in- class McKinsey knowledge and deep category optimization experience. Perform in-depth analyses using proven category levers for several indirect categories. Uncover granular insights and determine the best course of action with the greatest potential impact.
Would you like to learn more
about how Orpheus solutions can
help your organization?
Would you like to learn more about how Orpheus solutions can help your organization?
THE MOST VALUABLE BENEFITS
Aggregate, visualize, and analyze category spend
Aggregate data from multiple sources and upload to a cloud-based platform for analysis. Your data is compared with external indices, clean sheet cost models, and third-party benchmarks.
Create insights at scale
Direct – Compare prices against internal and external benchmarks with Linear Performance Pricing (LPP).
Stay ahead of volatility
Direct – Import index data and create cost archetypes to compare price fluctuations with Input Cost Monitoring (ICM).
Derive tangible spend benchmarks
Indirect – Compare spend with external indices, clean sheet cost models, and third-party benchmarks.
Get deep category analytics
Indirect – Perform in-depth analyses and use proven levers for several indirect categories.