Keep track of all savings initiatives and monitor their level of implementation in real time

Impact Tracker is a specialist project management system for sourcing initiatives. It allows users to identify, plan, manage, and monitor all sourcing initiatives. The real-time monitoring mechanism enables an up-to-date overview of all planned, achieved, and forecasted savings. Impact Tracker is a proven solution for demonstrating the procurement function’s crucial impact on the entire organization.

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See Impact Tracker in action

Impact Tracker provides a reliable single source of truth to track all savings and improvement initiatives, allowing teams to collaborate and act on real-time insights.

Impact Tracker is also a sophisticated project management solution for procurement initiatives. It allows users to identify, plan, monitor, and track all sourcing initiatives, and measure their impact on the profit and loss statement.

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THE MOST VALUABLE BENEFITS

Orpheus, a McKinsey company - Proven value contribution

Proven value
contribution

Users can plan, monitor, and track the impact of each sourcing initiative. Impact Tracker can substantiate the impact of individual savings initiatives within the organization by linking top-down goals with bottom-up value contribution.

Orpheus, a McKinsey company - Proven value contribution

Proven value
contribution

Users can plan, monitor, and track the impact of each sourcing initiative. Impact Tracker can substantiate the impact of individual savings initiatives within the organization by linking top-down goals with bottom-up value contribution.

Orpheus, a McKinsey company - Automated performance measurement

Automated performance measurement

Crucial KPIs such as cost reduction, cost avoidance, and liquidity improvement can be automatically measured using Impact Tracker. A real-time monitoring of past, ongoing, and future initiatives helps prove performance and impact within the enterprise.

Orpheus, a McKinsey company - Automated performance measurement

Automated performance measurement

Crucial KPIs such as cost reduction, cost avoidance, and liquidity improvement can be automatically measured using Impact Tracker. A real-time monitoring of past, ongoing, and future initiatives helps prove performance and impact within the enterprise.

Orpheus, a McKinsey company - Procurement organization steering

Procurement organization steering

By applying a consistent lever concept and introducing uniform sourcing and savings methods, users can discuss initiatives on an equal footing. Impact Tracker monitors progress across all workstreams, tracks the impact of initiatives, and forecasts their future development.

Orpheus, a McKinsey company - Procurement organization steering

Procurement organization steering

By applying a consistent lever concept and introducing uniform sourcing and savings methods, users can discuss initiatives on an equal footing. Impact Tracker monitors progress across all workstreams, tracks the impact of initiatives, and forecasts their future development.

Orpheus, a McKinsey company - Holistic tracking and controlling

Holistic tracking and controlling

Easy collaboration possibilities and intuitive design ensure full realization of all objectives.

Impact Tracker simplifies collaboration between distributed participants, and accommodates reoccurring reporting needs.

Orpheus, a McKinsey company - Holistic tracking and controlling

Holistic tracking and controlling

Easy collaboration possibilities and intuitive design ensure full realization of all objectives.

Impact Tracker simplifies collaboration between distributed participants, and accommodates reoccurring reporting needs.

Orpheus, a McKinsey company - Innovative visualization

Innovative
visualization

Impact Tracker assesses value contribution and displays milestones in out-of-the-box reports and dashboards.

Intuitive, visually appealing dashboards provide a great user experience for all contributors and report recipients.

Orpheus, a McKinsey company - Innovative visualization

Innovative
visualization

Impact Tracker assesses value contribution and displays milestones in out-of-the-box reports and dashboards. I

ntuitive, visually appealing dashboards provide a great user experience for all contributors and report recipients.

Orpheus, a McKinsey company - Consideration of market impact

Consideration of market impact

Impact Tracker measures achieved and planned savings despite fluctuating currency effects or commodity prices.

Users can integrate a variety of different sources of information to enrich initiatives with real-life market data and indices.

Orpheus, a McKinsey company - Consideration of market impact

Consideration of market impact

Impact Tracker measures achieved and planned savings despite fluctuating currency effects or commodity prices.

Users can integrate a variety of different sources of information to enrich initiatives with real-life market data and indices.

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?

Key features of impact tracker

Orpheus, a McKinsey company - Impact Tracker
Sample Screen

Plan sourcing and savings projects

Impact Tracker offers reliable templates for savings planning with flexible approval processes, and supports collaboration and teamwork. Deadlines and implementation levels can be assessed in real time.

Orpheus, a McKinsey company - Impact Tracker
Sample Screen

Plan, steer, control, and measure initiatives

Impact Tracker automatically consolidates initiatives and applies a five-level implementation process. Users can easily identify deviations between planned, forecasted, and actual KPIs, and perform ad hoc analyses.

Orpheus, a McKinsey company - Impact Tracker
Sample Screen

Measure performance and impact

Impact Tracker enables an overview of all savings initiatives and their level of fulfillment. Users can easily conduct elaborate deviation analyses and measure procurement’s impact on profit and loss.

Industries we serve

Orpheus, a McKinsey company - Industries - Retail and consumer goods

Retail and consumer goods

Tech companies and apparel and food manufacturers trust our solutions for procurement value capture, leveraging savings opportunities for data-driven decision making to surpass set targets.

Orpheus, a McKinsey company - Industries - Public sector

Public sector

Various clients from the public sector use our solutions for cost-transformation projects, savings identification, quality improvement, and fact-based strategy development.

Orpheus, a McKinsey company - Industries - Utilities

Utilities

Utility providers from across the globe use Orpheus tools to create spend visibility and generate unprecedented savings opportunities within services and maintenance, repairs, and operations categories.

Orpheus, a McKinsey company - Industries - Finance & Insurance

Finance & Insurance

Organizations from the financial and insurance sectors rely on our solutions to sustainably categorize their indirect spending, initiate category benchmarking, and identify savings opportunities.

Orpheus, a McKinsey company - Industries - Pharma

Pharma

We help life sciences and pharmaceutical organizations identify and utilize hidden savings potential within their globally dispersed procurement data streams in order to create actionable insights.

Orpheus, a McKinsey company - Industries - Manufacturing

Manufacturing

We have served automotive and machinery manufacturers around the world, supported large mergers in this sector, and identified crucial savings opportunities through procurement synergies.

Our Impact

Orpheus, a McKinsey company - Our Impact

Consumer Goods

Advanced Analytics & Performance Management

 
Orpheus, a McKinsey company - Our Impact

Pharma

AI & Advanced Analytics for M&A

 
Orpheus, a McKinsey company - Our Impact

More impact stories

Please contact us for further insight

 

Related Solutions

Orpheus, a McKinsey company - Advisory Center & BOTs Orpheus, a McKinsey company - Advisory Center & BOTs

Transparency & AI

Advisory Center and BOTs

Advisory Center uses BOTs to automate many routine (analysis) tasks in procurement. Data is analyzed automatically and the BOTs provide information about decision-relevant KPI and data patterns via an active alert.

Orpheus, a McKinsey company - Digital Backbone Orpheus, a McKinsey company - Digital Backbone

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Digital
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Digital backbone is a central, intelligent data hub that connects all data sources containing purchasing-relevant information in many internal data silos and external cloud platforms at one point.

 

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