procurement is required

  • Procurement Performance Measurement

    Procurement Performance is a question of the definition. Every organization has a somewhat different understanding as to what should apply as a success and thus influence the added value of the purchase. Procurement Performance Measurement provides an...

  • Start - Modern solutions for the future.

    all records were categorized at the most granular level? Consistent consolidation … we could harmonize and consolidate procurement data (e.g., suppliers, materials) across multiple ERP systems, sites, geographies, and subsidiaries? Efficient category...

  • Artificial Intelligence

    certifierd as built on SAP Cloud Platform. DataCategorizer for SAP S/4 HANA Create group-wide transparency in your procurement data through our AI-supported Semantic Data Management (SDM) in order to meet the requirements of reliable, powerful,...

  • Project Management in Procurement beyond Excel

    Saving initiatives have been introduced and their success measured for many years. Now, a certain professionalization is being introduced...

  • FAQ: Procurement controlling

    What is meant by the term Procurement Controlling? Procurement controlling and procurement performance management are two synonyms for the same functional area. The terms describe the tasks of supporting both strategic purchasing and operative...

  • Planning, Managing, and Measuring Procurement Success Using Degrees of Implementation

    Procurement projects or initiatives often used to be managed with simple Excel templates. Now, there is special software for project management in strategic procurement. The underlying idea is to apply ideas for savings success as procurement...

  • FAQ: Procurement Performance Management

    What is Procurement Performance Management (PPM)? Procurement performance management, or PPM, refers to the holistic process of managing and increasing the added value of the procurement organization. In doing so, the process is observed from the...

  • DPW’s DEMO Virtual Grand Finale - Defining the future of procurement

    On September 23, an audience of over 500 people enjoyed a look at the future of procurement technology at DPW’s DEMO Virtual Grand Finale. As sponsors of the event, we were delighted to watch nine great startups present their cutting-edge procurement...

  • 3 Steps to improve Data Transparency in direct and indirect purchasing

    A classification of procurement data – in other words, the purchase vouchers such as invoices and orders – is the second most time-consuming step in the implementation of an efficient Spend Management system.

  • 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. Procurement departments are making more and more important decisions. However, there is still heavy...

  • FAQ: Added Value of Procurement

    What is Added Value of Procurement? Appropriately depicting the added value of procurement is one of the greatest challenges of proper procurement management. Many companies reduce the added value to savings in the sense of cost reductions that can be...

  • FAQ: Procurement Performance Measurement

    What is Procurement Performance Measurement? Procurement performance measurement is closely related to spend management or it is an integral component of procurement management. It describes key indicators, methods, and processes that are necessary for...

  • How to Introduce Successful Initiative Management in Procurement (Part 1)

    Currently, many companies in procurement are still focusing on the automation of their operative procurement processes using SRM software modules, such as RfX, e-Procurement, Contract-Management, etc. However, on a strategic level in procurement and...

  • Calculate the benefits of transparency in purchasing in 6 steps

    Big procurement successes are the payoff for arduous preparatory work. With internationally operating corporations, in particular, the first step is the recognition of the bundling potential across the group. This is only possible if the ‘same’ goods...

  • Measuring RFP Savings… But Doing It Right

    In the procurement department, the relationship to the supplier is also a central focus with performance measurement. The services, prices, and quantities established in supplier agreements are essential parameters for the efficiency of procurement and...

  • FAQ: Key Procurement Performance Indicators

    What are Key Procurement Performance Indicators? Key procurement performance indicators cover all areas of analysis relevant to procurement management. Examples are savings(Cost Reduction and Cost Avoidance) procurement volume pricing quantities...

  • Indirect Purchasing: Transparency, potential analysis and performance measurement

    In many companies, the purchase of so-called direct materials that are incorporated into the final products is part of the core business. These purchases make up approx. 70% to 85% of the purchasing volume within the manufacturing industry. All other...

  • FAQ: Startseite

    Expert Knowledge: Alphabetical glossary A ABC Analysis › Added Value of Procurement › Ad-hoc Queries › B Balanced Scorecard › Benchmarking › Budget › Budget Savings › C Cash-out Rate › Classification of Procurement Data › Competitive Effects ›...

  • How to Introduce Successful Initiative Management in Procurement (Part 2)

    In many companies, initiative management and controlling still only play a minor role. Orpheus set out to understand the reasons and “stumbling blocks” and has illustrated essential “design criteria” in this article that play a large role in the...

  • FAQ: Procurement Success

    What may be listed as a Procurement Success? Procurement success serves as a collective term for various key indicators, which may represent performance improvement in procurement. In the broadest sense, this already involves success if a random key...

  • FAQ: Procurement Planning

    What is procurement planning in detail? In addition to budgeting, forecasting key indicators such as procurement volumes (spending) and savings are included in procurement planning. When planning for spending, quantity and pricing planning can be done...

  • FAQ: Supplier Relationship Management

    (SRM) includes the strategic and operative processes, beginning with the purchasing strategy, supplier management and procurement controlling all the way to the tendering and contractual process as well as the operative requirement request and ordering...

  • FAQ: Performance Measurement

    What is meant by Performance Measurement in Purchasing? The measurement of procurement performance is part of corporate measurement of success. This includes not only the measurement of procurement cost savings (in terms of cost reductions); arbitrary...

  • DataCategorizer is certified as built on SAP Cloud Platform

    Nuremberg - June 27, 2019 - Orpheus DataCatergorizer has received SAP certification for the SAP HANA® platform. The solution has been proven to run on SAP HANA and leverages its unique capabilities. The SAP Integration and Certification Center (SAP...

  • DataCategorizer is certified as powered by SAP HANA

    The Orpheus DataCategorizer supports clients in swiftly achieving group-wide transparency within their procurement data, required for reliable analyses. An AI-backed framework implements various functions for Semantic Data Management (SDM) and thus...

  • FAQ: Procurement Strategy

    What procurement strategies and material cluster strategies are there? In purchasing, a differentiation is made between so-called operative purchasing and strategic purchasing. The latter is usually divided into individual material cluster so that lead...

  • The added value in purchasing: What all constitutes cost savings and how is this measured?

    Since the external expenditures of a corporation make up a large part of the costs, purchasing is faced with correspondingly high expectations to achieve cost savings. The financial perspective is assuming a major role and the added value in purchasing...

  • Download started - BME Procurement Study

    BME Prestudy Procurement 4.0 (DE) The download of the study "Procurement 4.0 - Digitization of Procurement" has been started. If you do not see a file for download, click on the following link: Download BME Prestudy: "Procurement 4.0 - Digitization of...

  • Akademie übersicht EN

    Orpheus academy - KnowHow in strategic procurement As you know KnowHow or Knowledge results from the combination of information and experience. We want to share our KnowHow with you as information is our daily bread. Our experience is the outcome of...

  • Orpheus Videos InitiativeTracker Overview

    In this video we will show you what possibility the InitiativeTracker offers you to plan, manage and document savings in procurement in order to prove your procurement success and added value to the management. The following problems are often found in...

  • FAQ: Balanced Scorecard

    What is meant by Balanced Scorecard an Procurement Scorecard? Purchasing controlling or procurement performance management and the corporate or departmental objectives defined on a (balanced) scorecard are closely linked. As described in glossary terms...

  • FAQ: CPO

    What does a CPO? The Chief Procurement Officer is also referred to as the Chief Purchasing Officer (CPO) in global companies. He is responsible to executive management for the success of the procurement department. Dashboards & Insights Dashboards &...

  • Spend Management Overview

    SpendControl is a comprehensive software designed to provide a platform for significant cost savings through automated procurement analytics and spend management. Our software encompasses KPIs, analytical metrics and other key features needed for...

  • Services for Spend Management

  • Orpheus Videos BME Webinar SpendControl - Small Business

    Video to the BME webinar "SpendControl-Small business - professional procurement controlling for SMEs in the cloud!" (DE) Category: Analytic & Ro(BOTs) | Duration: 56:51 m {loadposition modal52} Find out - how the proven procurement transparency of...

  • Orpheus Videos BME Webinar Digitalisierung und ihre Auswirkung auf den Strategischen Einkauf

    Video on the BME webinar "Digitisation and its impact on strategic procurement" (DE) Category: Analytic & Ro(BOTs) | Duration: 01:04:53 h {loadposition modal52} We would like to invite you to participate in the live webinar, which we organize together...

  • 4 Steps: Predictive Analytics in Procurement

    Identify interdependencies, support forecasts, detect price risks early on and illustrate savings potentials with correlation and regression calculations

  • FAQ: Initiative Management

    What does Initiative Management mean in procurement context? Initiative management involves the planning, management, and measuring of (strategic) procurement projects. Purchasers can define projects, initiatives, and actions, provide activities for...

  • Download started - Whitepaper - Balanced Scorecard, Procurement Planning and Measures Management in Strategic Procurement

    Orpheus Whitepaper The download of the whitepaper "Balanced Scorecard, Procurement Planning and Measures Management in Strategic Procurement" was started. If you do not see a file for download, click on the following link: Download the whitepaper...

  • Download gestartet - Whitepaper - Integrated risk and performance analyzes in strategic procurement

    Orpheus Whitepaper The download of the whitepaper "Integrated risk and performance analyzes in strategic procurement" was started. If you do not see a file for download, click on the following link: Download the whitepaper "Integrated risk and...

  • FAQ: Reporting

    What is meant by Reporting in procurement context? Reporting is used to inform the CEO, managers, purchasers, and teams about the current procurement situation in the company. In this respect, suitable key procurement performance indicators and KPIs as...

  • FAQ: Content-Management

    What is Content Management in procurement context? Content management is the targeted improvement of spend data quality. This includes multifaceted measures for correcting and expanding master data as well as transaction data - see „Classification“ and...

  • The 6 Savings Types

    Procurement answers for a large cost block, especially in manufacturing companies or in trade enterprises. This cost block should be managed. Savings should be achieved and performance should be verifiable. In this article, we will present you with a...

  • Optimizing Margins

    easier and even better with transparent data. However, how do we create sustainable data transparency throughout all procurement data of the company? You will find out in the following article...

  • FAQ: Purchasing Transparency

    analysis and performance measurement Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: Indirect Purchasing

    approx. 60%-80% of a producing company’s purchasing volume. The other area of indirect purchasing is responsible for the procurement of “non-production materials” (NPM) and services. This includes, for example, purchasing categories such as marketing,...

  • FAQ: Spend Analysis

    purchase controlling. Other interpretations of Spend Analysis emphasize “analysis,” which refers to analyses of procurement KPIs. Spend stands for procurement volumes. Modern spend analysis systems such as the SpendControl software from Orpheus,...

  • FAQ: Degree of Implementation Systematic (DOI)

    In this sense, they represent status information for activity forecasting that can also be evaluated monetarily in procurement and initiative management. The following “degrees of implementation” (stages) can be differentiated in the planned procurement...

  • FAQ: Forecasting

    What is Forecasting in procurement? After drafting the procurement budget within the scope of procurement planning, cyclical changes to the planning executed occur (continuously). These planning adjustments are referred to as forecasting. In...

  • FAQ: Savings Management

    in supplementation to the term “Spend Management”. We want to emphasize that management does not focus solely on procurement volumes, including pricing and quantities, but savings in the sense of Cost Avoidance and Cost Reduction as well. Dashboards &...

  • 5 proposals for truly sustainable purchasing success

    A primary function of strategic sourcing is to reduce the purchase price of direct and indirect goods and services within a corporation. If nothing else, the success of this mission unfolds its impact in significant economic parameters of due...

  • Impact & Savings Tracking

    initiatives, allowing teams to collaborate and act on real-time insights. We provide a solution to demonstrate your procurement function’s crucial impact on the entire organization. See it in action THE MOST VALUABLE BENEFITS Proactively demonstrate...

  • Orpheus Videos BME Webinar BOTs Advanced Analytics

    Video on the BME webinar „BOTs (RoBOTs) & Advanced Analytics in strategic procurement“ (DE) Category: Analytic & Ro(BOTs) | Duration: 59:42 m {loadposition modal52} Artificial intelligence in practical use: Orpheus GmbH and experts from industrial...

  • FAQ: Maverick Buying

    What is Maverick Buying? Maverick buying represents the procurement of material or services without adhering to the compliance regulations of the company. Even today, large volumes are purchased outside of the procurement department. Typical examples...

  • FAQ: Classification of Purchasing Data

    How to classify purchasing data? For more transparency in procurement, we should not only classify historical data (such as suppliers), but also documents or dynamic data such as invoices or orders. The classification arranges all objects into given...

  • Data Classification

    based on a company-specific or standard taxonomy (e.g. eCl@ss, UNSPSC), you bring unprecedented transparency to strategic procurement while creating more accurate spend controls and informative analyses. DataCategorizer builds on your existing ERP or...

  • FAQ: Master Data Management

    The most important master data for strategic and (operative) purchasing are: Suppliers Materials/ components Catalogs (e-Procurement) featuring the goods and services that need to be purchased Product groups and category structures Corporate and...

  • FAQ: Cost Drivers

    etc. In this way, the manufacturing costs of a component are established along the value-added chain of external procurement materials. In addition to the raw materials and the semi-finished products or components, the currency effects to which a...

  • FAQ: Spend Analysis & Spend Management

    What is meant by Spend Analysis & Spend Management? Spend management refers to spend and procurement management in the Anglo-American sphere. Spend management is often used in combination with Savings Management. Spend management improves the...

  • FAQ: DUNS Numbers

    designation to clearly identify companies throughout the world, which is issued by Dun & Bradstreet. It is useful in procurement to clearly determine suppliers, to identify potential duplicates or to match these to other datasets. Additional information...

  • Dashboards & Insights

    patterns, outliers, and trends through our unparalleled guided insights and analytics capabilities. Leveraging advanced procurement analytics and performance optimization, you can identify crucial savings opportunities and make fact-based and...

  • FAQ: Single Sourcing

    What does Single Sourcing mean? Single Sourcing describes the procurement of certain goods from a single supplier. In most cases, this makes sense if you are striving for a close partnership with this supplier, or if other strategic advantages are...

  • Orpheus Videos BME Webinar digitization of strategic procurement

  • FAQ: Global Sourcing

    How to define Global Sourcing? Global sourcing describes the global expansion of procurements to a growing number of international markets. Thus, it is essential to appropriately evaluate the opportunities and risks of low-cost country sourcing and to...

  • Orpheus Videos

    Videos Procurement Intelligence BME Webinar 2019 (EN subtiteled) How do Orpheus AI methods support you in digitizing your strategic procurement? Category: Data Management | 1:01:40 h Orpheus SpendCube for Partners & Consultants SpendCube for...

  • Orpheus Videos Financial Savings Management

    of the tracker with analytical methods. This is how your successes can be measured and tracked. Added value for your procurement Transparency of the procurement and SCM data as well as KPIs through automated classifications andcluster algorithms...

  • Consolidate and classify purchasing data

    across all divisions, departments, and companies in order to harmonize them as much as possible. The main challenge in procurement is cleansing and consolidating this information, which stems from many different sources. Once this data is comparable, it...

  • FAQ: Predictive Analytics

    such as SpendControl from Orpheus go even one step further in that they attempt to reveal the effectiveness between procurement levers and the key figures and KPIs in purchasing by means of predictive analytics. The ongoing objective is to find out...

  • FAQ: Cost Savings

    with the CFO at its head usually refuses to recognize cost avoidances as cost savings and to enter these into a corporate procurement scorecard. In principle, something similar applies to availability effects as well. According to their definition, they...

  • FAQ: Measure Management

    What is the purpose of "Management of Measures" in procurement? Modern corporations plan their corporate goals for each fiscal year and break down these goals into individual objects. Sometimes, this is done using so-called scorecards or balanced...

  • FAQ: Competitive Effects

    Competitive Effects? The competitive effect describes pricing variances of offers within a bid. For the reason alone that procurement allows multiple suppliers to come together in one bid, savings potentials can be produced. Dashboards & Insights...

  • FAQ: UNSPSC

    identified worldwide with a 10-digit code. Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: Utilization of Framework Agreements

    does the KPI "Utilization of Framework Agreements" measure? The utilization of a framework agreement is an essential key procurement performance indicator. It shows to what extent procurement volumes covered by framework agreements are actually ordered...

  • FAQ: Project Success Measuring

    What measures the project success measuring? To be able to measure the success of a procurement project, it is necessary to determine a realistic target value as a goal in advance. With the aid of a variance analysis, the success of the project can...

  • FAQ: Material price variance (MPV / MCV)

    (MKV) or material price variance (MPV)? Material cost variance (MCV) or material price variance (MPV) is an essential key procurement savings indicator. It identifies the change of material costs or material price with respect to a reference value, e.g....

  • FAQ: Material Clusters

    with clusters in the sense of a MCV / MPV. Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: Supplier Evaluation

    are: pricing quality reliability TCO Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: Consolidation

    Transferring into a hierarchical structure Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: eProcurement

    What is eProcurement? eProcurement is electronic, partially automated procurement via internet-based catalog systems. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all...

  • FAQ: Compliance Indicators

    or the use of given payment terms compliant to the rules. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend...

  • FAQ: Budget

    What exactly is meant by the term "budget" in procurement context? The purchasing budget is the projected procurement volume for a certain purchasing category related to given planning periods. Dashboards & Insights Dashboards & Insights is a complete...

  • Alerting & Recommendations

    AI-based technology for automated and simplified spend and procurement analytics Orpheus Alerting & Recommendations contain business logic paired with AI and feedback learning. Your data steams will be analyzed automatically and constantly and you are...

  • FAQ: Success of Negotiations

    with benchmarks (comparative figures) or bundling potentials. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend...

  • Download gestartet - Whitepaper - The key figure MPV for planning and measuring savings in procurement

    Orpheus Whitepaper The download of the whitepaper "The key figure MPV for planning and measuring savings in procurement" was started. If you do not see a file for download, click on the following link: Download the whitepaper "The key figure MPV for...

  • Download gestartet - Whitepaper - Methods of artificial intelligence and BigData analytics for your strategic procurement

    Whitepaper The download of the whitepaper "Methods of artificial intelligence and BigData analytics for your strategic procurement" was started. If you do not see a file for download, click on the following link: Download the whitepaper "Methods of...

  • Download gestartet - Whitepaper "Thinking outside the box of procurement"

    Orpheus Whitepaper The download of the Whitepaper "Thinking outside the box of procurement" was started. If you do not see a file for download, click on the following link: Download the Whitepaper "Thinking outside the box of procurement" (8 Pages,...

  • Download gestartet - Whitepaper "Brain Research - Artificial Intelligence in stategic procurement"

    Orpheus Whitepaper The download of the Whitepaper "Brain Research - Artificial Intelligence in stategic procurement" was started. If you do not see a file for download, click on the following link: Download the Whitepaper "Brain Research - Artificial...

  • Download gestartet - Whitepaper "Cyberwar - BOTs conquer procurement"

    Orpheus Whitepaper The download of the Whitepaper "Cyberwar - BOTs conquer procurement" was started. If you do not see a file for download, click on the following link: Download the Whitepaper "Cyberwar - BOTs conquer procurement"" (10 Pages, ca. 0,43...

  • Orpheus Studies

    Orpheus Studies in Strategic Procurement Orpheus Study 2018 "SMART DATA ANALYTICS - Artificial Intelligence, BOTs & Semantic Data Management in strategic procurement" Digit(al)ization and its impacts on strategic procurement. Learn more about this and...

  • Orpheus Videos Consultants

    for Partners & Consultants Category: Data Management | Duration: 3:47 m {loadposition modal52} Consulting projects in procurement usually start with the creation of an Excel based Spend Cube. However, this approach is… time-consuming … tedious manual...

  • FAQ: Strategic Purchasing

    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,...

  • FAQ: Currency Effects

    effects should always be disclosed to fully represent the dependency, which is not within the competency, e.g. of procurement. A price decrease in supplier currency can rapidly lead to an increase of reporting currency through rate variations....

  • FAQ: KPIs

    spend fragmentation, price deviations in regard to the same material, common suppliers Sales coordination External procurement share of the end product (BOM), sales plan/ purchasing plan -> deviation analysis Dashboards & Insights Dashboards & Insights...

  • FAQ: eCl@ss EN

    be derived from this for spend management. Data Cleansing & Categorization Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with...

  • FAQ: Cash-out-Quote

    indicator in spend management. It applies the credit-related overall expenditures to the ratio of expenditure managed by procurement. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It...

  • FAQ: Benchmarking

    What is Benchmarking about? During benchmarking, a company’s values (e.g. spend/ procurement volumes, prices or cost savings key figures) are compared with a reference value (the so-called benchmark). This reference value may have been deduced from...

  • FAQ: ABC Analysis

    We then refer to ABC suppliers. They answer, e.g. the following question – which suppliers (A) handle 80% of the procurement volume, which and how many suppliers (B) represent an additional 15% of the volume, and which suppliers (C) handle just 5% of...

  • Calculating and Analyzing Material Price Variance (MPV) - 6 Basic Rules

    – is an essential key indicator for spend managers. It is important because it is a central measure for the success of procurement relevant to profit and loss. It sets the current price for a material in relation to a reference price (e.g. average of...

  • Orpheus Videos Analytic & Ro(BOTs)

    Analytic & BOTs | 56:51 m Digitization and its impact BME Live-Webinar: Digitization and its impact on strategic procurement - BOTs & Artificial Intelligence in action Category: Analytic & BOTs | 01:04:53 h BOTs & Advanced Analytics in Strat....

  • Orpheus Videos Category Management Overview

    cost drivers and how to structure your own cost and spend into various categories. We also show you how to classify your procurement and cost data by using AI and text-mining methods as well as generating simple classification rules. Classification...

  • FAQ: Potentials

    savings could result, or cost savings that are deduced from process improvement potentials (e.g. automation through e-Procurement systems). Clustering potentials or potentials through standardization or specification changes as well are included just...

  • FAQ: XYZ Analysis

    and which ones have more consistent, even demands (X class). Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend...

  • FAQ: Total Cost of Ownership

    incurred throughout the life cycle of a product or service. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend...

  • FAQ: Low-Cost Country Sourcing

    effects, and strengthening individual competitive benefits. Dashboards & Insights Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend...

  • FAQ: Cost Reduction

    What belongs to "Cost Reduction"? Cost reductions have direct impacts on the profit and loss statement of a company. In procurement, cost reductions can be organized in various savings categories. We principally differentiate between: historical...

  • FAQ: Ad-hoc Queries

    requests that have arisen directly during a meeting. 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....

  • FAQ: Cost Avoidance

    a product or a service would be purchased at an even higher price. Cost avoidance must be posted as the success of the procurement department as well. However, the projection on the items of the profit and loss statement is not possible and seldom...

  • Digital Backbone Visualization

    your organization? Online Demo Load brochure Key features Establish a single source of truth We combine all data—beyond procurement data— in one central data hub to ensure a single-source of truth for all systems and applications. Combine different data...

  • Orpheus Videos Portfolio

    From Transparency to Savings - Turn potentials into cash Category: Spend Analysis | Duration: 1:25 min {loadposition modal52} First, we connect to the source systems where we extract and enrich the data. For SAP we have a proprietary extractor program,...

  • Download gestartet - BME Webinar 2019 EN

    BME Webinar Unterlagen The download of the documents for the Webinar "Digitalisation of strategic procurement" has started. If you do not see a file for download, click on the following link: Download documents for the Webinar "Digitalisation of...

  • Download started- Glossary

    Alphabetical glossary for procurement controlling The glossary contains an overview of the most important key figures and terms in procurement controlling. If you do not see a file for download, click on the following link: Download the alphabetical...

  • Download started - Study 2015

    Orpheus Study 2015 (DE) The download of the study "Big Data Analytics in strategic Procurement" has been started. If you do not see a file for download, click on the following link: Download the Study 2015: "Big Data Analytics in strategic Procurement"...

  • Download started - Study 2016

    Orpheus Study 2016 (DE) The download of the study "Big Data Analytics in strategic Procurement" has been started. If you do not see a file for download, click on the following link: Download the Study 2016: "Big Data Analytics in strategic Procurement...

  • Download gestartet - BME Webinar 2020 EN

    download of the documents for the Webinar "From classical data analysis to BOTs - The way to digitalization of Strategic Procurement" has started. If you do not see a file for download, click on the following link: Download documents for the Webinar...

  • Orpheus Videos Semantic Data Management Overview

    modal52} Hello, and welcome to our video about Semantic Data Management and spend transparency. To use available procurement data for meaningful, spend analysis we need to ensure its error free harmonized well-structured and validated. This can be...

  • Big Data Analytics in strategic purchasing

    been a hot topic in the media. Yet what is really new with respect to well-known instruments such as SpendAnalysis and procurement controlling? Big Data in strategic purchasing primarily aims for a higher “analysis intelligence”. The objective is to...

  • Home EN

    all records were categorized at the most granular level? Consistent consolidation … we could harmonize and consolidate procurement data (e.g., suppliers, materials) across multiple ERP systems, sites, geographies, and subsidiaries? Efficient category...

  • FAQ: Savings Pipeline

    and dashboards. Request a Demo for Impact & Savings Tracking more about Impact & Savings Tracking Purchasing Procurement Savings Management Initiatives Performance Savings Measurement Initiatives Search Glossary {loadposition sidebar06} Orpheus Glossary...

  • FAQ: Budget Savings

    and dashboards. Request a Demo for Impact & Savings Tracking more about Impact & Savings Tracking Purchasing Procurement Budget Savings Cost Reduction Cost Avoidance Savings Spend Search Glossary {loadposition sidebar06} Orpheus Glossary {loadposition...

  • Data Connectivity & Transformation

    data model Data Connectivity & Transformation provides an intelligent data storage platform that builds the basis for procurement transformation projects. The platform easily connects internal and external data and enables the visualization of all...

  • Initiative Management Overview

    staff member Use of deadlines and milestones For further information and details about project and savings planning in procurement using InitiativeTracker, please click here: Purchasing Planning with InitiativeTracker.

  • Orpheus Videos Spend Analysis

    | 2:32 m Orpheus Product Portfolio The interaction of Orpheus Tools AI-based solutions from a single source for your procurement success. Category: Spend Analysis | 1:25 m More videos will follow... 0:00 m More videos will follow... 0:00 m Orpheus...

  • Orpheus Videos Data Management

    Videos Data Management Orpheus SpendCube for Partners & Consultants SpendCube for transparency in consulting projects in procurement - Orpheus has the perfect solution Category: Data Management | 3:37 m Spend Classification & Transparency - Overview...

  • Orpheus Videos Initiative Management

    Videos Initiative Management InitiativeTracker Overview Create and Manage Procurement Initiatives. Plan, Forecast and Track/Measure their Impact on P&L Savings. Category: Initiative Management | 5:11 m More videos will follow... 0:00 m More videos...

  • Download started - Study 2017

    Orpheus Study 2017 (DE) The download of the study "Big Data Analytics & KI in strategic Procurement" has been started. If you do not see a file for download, click on the following link: Download the Study 2017: "Big Data Analytics & KI in strategic...

  • Download started - Study 2018

    The download of the study "SMART DATA ANALYTICS - Artificial Intelligence, BOTs & Semantics Data Management in strategic procurement" has been started. If you do not see a file for download, click on the following link: Download the Study 2018: "SMART...

  • Orpheus Videos Orpheus.Cloud

    important standard in many companies in the functional areas of marketing, sales or finance remains largely denied to the procurement departments: A professional controlling software as well as an effective data analysis in a clear presentation!...

  • Orpheus Videos Supplier Management Overview

    item classification and Linear Performance Pricing with Orpheus DataCategorizer Orpheus.Cloud Data Analytics & Procurement Intelligence in the Cloud – Learn more about Orpheus.Cloud | Spend Analytics Orpheus Video Portal Orpheus Videos Overview› Videos...

  • Integrations & Ecosystem

    connectivity to McKinsey & external solutions Our modular platform approach allows you to connect to other McKinsey-owned procurement solutions and beyond. Integrations & Ecosystem also offers the possibility to connect to other external providers and...

  • Products

    or quarterly) by our expert consultants and data scientists and implements a highly specialized BPO outsourcing of their procurement analytics. Tech-license based For clients that only want to use our technical platform or certain software modules, we...


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