Current process assessment
Met with the procurement team to grasp their pain points and specific expectations regarding suppliers.
Learned retail supplier performance KPIs and associated industry.
Metrics identification and dashboard design
Held brainstorming sessions to identify the key performance indicators that help us assess and monitor the performance of the suppliers.
The Power BI tool was used to develop a comprehensive dashboard that evaluates the performance of the suppliers at various levels, such as order fulfillment, sales and margin, backend rebates, and
The Power BI dashboard enabled supplier selection and comprehensive 360-degree.
Integrated the ability to perform detailed assessments of a chosen supplier across various product categories, enabling benchmarking against competitors.
Profound and robust insights into every performance facet of suppliers empowered the client to engage in impactful.
Leverage real-time data and KPIs to secure better deals, optimize contract terms, and streamline contract management, leading to significant cost savings and improved procurement.
Gaining clear visibility into contract terms, including renewal dates and rebate structures, allows for optimized utilization of rebates and negotiation of more favorable renewals.