PwC Procurement Advantage

PwC’s Procurement Advantage combines your data with our digital analytics and advisory capabilities to unlock strategic opportunities to optimize your procurement.

The Procurement Advantage analytics platform helps you make informed, fast and insightful procurement decisions across your organization’s spend. By taking your transactional data and applying digital analytics and expert consulting, we can quickly identify spend categories, allowing you to identify areas of optimization.

•Integrate into existing systems and ways of working
•Assess organization-wide spend to pinpoint procurement opportunities and capabilities •Achieve ongoing benefits realization through data-driven strategic planning, sourcing, and contract and supplier management

Our approach:

•PwC creates a single Azure Data Lake comprised of the information to be analyzed.
•The data passes through a series of cleansing, formatting and mapping.
•The data is processed through Power BI and PwC’s seven lever-based analytics to deliver data in usable analytics.

Our solution is built on Microsoft Azure and leverages the power of Azure Synapse Analytics, Azure Data Lake, Azure Data Factory, Power BI, Azure Key Vault, Azure DevOps and PySpark to provide lever-based analytics envisioned through PwC’s Procurement Excellence Framework.

The Procurement Advantage data model focuses on these key procurement levers to drive benefit realization:

•Total cost management: Use accurate cost models to achieve the best prices
•Right shoring: Research local, regional and global supply bases to find right supplier(s)
•Supplier management: Improve supplier relationships for greater value creation
•Specification optimization: Challenge and optimize specifications to reduce cost
•Contract and compliance management: Ensure contract and regulation alignment
•Rationalization and consolidation: Consolidate spend, use volume leverage to improve prices
•Demand management: Plan and control capacity based on variations and demand cycles

We have analyzed over $40bn of spend data, identifying over $800m in savings for clients.

Are you ready to boost your procurement power?