How to digitize the entire procurement process ​

Client

An internationally operating financial institution

Case

• How can an internationally operating financial institution rebuild its purchasing department, develop a multi-year purchasing roadmap and implement it consistently so that digitization is successful afterwards?
• Which systems are suitable for implementing the roadmap and how can the product groups be optimized and made fit for the future? 
• How is the whole thing mapped in regulatory terms?

H&Z Approach

With these questions & challenges, we have a mandate since 2019 to accompany the Procurement Roadmap 2025 and its consistent implementation.  Within the project we supported the purchasing department to design the target picture of the future, then to design the future processes Source-2-Contract and Purchase-2-Pay according to the regulatory requirements, and finally to select a suitable procurement suite.    

Furthermore, the objective was to create a business case for the implementation of an end-to-end procurement suite. Both cost and savings were realistically calculated and aligned with all areas.    

For validation purposes, a merchandise group was then structurally optimized in order to actually achieve the savings through measures such as supplier consolidation and increasing the framework agreement quota.

Result

hier muss noch was zum Ergebnis: