Based on Kraljic Matrix Methodology, the app solution classifies materials in terms of Risk/compliance and profit impact, resulting in four categories: strategic, bottleneck, leverage, and non-critical. Each quadrant encompasses a set of executions that involves Sourcing, Purchasing, and Inventory management processes. This holistic overview provides customer-needed insights to resolve and prevent stock-outs, and material shortages and rapidly reconfigure its supply network.
This is where CYGNUS and Celonis combine their Strengths:
Detect and act in time in the purchase of strategic materials considering the impact on profit and supplier risk.
Early detection of materials at risk of stock-outs.
Detect uncontracted orders and initiate bidding processes.
Monitor materials with high safety inventory levels in real time.
Here you can see the performance of the main pillars for this EXE APP (Multisourcing, Supplier Reliability, and Turnover Rate).
It is designed for an Executive User to have a panoramic view of the performance of supply network.
This process analysts view allows us to see the behavior of the materials in the purchasing process. It encompasses the following components: The Kraljic Matrix, a useful purchasing management tool, allows for to classification of the materials and services to be procured in terms of supply risks and their impact on the income statements. Process Explorer, for the Procurement process. A list of recommendations focused on Kraljic classification.
Each Kraljic Classification has its strategy, in that sense, we have designed different views that allow the user to take actions in the purchasing process in real-time.
It has different views for Operational Users, such as this analysis focused on buying at the best price, either with current or new suppliers in the market. Cygnus Consulting can include a catalog with the best pre-negotiated spend categorized market prices (only for specific countries and business sectors, mainly indirect spend) as an additional feature.
It includeds Action Views that allow the Procurement department to achieve significant savings on time and helps operational users to execute actions in real-time with data-backed information.
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