Purchasing Performance monitoring

Gouvernance de la donnée by Axys

The strategic role of the Purchasing function

In an increasingly competitive economic environment, the Purchasing function plays a crucial strategic role in ensuring a company’s profitability and competitiveness. Purchasing performance is no longer measured solely in terms of cost reduction, but also in terms of added value, quality and risk management. To maximize benefits, it is essential to approach performance within a structured, participative approach.

The Axys method

Our comprehensive, integrated approach to purchasing performance will not only enable you to achieve significant economic gains, but also strengthen internal collaboration and guarantee financial compliance. With the Axys method, you opt for a strategic partnership aimed at maximizing the added value of your purchasing and ensuring the sustainability and growth of your company.

  • Collaboration with finance: development of a joint validation process with finance to ensure that every purchasing decision is aligned with the company’s financial objectives.
  • Forecasting and budgeting: development of accurate budget forecasts with business and finance to optimize cash flow management
  • Financial reporting: generation of detailed financial reports to guarantee transparency and facilitate internal and external audits
  • Internal partnerships: establish close working relationships with other departments (production, marketing, R&D, IT, etc.) to better understand their needs and constraints.
  • Cross-functional project management: steering complex purchasing projects requiring cross-functional coordination
  • Training and awareness-raising: training sessions to raise business teams’ awareness of the importance of strategic purchasing and its impact on the company’s overall performance.
  • Expense analysis: identification of cost optimization opportunities through detailed expense analysis mapping
  • Gains monitoring: implementation of performance indicators (KPIs) and dashboards to track gains in real time.

Our supports Purchasing

Knowing where you’re starting from and where you’re going: 2 essential prerequisites for your transformation.

A well-designed purchasing organization not only reduces costs, but also optimizes supplier quality, manages risks effectively, fosters internal collaboration and stimulates innovation.

In a changing ecosystem, supply chains no longer react in the same way to disruptions. Now both fragile and complex, supply chains are continually challenged.

In a complex, interconnected ecosystem, the Purchasing function plays a strategic role in optimizing costs, controlling risks, participating in and even steering CSR initiatives, and thus contributing to the company’s overall strategy.

We offer a holistic integration approach that encompasses all technical, functional and human dimensions, with unrivalled expertise in Ivalua, Coupa, Isybuy and Jaggaer solutions.

Faced with the complex and constantly evolving purchasing IS jungle, it’s essential to make the right choice. Axys’ expertise enables you to make informed decisions and succeed in your transformation.

At Axys, our mission is to facilitate our customers’ decision-making by relying on measured data. Furthermore, the current challenges facing Purchasing functions and the rise of Artificial Intelligence will require reliable, structured data from a variety of data sources.

The challenges facing the purchasing function are many and complex: cost reduction, CSR issues, risk management, talent shortagesand innovationto name but a few.

Do you have a project in mind ?

Transforming your organization is a complex challenge requiring strategic vision, specific skills and unfailing responsiveness.

Axys is committed to meeting your needs as quickly as possible, and to providing you with customized solutions tailored to your specific challenges.

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