Our customer, a French life sciences company, needed to identify uncontrolled rogue spend. To improve visibility and regain control, the Pontoon team designed a multi-pronged approach that would bring together tech, data clarity, supplier management and subject matter expertise.
We needed to get the customer’s SOW spend under control. The original decentralised supplier network caused made it a challenge to comply with local regulations and meant limited visibility across the programme.
We examined their current supply chain and centralised management of labour under Fieldglass VMS adding Power BI for analytics to improve visibility into SOW spend.
SOW audit: Through an audit of the existing statement of work, the team discovered inconsistencies in the structure of the agreements and across the supplier network.
Governance: We deployed a team of 10 purchasing consultants who closely adhered to KPIs and SLAs.
Supplier Management: We renegotiated terms with key suppliers which delivered significant cost savings and achieved 100% compliance.
Increased supplier visibility decreased risk and reduced costs.
Within the first 12 months, we identified 200,000 €+ of rogue spend, which created 7% annual recurring cost savings. Since then, we also: