Kantar and ProcureTech collaborate on supply chain improvements | ProcureTech, now part of ORO Labs posted on the topic | LinkedIn

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ProcureTech, now part of ORO Labs

12,599 followers

8mo

𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 Stephen Day FCIPS, Kantar Key Takeaways: ✅ Kantar engaged ProcureTech to assist with two main objectives: to develop a roadmap for potential complementary capabilities for their supply chain, and to provide an evaluation of the effectiveness of their existing capability deployments ✅ ProcureTech identified a key area for improvement which has been "really insightful" for Kantar ✅ Kantar is currently working on implementing another solution to facilitate multi-bidding for contracts that have a negotiated annual ceiling price #Kantar #Partnership #Procurement #DigitalProcurement

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Transcript

Cantos and market research company, you know, we were bought by Bain Capital in 2019 and over the course of the past four or five years we've been through quite an important evolution in our supply chain and that it starts off with a coupe implementation and then we've most recently implemented Candex. And what we asked procure tech to do last year was just work with us in terms of what a road map would look like, in terms of what are the other complementary capabilities we might want to think about. So that was one thing. The second thing was give us a point of view in terms of how well we have deployed our existing capabilities and deployments thus far. And one of the things that temperature tech called out was that we weren't doing enough bidding and enough kind of resourcing of some of the multi year contracts that we had, which is very challenging because whilst we're definitely delivering the savings I can see in our own numbers that were not going out there and challenging our supply chain with the frequency that we should. So that's led to some. That we're doing at the moment actually in terms of another solution that we're going to use to let us do what we call multi bidding for things that we have a negotiated and you'll ceiling price on. And so we're going through on that process as well. So it was, it was it was really insightful.

Alexander Orchard, graphic

Alexander Orchard

8mo

Loved working with Stephen Day FCIPS ‘s team at Kantar - smart folks who get things done fast so no wonder Candex was deployed so well there.

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