Sourcing Savings Calculator
Strategic sourcing provides the single greatest opportunity to impact the cost, quality, and performance of your supply chain. Yet, many companies struggle with where to begin.
Our Sourcing Savings Calculator cuts through the confusion and helps you discover the potential savings for your company. The savings estimate is based on ten years of actual results experienced by hundreds of Ariba Sourcing customers across a wide range of industries and categories. Enter your company information to begin.
Our Sourcing Savings Calculator cuts through the confusion and helps you discover the potential savings for your company. The savings estimate is based on ten years of actual results experienced by hundreds of Ariba Sourcing customers across a wide range of industries and categories. Enter your company information to begin.
| 1. Enter Company Information | 2. Enter Sourcing Information | 3. Estimated Savings |
Your Savings Profile
These results estimate savings for companies such as yours in the industry with annual revenue and annual spending, representing the direct and indirect spend for all goods and services. The number of FTEs involved in the Sourcing lifecycle: Sourcing operations, percentage of spend: Sourcing project management, percentage of spend: Supplier performance management, percentage of spend: Savings from Automation Automation savings come from utilizing paperless sourcing tools. Estimated savings of by moving from manual sourcing event execution to automated, online event negotiation, operations, and supplier interaction. Includes savings from utilizing RFx or various online auction vehicles, and pursuing both contract sourcing and spot/off-contract negotiations. Savings from Increased Productivity Productivity savings come from your ability to Source more spend. Estimate savings of from a reduction in resources required and cycle time per each sourcing event, and the ability to leverage resources more effectively to address spend that has not yet been sourced. Savings from Improved Processes Process savings come from better knowledge sharing, internal collaboration and improved supplier relationships. Estimated savings of from compliance with internal best practices such as information sharing, decision making, category-specific approaches and stakeholder participation. Additional savings originate from ease of supplier scoring and use of performance metrics to optimize supplier collaboration. |
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