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Spend
data management give companies visibility to how and where
money is being spent in the supply chain, and they identify
and enable numerous ways to save. Spend analysis is the systematic
review of historical purchase data. The output of a spend
analysis is a summary of purchases by various variables, such
as category, supplier, and/or business unit.
Vajants Solutions delivers turnkey supply chain data and supplier
content management services to optimize content acquisition,
content cleansing, catalog development and content management.
Our data management services—including supplier content
management, item master rationalization and hosted data
management—can help you achieve a wide range of benefits,
including a dramatic reduction in your duplicate parts,
improved product description accuracy and improved compliance
with contracts.
We can source your supplier catalog and content to classify,
validate and syndicate in accordance with industry standards.
And we can rationalize your strategic maintenance and operations
inventory parts and plant equipment to consolidate parts
across multiple plant locations.
Vajants Solutions provides:
• Spend transaction detail through repeatable process.
• Supplier master cleansing and rationalization.
• Comprehensive spend visibility across direct and
indirect products/services.
• Significant cost-savings opportunities through supplier
and commodity consolidation.
• Enhanced compliance through effective spend and
supplier monitoring.
• Quick, unobtrusive and highly accurate views of
enterprise-wide spend.
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