Manufacturing: Manufacturing Solutions: Spend Analysis

Endeca Spend Analysis

Strategic sourcing initiatives rely on clear visibility to identify and act on savings opportunities across the enterprise. But disparate “siloed” systems, acquisitions and geographic diversity create barriers that impede your ability to aggregate and understand critical information. And even if the information is available in a common database, navigating the huge array of attributes and varied classifications can still preclude you from identifying all of your spend in a single category.

Now with Endeca's Spend Analysis solution, you can take advantage of the leading search and information access software to address these complex challenges, and gain the visibility you need to put more of your spend under management, significantly reducing your costs and impacting your cost structure.

Principal features:

• Unprecedented user experience and analysis at all levels in the organization
  Endeca's unique Guided Navigation and Summarization experience makes important information and relationships visible across disparate data, visually guiding any user through asking and answering any question. Visual and textual summaries help you make sense of all query results and see the best options for where to look next in the data, and this enhanced ability to understand spend information provides dramatic advantage to users that need to access varied pricing, spend, parts, and supplier data in changing ways.
• Any data from anywhere, regardless of the source or structure
  The Endeca Information Access Platform is a new type of software, enabling you to bring together and leverage large volumes of disparate data from multiple internal and external data sources. Structured and unstructured data are all accessible using Endeca, enabling access to information that has previously been "siloed" or locked in pdf, text or email documents. Endeca does this without requiring complex modeling or the typical pain associated with pulling together information�and the experience also easily adapts to changes in the data.
• Deep dive on content
  The ability to identify common parts or suppliers enables greater aggregation, putting more of your spend under contract, and enhancing the leverage of your enterprise sourcing programs. Only Endeca Spend Analysis delivers the ability to rapidly leverage attributed part information to identify these links.
• Enable dynamic classification
  Dynamic classification enables you to identify commonalities across different part classifications and reclassify them to enhance spend aggregation. These reclassifications can significantly impact the visibility and reach into broader spend commodities and break down barriers from disparate systems, thereby enabling your sourcing organization to be a proactive partner in the aggregation of spend categories.

See other solutions: PLM Insight, Design for Supply, Knowledge Management, B2B eCommerce, Sales & Customer Analysis, Warranty Analysis