Purchasing Index can deliver insights beyond
the descriptive qualities of a Spend Analysis.
By segmenting your spend categories we can recommend specific
strategies that help Procurement professionals focus their efforts.
Build for sophisticated insights
Our Category Segmentation model is built on the solid foundation of the well-known Kraljic segmentation matrix – at a high level, sorting spend categories into Leverage, Strategic, Non-Critical and Bottleneck quadrants.
Expanding well beyond that basic model, we map each Category position to our multi-dimensional Segmentation hierarchy, selecting from 16 procurement levers and 64 Go-To-Market Strategies. Consequently, our Category Segmentation offers unprecedented granularity for the end-user and elevates Purchasing Index’s Category Segmentation above the bog-standard analysis available.
Our Category Segmentation Analysis has a multi-dimensional profile. The position of each category and any specific recommendations are determined from a combination of stakeholder knowledge and insights derived from your data. To obtain this information we use a survey method to determine the profile of each category within your organisation.
Ultimately, we aim to give discretionary control of our products to the user with a number of automatic override features. This flexibility enables our tools to spearhead strategy, by being both a point of reference and a source of insight for teams.
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