A competitive advantage for your company through Third Party - - PowerPoint PPT Presentation
A competitive advantage for your company through Third Party - - PowerPoint PPT Presentation
A competitive advantage for your company through Third Party Monitoring ODIS THIRD PARTY (CONTRACT) MANAGEMENT (TPM) Index Introduction Complexity, governance and risk Past, Present and Future, where are you in the evolution?
⌂Key elements and strategy enablement
Index
⌂Introduction ⌂Complexity, governance and risk
⌂ Past, Present and Future, where are you in the evolution?
⌂Focus, performance, risk and control ⌂Solution footprint ⌂Result
⌂Value Proposition
⌂ODIS in Few Words
Many industries globally outsource up to 75% of their work to Third Party Contractors to cover operating needs. These industries rely on their corporate systems to provide control and automation over the related processes. This effort requires significant time and expense. ODIS Contract Management (TPM) monitors performance by supplier, location and
- service. Compliance and governance concerns are addressed to minimize risk. The
automated lifecycle for your contracts keeps it all in focus with key milestones and
- alerts. The customizable workflow automates the processes, simplifies
communications and aligns teams. ODIS workflow also organizes, automates, executes, monitors and provides you with analysis of clients, people, locations, process, data and activities. ODIS TPM can be implemented in just weeks and adapted to work with your Corporate and Legacy System providing the information required on a real-time basis.
⌂ Introduction
- How well do you control your
supplier Value Chain?
- How good are your suppliers
performing?
- How fast and how efficiently can
you detect and react to performance gaps?
- How do you build up long term
relationship with key suppliers?
Key Questions
- How do you monitor your
supplier risk?
- Do you have all the necessary
cost information on demand?
- Do you have physical control
- ver services delivered?
Complexity of supplier structure and relationship increase contracting risks and need for governance transparency.
Our integral solution gives you control over Risk, Delivery, Spend, HSE, Trends and Potential
⌂ Complexity, governance and risk
Past Present Future
Added value
Long-Term Partnership Commercial Supplier Base
Time
Sourcing Governance Innovative Procurement Seamless Exchange
Full supply chain transparency
- ver tier-1 till tier-n suppliers
Supply Chain Risk - Early Warning and Monitoring Innovative Procurement Compliance & Sustainability Management Big data >>.full automation predictive capabilities Electronic Seamless Exchange Long-term supplier strategy Supplier Portfolio Management Automated Supplier Performance Management Joint innovations Supplier Risk Assessment Short-term planning Consolidation of Supply Base Manual Supplier Performance Measurement Reactive supplier development Functional focus Market-oriented Demand-oriented
We offer an effective and efficient third party management system that also monitors risks in real-time.
In todays environment, it has more to do about cost and the ability to retain value
⌂ Past, Present and Future, where are you in the evolution?
Source: Idea KPMG
World-Class Performance
Identify potential suppliers, select, board into company standard conditions and integrate into process Real-time supplier performance monitoring and reaction measures Improvement of performance and/or capabilities of suppliers through performance Analysis and classification of current suppliers within product & service portfolio in order to define strategy Identify, monitoring and mitigation of the various supply chain risks that affect business
We allow you to focus on efforts that generate results
⌂ Focus, performance, risk and control
Source: Idea KPMG
Sustainability Operational excellence Compliance External market risks
Environmental standards Safety standards Information & Systems Control Reliance Logistics Quality Commercial Compliance Contract Management Law & Regulations Price risks Political risks Geographical risks Innovation
Advanced supplier performance as well as supplier risk management
⌂ Focus, performance, risk and control
Spend Delivery Order Fulfillment Supplier Portfolio Administration Investments (AFE’s)
Common Process and Alignment
Effectiveness Efficiency Costs Cycle time Transparency
Opex Capex
Focus Benefit
Control, information and Certifications
Better control Better information Committed spend without invoice Operating cost by:
- Field
- BU
- Cost Center
- Supplier
Capex:
- BU
- Project
- Field
- Supplier
View
Advanced control over results and supplier performance
⌂ Solution footprint
Third Party Budget Impact Performance Law & Regulations Governance
Risk and Compliance Management
Requisites:
- People
- Equipment
- Vehicle
- Contracts
Budget Transparency
Focus Benefit
Supplier Performance Monitoring
Perception from field
- perations:
- Environment
- Safety
- Quality
By :
- Account
- Field
- Supplier
- BU
User approval records:
- Rejections
- Annulled
- Approved
- Supplier
View
Advanced control over results and supplier performance cont’d
⌂ Solution footprint
Smart Analytics for Third Party Monitoring providing transparency and information On Demand.
Type of Service Selector
Month
Expense by Cost Center & Supplier
Business Unit Quantity Consumed Unit Price Field
Supplier Selector
Performance
⌂ Solution footprint
We provide the key building blocks for an efficient and effective supplier management process that also manages risks on demand and in real time
Capture Key Inputs Build Strategy Impact Map
- Contracts
- Hours
- Quantity
- Cost Center
- Business Unit
- Field
- Rate
- Compliance
- Resources
- Requisites
- Laws &
Regulations
- Performance
Evaluation
- Price list items
- Type of Service
- KPI’s
- Authorizing User
- Account
- Budget item
- Supplier
- SKU’s
- Consumption
history
- Work ticket
valuation at inception
- Risk
- Quality
- Safety
- Transaction
history
- Alerts
- More
- Much more
Anticipate and Manage Results
⌂ Key elements and strategy enablement
Process Business Rules Workflow Automation Procedures Alerts
ODIS Configuration
Algorithms Cleansing Validation
■ User ■ Type Transaction ■ Role ■ Workflow ODIS Engine
Inputs Integrated process and data controls that lead to data quality and output consistency resulting in actionable reporting on Third Parties
Document Types
⌂Result
Implemented in weeks not months*
* Subject to assumptions regarding client data and processes