Outcome Driven Solutions

10 Steps to Lower Product Acquisition Costs with ServiceNow

Lower Product Acquisition Costs

A common observation throughout my 25 years of supply chain management and consulting, is that even large procurement organizations dedicate considerable time to purchasing low-value items. This is the exact opposite of what is wanted. Your valuable time should be spent on high value tasks.

So how do you reclaim time to work on high value tasks and get support and recognition for that effort? Three steps you can follow are:

I. Identify the low-value low-complexity products/services your plan to target.
II. Optimize the entire process from request through payment. Eliminate as many steps as possible and automate the rest. ODS calls the fully optimized process Touchless Ordering™.
III. Measure the savings and receive credit for your work.

TESTIMONIALS

What Clients Say About Us

  • 200% Return on Investment
Disconnected visibility prevented us from taking advantage of volume purchase opportunities. Our team was also wasting 20% of their time on unfunded requests. On top of that, we were paying maintenance on retired infrastructure. We identified savings in the first 12 months that provided us with over 200% Return on Investment!
  • Reduced Efforts by 80%
We no longer blindly overspend our budgets because we have current information at our fingertips; we know what was approved, what has been committed, and our actual spend. After having the solution in place, our tracking efforts have been reduced by over 80%. In total, we've recovered the equivalent of 3 FTEs.
  • Doubled Team Productivity
We have a self-service portal so our consumers can view current status on-demand and make requests with real-time updates.
The level of trust between IT and the rest of the University increased overnight. Doubling the productivity of our teams while making our consumers happier made this a no-brainer.

How can we help?

Outcome Driven Solutions (ODS) is your trusted guide to unlocking tangible value from ServiceNow Source-to-Pay.

Our tailored strategies and enhancements ensure that each phase of your Source-to-Pay journey delivers measurable results.

Please use the form to the right to let us know how we can help.