Source smarter.

Procurement

A smarter approach to Big Data analytics puts the right material in the right place at the right time — faster, cheaper, and more flexibly, thanks to advanced data science and machine learning.

Solutions for...

  • Direct spend
  • Indirect spend
  • Capital goods and services
  • Facilities

Market Challenges & Opportunities

Having clear visibility into your company’s spend is critical to reducing costs, ensuring contact compliance, and improving procurement processes. But dealing with numerous, dispersed data sources, differing formats, inconsistent supplier naming, little or no commodity classifications, and free-form descriptions can be daunting. Without reliable information on what your company is spending, you may never know where to leverage purchasing power. You can’t see if suppliers are overcharging you, buyers are using non-approved suppliers and purchasing channels, or you’re paying different rates for the same item.

Solution IPC Can Help

With Signalytics from Solution IPC, supply chain professionals can use advanced analytics and data management to manage spend, harnessing the power of data science to identify and capture savings opportunities. Signalytics offers a full suite of spend intelligence functionality that provides complete insight into enterprise spend, giving procurement organizations more visibility and control. A complete view of spend across categories and line items, awareness of patterns that were difficult or impossible to discern before, and constantly refreshed analysis allow faster, more focused action that drives tangible savings.

Solution Overview

Optimize Spend

Spend enough, but not too much.

Solution IPC’ Signalytics is the first spend intelligence suite to combine Big Data science and spend analysis, helping procurement organizations identify and capture substantial savings opportunities.
 
 

How it delivers value:

  • Analyzes the universe of relevant procurement data, identifying new opportunities and turning spend intelligence into sizable savings
  • Consolidates 100% of spend into a single view, enabling faster, better-informed decisions that increase and accelerate savings
  • Includes preconfigured, best-in-class analyses and automatic alerts, enhancing business agility and spend efficiency through faster, more insightful decisions
  • Increases purchasing leverage through more rigorous understanding of material and vendor costs
  • Returns more cash to the business, maximizing working capital
  • Increases employee efficiency, freeing up resources for more strategic initiatives
  • Simplifies and accelerates workflows by offering an efficient and flexible OLAP architecture, allowing real-time changes to hierarchies and rules, streamlining and automating data ingestion, and providing intuitive visualization
  • Offers highly flexible deployment options, including cloud, client-server, independent desktop or laptop, or peer-to-peer
Maximize Efficiency

Inject sports-car performance into your supply chain.

Signalytics, a comprehensive intelligence suite for procurement, and Signal Hub, an end-to-end Big Data analytics platform for large enterprises, use data science and machine learning to optimize a business’ interactions with its entire supply base and individual suppliers.

How it delivers value:

  • Automatically detects rate variances and root cause of spend pattern changes
  • Identifies and prioritizes savings opportunities
  • Detects overcharges and quantifies their impact
  • Monitors compliance with negotiated terms
  • Improves the operational efficiency of purchasing processes across the entire supply base
  • Helps individual suppliers improve product and service quality, throughput, cycle time, and other key operating metrics
Simplify Cost Structure

Understand your procurement costs from all angles.

Signalytics and Signal Hub deliver a powerful combination of advanced analytics insights from both sides of the procurement equation: your cost and your suppliers’ margins. More insight gives you greater control.
 
 

How it delivers value:

  • Disaggregates spend into its underlying cost drivers by category, supplier, and invoice, enabling rapid root cause analysis of spend patterns
  • Facilitates forensic analysis of supplier economics, enabling comparison of a business’ actual spend, market prices, and supplier margin
  • Provides invoice-level information, supplemented with continually refreshed proprietary data about markets and suppliers
  • Decreases maverick spend through greater visibility into internal sourcing practices, spend patterns, and policy compliance
  • Identifies duplicate payments, erroneous payments, and fraud, flagging each instance before the business issues payment
  • Identifies opportunities for cheaper substitutes
  • Reduces overall demand and rationalizes specifications
More…

Optimize your supply chain with the power of data science.

Solution IPC uses advanced analytics and machine learning to orchestrate cost and process efficiency and maintain quality across the supply chain, drive continuous improvement, and make all supply chain activities run smarter.

  • Demand Planning and Forecasting
  • Inventory Optimization
  • Lean Operations
  • Logistics Planning
  • Material Requirements planning (MRP)
  • Order Management and Fulfillment
  • Quality Management
  • Reverse Logistics
  • Supply Network Planning
  • Transportation Management
  • Warehouse Management

Solutions for...

  • Cycle time improvement
  • Partner programs
  • Vendor qualification
  • Vendor assessment
  • Vendor quality management

Market Challenges & Opportunities

A business can have purely transactional interactions with its suppliers, a true partnership, or something between those two extremes. Supply bases can be equally diverse in terms of geographic concentration, redundancy, quality variations, operating efficiency, pricing, and many other factors. Big Data analytics can help manage the complexity of information flowing across the supply base, but most advanced analytics solutions aren’t nearly as agile as the procurement processes that they are tasked to support. An effective solution uses data science to drive complexity out of the procurement process so that it can perform optimally and improve over time.

Solution IPC Can Help

Solution IPC helps businesses engage more effectively with their suppliers, using data science and machine learning to create a more dynamic, capable, integrated, and cost-optimized supply chain. Our Signalytics solution quickly and efficiently transforms raw financial data into supply base insight, analyzing transaction information across all systems to identify and prioritize savings opportunities and monitor supplier compliance with negotiated terms. Our Signal Hub solution disaggregates the supply chain across materials costs, materials flows, and process activities, allowing procurement teams to optimize operating efficiency, increase throughput, improve quality, and reduce cost across the entire supply base and with individual suppliers.

Solution Overview

Optimize Spend

Spend enough, but not too much.

Solution IPC’ Signalytics is the first spend intelligence suite to combine Big Data science and spend analysis, helping procurement organizations identify and capture substantial savings opportunities.
 
 

How it delivers value:

  • Analyzes the universe of relevant procurement data, identifying new opportunities and turning spend intelligence into sizable savings
  • Consolidates 100% of spend into a single view, enabling faster, better-informed decisions that increase and accelerate savings
  • Includes preconfigured, best-in-class analyses and automatic alerts, enhancing business agility and spend efficiency through faster, more insightful decisions
  • Increases purchasing leverage through more rigorous understanding of material and vendor costs
  • Returns more cash to the business, maximizing working capital
  • Increases employee efficiency, freeing up resources for more strategic initiatives
  • Simplifies and accelerates workflows by offering an efficient and flexible OLAP architecture, allowing real-time changes to hierarchies and rules, streamlining and automating data ingestion, and providing intuitive visualization
  • Offers highly flexible deployment options, including cloud, client-server, independent desktop or laptop, or peer-to-peer
Maximize Efficiency

Inject sports-car performance into your supply chain.

Signalytics, a comprehensive intelligence suite for procurement, and Signal Hub, an end-to-end Big Data analytics platform for large enterprises, use data science and machine learning to optimize a business’ interactions with its entire supply base and individual suppliers.

How it delivers value:

  • Automatically detects rate variances and root cause of spend pattern changes
  • Identifies and prioritizes savings opportunities
  • Detects overcharges and quantifies their impact
  • Monitors compliance with negotiated terms
  • Improves the operational efficiency of purchasing processes across the entire supply base
  • Helps individual suppliers improve product and service quality, throughput, cycle time, and other key operating metrics
Simplify Cost Structure

Understand your procurement costs from all angles.

Signalytics and Signal Hub deliver a powerful combination of advanced analytics insights from both sides of the procurement equation: your cost and your suppliers’ margins. More insight gives you greater control.
 
 

How it delivers value:

  • Disaggregates spend into its underlying cost drivers by category, supplier, and invoice, enabling rapid root cause analysis of spend patterns
  • Facilitates forensic analysis of supplier economics, enabling comparison of a business’ actual spend, market prices, and supplier margin
  • Provides invoice-level information, supplemented with continually refreshed proprietary data about markets and suppliers
  • Decreases maverick spend through greater visibility into internal sourcing practices, spend patterns, and policy compliance
  • Identifies duplicate payments, erroneous payments, and fraud, flagging each instance before the business issues payment
  • Identifies opportunities for cheaper substitutes
  • Reduces overall demand and rationalizes specifications
More…

Optimize your supply chain with the power of data science.

Solution IPC uses advanced analytics and machine learning to orchestrate cost and process efficiency and maintain quality across the supply chain, drive continuous improvement, and make all supply chain activities run smarter.

  • Demand Planning and Forecasting
  • Inventory Optimization
  • Lean Operations
  • Logistics Planning
  • Material Requirements planning (MRP)
  • Order Management and Fulfillment
  • Quality Management
  • Reverse Logistics
  • Supply Network Planning
  • Transportation Management
  • Warehouse Management

Solutions for...

  • Cost driver analysis
  • Supplier margin analysis

Market Challenges & Opportunities

What is the right price? Determining the answer is often more a function of art than science. The implications of not having an optimal price are clear: inflated costs and less cash to invest in growing the business. Reorienting procurement away from the art and back to the science can restore efficiency and growth. World-class procurement organizations have discovered Big Data analytics, but most analytics solutions don’t offer the throughput, scalability, or degree of integration with core operational systems and business processes to drive informed and accurate pricing decisions as part of day-to-day business operations.

Solution IPC Can Help

Solution IPC offers two powerful solutions that use data science to revolutionize procurement pricing analytics. Signalytics, a spend intelligence suite, analyzes spend patterns and identifies specific cost drivers, allowing the business to pinpoint savings opportunities. Signal Hub, an end-to-end Big Data analytics platform, applies a unique approach and architecture that extract key pricing drivers from vast sets of market data, removing ambiguity about supplier pricing. By attacking the pricing question from both the business cost and market price angles, procurement teams can negotiate more effectively, know when to switch suppliers, and improve cash flow.

Solution Overview

Optimize Spend

Spend enough, but not too much.

Solution IPC’ Signalytics is the first spend intelligence suite to combine Big Data science and spend analysis, helping procurement organizations identify and capture substantial savings opportunities.
 
 

How it delivers value:

  • Analyzes the universe of relevant procurement data, identifying new opportunities and turning spend intelligence into sizable savings
  • Consolidates 100% of spend into a single view, enabling faster, better-informed decisions that increase and accelerate savings
  • Includes preconfigured, best-in-class analyses and automatic alerts, enhancing business agility and spend efficiency through faster, more insightful decisions
  • Increases purchasing leverage through more rigorous understanding of material and vendor costs
  • Returns more cash to the business, maximizing working capital
  • Increases employee efficiency, freeing up resources for more strategic initiatives
  • Simplifies and accelerates workflows by offering an efficient and flexible OLAP architecture, allowing real-time changes to hierarchies and rules, streamlining and automating data ingestion, and providing intuitive visualization
  • Offers highly flexible deployment options, including cloud, client-server, independent desktop or laptop, or peer-to-peer
Maximize Efficiency

Inject sports-car performance into your supply chain.

Signalytics, a comprehensive intelligence suite for procurement, and Signal Hub, an end-to-end Big Data analytics platform for large enterprises, use data science and machine learning to optimize a business’ interactions with its entire supply base and individual suppliers.

How it delivers value:

  • Automatically detects rate variances and root cause of spend pattern changes
  • Identifies and prioritizes savings opportunities
  • Detects overcharges and quantifies their impact
  • Monitors compliance with negotiated terms
  • Improves the operational efficiency of purchasing processes across the entire supply base
  • Helps individual suppliers improve product and service quality, throughput, cycle time, and other key operating metrics
Simplify Cost Structure

Understand your procurement costs from all angles.

Signalytics and Signal Hub deliver a powerful combination of advanced analytics insights from both sides of the procurement equation: your cost and your suppliers’ margins. More insight gives you greater control.
 
 

How it delivers value:

  • Disaggregates spend into its underlying cost drivers by category, supplier, and invoice, enabling rapid root cause analysis of spend patterns
  • Facilitates forensic analysis of supplier economics, enabling comparison of a business’ actual spend, market prices, and supplier margin
  • Provides invoice-level information, supplemented with continually refreshed proprietary data about markets and suppliers
  • Decreases maverick spend through greater visibility into internal sourcing practices, spend patterns, and policy compliance
  • Identifies duplicate payments, erroneous payments, and fraud, flagging each instance before the business issues payment
  • Identifies opportunities for cheaper substitutes
  • Reduces overall demand and rationalizes specifications
More…

Optimize your supply chain with the power of data science.

Solution IPC uses advanced analytics and machine learning to orchestrate cost and process efficiency and maintain quality across the supply chain, drive continuous improvement, and make all supply chain activities run smarter.

  • Demand Planning and Forecasting
  • Inventory Optimization
  • Lean Operations
  • Logistics Planning
  • Material Requirements planning (MRP)
  • Order Management and Fulfillment
  • Quality Management
  • Reverse Logistics
  • Supply Network Planning
  • Transportation Management
  • Warehouse Management

Solutions for...

  • Demand planning and forecasting
  • Inventory optimization
  • Lean operations
  • Logistics planning
  • Material requirement planning (MRP)
  • Order management and fulfillment
  • Quality management
  • Reverse logistics
  • Supply network planning
  • Transportation management
  • Warehouse management

Market Challenges & Opportunities

Procurement is a key component of supply chain operations and drives all downstream value-added activity in a business. Whether a line item is physical material or a service, procurement teams strive to identify and engage sources capable of producing with high quality and delivering at a reasonable cost, on time, and to the right location. Supply chains are inherently complex, exhibit high variability, and can be difficult to optimize. Flows of raw materials, components, finished goods, and services create massive volumes of Big Data, and businesses can create lasting competitive advantage by using advanced analytics in a way that rapidly extracts insights into the supply chain and translates these into timely, focused action.


Solution IPC Can Help

Solution IPC’ Signalytics and Signal Hub help companies achieve new levels of sophistication, performance, quality, and business agility in their procurement operations. With both of these enterprise-grade Big Data analytics solutions, advanced data science reveals critical information — about costs and pricing, product and service quality, and process efficiency — that was difficult, impractical, or impossible to find before. Machine learning techniques continuously improve throughput, cycle time, quality control, and costs. Armed with this insight, businesses can position themselves at the forefront of the next wave of supply chain evolution, strengthening and preserving competitive advantage.

Solution Overview

Optimize Spend

Spend enough, but not too much.

Solution IPC’ Signalytics is the first spend intelligence suite to combine Big Data science and spend analysis, helping procurement organizations identify and capture substantial savings opportunities.
 
 

How it delivers value:

  • Analyzes the universe of relevant procurement data, identifying new opportunities and turning spend intelligence into sizable savings
  • Consolidates 100% of spend into a single view, enabling faster, better-informed decisions that increase and accelerate savings
  • Includes preconfigured, best-in-class analyses and automatic alerts, enhancing business agility and spend efficiency through faster, more insightful decisions
  • Increases purchasing leverage through more rigorous understanding of material and vendor costs
  • Returns more cash to the business, maximizing working capital
  • Increases employee efficiency, freeing up resources for more strategic initiatives
  • Simplifies and accelerates workflows by offering an efficient and flexible OLAP architecture, allowing real-time changes to hierarchies and rules, streamlining and automating data ingestion, and providing intuitive visualization
  • Offers highly flexible deployment options, including cloud, client-server, independent desktop or laptop, or peer-to-peer
Maximize Efficiency

Inject sports-car performance into your supply chain.

Signalytics, a comprehensive intelligence suite for procurement, and Signal Hub, an end-to-end Big Data analytics platform for large enterprises, use data science and machine learning to optimize a business’ interactions with its entire supply base and individual suppliers.

How it delivers value:

  • Automatically detects rate variances and root cause of spend pattern changes
  • Identifies and prioritizes savings opportunities
  • Detects overcharges and quantifies their impact
  • Monitors compliance with negotiated terms
  • Improves the operational efficiency of purchasing processes across the entire supply base
  • Helps individual suppliers improve product and service quality, throughput, cycle time, and other key operating metrics
Simplify Cost Structure

Understand your procurement costs from all angles.

Signalytics and Signal Hub deliver a powerful combination of advanced analytics insights from both sides of the procurement equation: your cost and your suppliers’ margins. More insight gives you greater control.
 
 

How it delivers value:

  • Disaggregates spend into its underlying cost drivers by category, supplier, and invoice, enabling rapid root cause analysis of spend patterns
  • Facilitates forensic analysis of supplier economics, enabling comparison of a business’ actual spend, market prices, and supplier margin
  • Provides invoice-level information, supplemented with continually refreshed proprietary data about markets and suppliers
  • Decreases maverick spend through greater visibility into internal sourcing practices, spend patterns, and policy compliance
  • Identifies duplicate payments, erroneous payments, and fraud, flagging each instance before the business issues payment
  • Identifies opportunities for cheaper substitutes
  • Reduces overall demand and rationalizes specifications
More…

Optimize your supply chain with the power of data science.

Solution IPC uses advanced analytics and machine learning to orchestrate cost and process efficiency and maintain quality across the supply chain, drive continuous improvement, and make all supply chain activities run smarter.

  • Demand Planning and Forecasting
  • Inventory Optimization
  • Lean Operations
  • Logistics Planning
  • Material Requirements planning (MRP)
  • Order Management and Fulfillment
  • Quality Management
  • Reverse Logistics
  • Supply Network Planning
  • Transportation Management
  • Warehouse Management

What the Market Is Saying

"Opera has allowed us to take control of over $2B in annual spend from multiple ERPs and payment channels."

—VP Procurement, Top-5 Financial Services Firm

“Signal Hub has touched every piece of data we have, and the impact it has generated is outstanding.”

—EVP, Major US Payment Card Network

"Signalytics has been an essential tool to assist with our organization’s migration from tactical procurement & contract management to strategic procurement and sourcing."

—Director, Procurement & Sourcing Services, Excellus Blue Cross

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