(Help with) reporting and analytics
Unlock the power of reporting and analytics with Alt-Source
Find expert help with reporting and analytics to drive your business forward. Trust Alt-Source Supplier Sourcing Agency for top-notch solutions today!
Dump us your data from various sources, and we’ll aggregate it into clear, meaningful insights. Let us make sense of scattered information to support your smarter decision-making.
Give us your unsorted junk data and we will make it meaningful!
Send us your raw purchasing data, and we’ll make it accessible, informative, and actionable. Partner with us for cutting-edge procurement intelligence data and reporting analytics.
Our approach to procurement intelligence
Looking for a strategy to manage low-value, high-volume procurement transactions (tail spend)?
- Discover opportunities to optimize overlooked procurement categories. We’ll help you analyze and manage small, non-core expenditures to unlock hidden value and reduce costs efficiently.
What we offer
Data collection and aggregation
Together, we’ll gather and consolidate all your procurement-related data from various sources to build a complete and detailed dataset.
Detailed expenditure breakdown (spend analysis)
We analyze your spending data to identify patterns and insights related to suppliers, categories, and expenditure volume and value.
Total ccost of ownership (TCO) analysis
We assess all costs linked to your procurement decisions, including direct and indirect expenses, to provide a complete view of total expenditures.
Supplier performance analytics (supplier evaluation)
We monitor and evaluate your suppliers using Key Performance Indicators (KPIs) to assess their alignment with business standards and expectations.
Market benchmarking and forecasting
We compare your procurement practices with industry benchmarks and use historical data to predict future trends and needs.
Pareto analysis (80/20 rule) and ABC analysis
We apply the Pareto Principle for impactful procurement areas and ABC analysis for inventory categorization.
Managing tail spend
We strategize with you to manage high-volume, low-value transactions, aiming to reduce inefficiencies and uncover cost savings.
Procurement process improvement recommendations
Based on our data analysis, we provide you actionable recommendations to optimize your procurement processes.
Need more explanation?
A 1-hour 15-minute online meeting to review findings, discuss insights, answer questions, and share tips and tricks (optional and charged separately).