Spend & Opportunity combine McKinsey expertise, data modeling, and design thinking for maximum performance and innovation in procurement analytics, providing you with insights and trigger actions for value capture, risk mitigation, and process improvement across use cases.
In addition to our large library of off-the-shelf analytics use cases, we also co-innovate with clients to solve specific analytical challenges.
Underlying business questions guide the applicability of spend analytics.
Quantification and assessment of opportunities drives prioritization of value capture.
Focus on hidden values in data.
Breakdown of analytics into business-relevant use cases.
Easy combination of different analytics modules to create a customized solution for specific requirements.
No dependency on a one-size-fits-all solution.
Quick identification of information and insights through top-down navigation concept.
Easy-to-understand entry points to reduce the complexity of large and compounded data sets.
More useful for organizations with lower data maturity.
Qualitative mapping of user needs via “Jobs-to-be-done,” an industry-standard design methodology.
Application of proven data visualization practices to ensure intuitive user experience.
