ARCBLUE SERVICES

Savings Accelerator

Take cost out of your business fast

Take cost out of your business fast

Savings Accelerator has been designed to identify opportunities to rapidly take cost out of your business and drive sustainable benefits. We take your disorganised raw data and convert it into an interactive spend cube dashboard – giving you an easy-to-analyse source of truth to enable your hunt for value.

We apply a broad range of benchmarks to create the opportunity heatmap, and test against a full set of value levers. We then work with your key stakeholder groups to validate, refine and size the opportunities before developing the execution ‘wave plan’ to drive savings through the organisation.

Savings Accelerator delivers an average return on investment of 10x – 15x.

Why ArcBlue to deliver your savings?

  • A robust implementation plan within weeks ​through a Consultative approach
  • Deep analytics skills and benchmarks from ~$300B of spend analysed to date ​
  • Proven approach applying a comprehensive set of value levers to uncover full savings ​potential​
  • Trusted procurement practitioners and negotiators with hands on delivery experience​
  • Deliver sustainable savings that stick, not just short-term savings​
  • Wide range of industry and category expertise to increase speed to value​
  • ​Leading practice technology portal to keep everyone on the same page​

How it works

savings-accelerator-model-2023

1. COLLECT & INTERPRET THE DATA

We work with your team ​to identify and collect the most complete data set possible, and ensure we have understood the nuances of your data set​.

2. CLEANSE, CATEGORISE & VISUALISE THE DATA

We’ll then cleanse and categorise the data into a ‘market facing’ taxonomy, creating an online spend cube that can be shared with you and utilised by the team.

3. INITIAL OPPORTUNITY ANALYSIS

An initial analysis identifies hotspots by applying a range of benchmarks, testing for certain characteristics and understanding the level of maturity in each category.

4. VALIDATE OPPORTUNITIES, VALUE & SEQUENCING

We apply a full set of value levers and validate our hypotheses before sizing and sequencing the opportunities aligned to your objectives.

5. DEVELOP IMPLEMENTATION STRATEGIES

Post validation, we create detailed implementation plans for your in-scope opportunities and take these through an agile governance process to ensure there is organisational support​.

6. EXECUTE STRATEGIES / NEGOTIATIONS

Approved opportunities are moved to execution as quickly as possible. Our team can either fully deliver, support or coach your team to deliver the value. Progress is tracked and reported via our portal​.

Visualise your potential with our Savings Tracker

We provide you access to our mybuy Savings Hub which provides real-time visibility of the benefits, size and progress for each opportunity.

mybuy-savings-tracker

We use a proven, structured process to cleanse your data

2023-data-cleansing-process

Need help to remove unnecessary costs from your business? 

ArcBlue uses a structured methodology to identify and analyse costs to drive sustainable benefits. Our savings programs deliver a return on investment between 10x – 15x.

Find out how ArcBlue can help you

Our Specialists

Team

Find out more

OUR EXPERIENCE

INSIGHTS

RESOURCES & DOWNLOADS