It‘s your procurement teams that know best how to achieve cost savings
Tough market environment calls for fast and sustainable cost reductions
Through us, category maturity assessment and savings identification has never been easier
We’re shaping new standards how firms can identify all possible saving opportunities within their indirect spend. Our approach is straightforward, digital and simple yet clever. Savings identification within 48 hours, digitally, remotely, sustainably and comprehensively. That’s the new standard, our standard.
Yes, that’s right, a survey. Consultants ask questions, we ask questions. We just do it online, faster and cheaper. We collected all saving opportunity levers that are out there, translated them into simple questions and applied a clever logic that will get you an immediate assessment of your category maturity, savings potential and the actions to achieve those cost savings.
Because you immediately gain deep category understanding through the maturity assessment, receive a savings estimate with a detailed action plan which saving opportunity levers to pull, and you can manage the progress of your category or procurement organization through periodic re-assessments. In addition, you could use the survey output as clear requirements for potential future consulting projects in order to increase the project success.
Tell us the categories for which you’d like to identify savings or assess their maturity. Define the stakeholders in your organization that should receive the online survey, could be the category managers, strategic sourcers or even cost owners, we’ll create online survey access for them, you decide how long the survey is open, depending on how fast you need results, we’ll evaluate the results for you immediately. Our process is very simple and efficient, and once you decide to conduct the survey you can get going immediately, as no Software or any type of installation is required. Furthermore, our survey is industry independent, hence no time is being lost for tailoring.
We cover all major indirect spend categories.
You’ll receive a report by category that will show you the category maturity, the assessment against all possible opportunity levers, an action plan which opportunity levers to pull and a savings estimate, simple and fast by e-mail
Yes, ensuring that your data is safe is our topmost priority! The online survey login will be through anonymized usernames, so there will be no indication or link to your firm, the survey will be submitted encrypted online to secured servers in Switzerland, instantly downloaded to a hard drive for evaluation and reporting reasons and deleted straight after. In addition, our survey doesn’t collect any critical confidential data, such as spend numbers or supplier name information.
The savings iD is a new innovative firm from Zurich with the vision that globally every company has increased its indirect spend maturity. That’s why our mission is to enable you to identify remotely, fast and digitally all saving opportunities.
2020 is worldwide the most economically challenging year in decades. Across many industries are revenues from sales diving and unemployment rates sky rocketing. Managing the cost base and achieving fast and sustainable cost reductions has never been more important. At the same time many firms experience an unprecedented acceleration of their digital roadmap and change in their workplace strategy to more remote. That’s when and why the savings iD has been brought to life. To enable firms to achieve remotely and digitally sustainable cost reductions, by changing the way how we identify saving opportunities in procurement today.
Elmi Osman, founder of the savings iD and self-proclaimed CSE, Chief Savings Enthusiast, says: “Consultants ask questions, we ask questions. We just do it remotely, digitally, fast, at a much lower price and with much less time commitment from our clients but with maximal output for them.”